Featured
Manhattanites Flock to Yorkville’s Family-Friendly Condos
New York, N.Y.–Yorkville is in the midst of change, with new luxury residential developments spearheading its evolution into a community tailored to family life.
Seniors and Affordable Green Multifamily Projects under Way in Chicago
Chicago–Ground has been broken for the New Admiral at the Lake, a 31-story life-care/continuing-care retirement community on the North Side of Chicago.
Chicago’s Marina City Marks 50 Years as Sustainable Icon
Chicago–Marina City, a mixed-use property that includes two “corncob” residential towers that are iconic to the city’s skyline, celebrated the 50th anniversary of its groundbreaking this week.
Construction Commences on $33M Green Affordable Housing Development
Davie, Fla.–Ground has just broken on East Village, a 155-unit affordable housing townhome community in Davie, Fla., that will bring much-needed housing to very low-income families.
NAREIT Board Rings Bell at NYSE
New York—In celebration of the 50th anniversary of REITs, members of the executive board of the National Association of Real Estate Investment Trusts (NAREIT) were invited to ring the opening bell at the New York Stock Exchange today.
$48M in Financing Closes for Mixed-Use Project in Suburban Washington, D.C.
Washington, D.C.–It’s all systems go for Garfield Park, a 149-unit luxury mixed-use apartment project just outside of Washington, D.C., in Arlington, Va.
Verdict Reached on Escrow Suit
Essex County, N.J.–A verdict was reached recently in a dispute of the sale of the largest multifamily portfolio in New Jersey in which East Coast Residential Associates claimed it was entitled to receive a $25 million escrow.
$77M Mixed-Use Project in Baltimore Makes Official Debut
Baltimore–The Fitzgerald, a 275-unit mixed-use residential property in Baltimore, has officially reached completion two years after construction commenced.
Enterprise Wants to Help Build 10,000 Units in the Gulf
Washington, D.C.–Michelle Whetten, who heads up Enterprise’s work along the Gulf Coast, talks to MHN about the work Enterprise is doing there.
Election’s Impact on Multifamily
Bill Killmer, senior vice president of legislative and political affairs at the Mortgage Bankers Association, talks to MHN about the impact of the election results on the multifamily industry.