Development
PROFILE: Pennrose
Under its repositioning, Pennrose has embarked on a strategy to expand its business by launching into the market-rate apartment development and property management businesses.
Study Shows Multifamily Industry Contributes $5.7 Billion to N.J.
In a new study, the New Jersey Apartment Association and the Edward J. Bloustein School of Planning and Public Policy at Rutgers revealed that the economic contribution of the multifamily industry is a significant component of the New Jersey economy.
SouthShore Developer Breaks Ground on Upscale Newport Apartment Complex
By Adrian Maties, Associate Editor Capital Investment Group Inc., the group that built the SouthShore condominium tower, started work on June 21 on a $15.6 million apartment building in Newport, Northern Kentucky. Officials from the city of Newport, including Newport Mayor Jerry Peluso, and representatives of Capital Investment Group attended the groundbreaking ceremony, held at […]
Toll Brothers Plans High-End Community in Lake Forest
By Alex Girda, Associate Editor
As luxury locations go, you can’t go much higher than Orange County, Calif., an area whose wealth has been represented in countless movies and TV shows. The high-end lifestyle here has apparently stimulated the imagination of luxury home builder […]
NAREE Special Report: Multifamily’s New Trajectory
Despite growing rents and occupancies, there is still room for improvement in the multifamily sector.
NAREE Special Report: Housing Demand Grows; Will Supply Follow?
If there are two points economists during the NAREE conference agreed on, it was that housing demand is growing in the face of short supply and that the extent varies at a local level, from submarket to submarket around the country.
Under One (Affordable) Roof
Jamboree Housing Corporation’s Courier Place Apartment Homes showcase a new trend—multigenerational multifamily.
$75M Luxury Apartment Project Comes to Wheaton, MD
By Adrian Maties, Associate Editor After six years of planning, the Washington Property Co. has finally started work on Solaire-Wheaton, a $75 million luxury apartment development in Wheaton, Md. The project was put on hold during the recession. WPC is constructing the Solaire-Wheaton on the site of the former First Baptist Church of Wheaton, adjacent […]
Stavrou to Build Townhomes in South Baltimore
By Adrian Maties, Associate Editor After nearly five years without any new towhnhome construction, the South Baltimore townhome market seems to be coming back to life. Steve Strohecker broke ground a few weeks ago on a four-townhome project. He is now followed by Annapolis-based Stavrou whose project will bring 10 luxury townhomes to South Baltimore. […]
MHN Excellence Awards Deadline is Extended Until July 9!
Now you can do the whole process online—including payment!