News
Luxury Community Opens on Philly’s Main Line
The 36-acre site where the luxury apartment community is located also features a 20,000-square-foot historic mansion built in 1881, which will be updated with modern amenities.
Affordability, Inequality Major Issues for Housing Sector
Several panels at the 2017 ULI Fall Meeting offered their insights and strategies for improving affordable housing availability in the U.S. Meeting the challenge starts with addressing issues of inequality and lack of economic mobility in many cities.
DC-Area Communities Receive $65M in Financing
HFF helped secure financing for four properties in the Washington, D.C., area. The apartment communities are situated just 30 minutes from downtown and total 920 units.
SmartStop Affiliate Completes $43M Offering of Reno Student Housing
Reno Student Housing comprises The Summit, a 709-bed asset near the University of Nevada. The LEED-certified seven-building community is 97 percent leased.
Russo Starts Work on Mixed-Use Project in Northern NJ
Phase I of Vermella Union includes 462 rental apartments, 65,000 square feet of indoor/outdoor amenities and 40,000 square feet of retail space.
Northland Expands Its FL Portfolio
The company purchased Element, a 395-unit residential tower in downtown Tampa. The property marks Northland’s fifth purchase within the last five months.
Downtown Miami Condo Market Is Finding Its Footing
After experiencing several ups and downs, the city is becoming an attractive place for investors. For the first time since 2012, the condo pipeline has more units completed than under construction.
NRP Group Launches Third-Party Construction Unit
NRP Construction will be involved in residential construction projects in Texas. The company’s specialty is design-assist and design-build.
Broad-Based Employment Fuels Demand in Indianapolis
Indianapolis is among the nation’s top cities for finding and maintaining a job, as evidenced in a new study compiled by job search website Glassdoor.
Meridian Arranges Loan for MI Luxury Property
The 10-year fixed-rate CMBS financing was secured on behalf of The Harrison, a community located in Royal Oak, Mich.