News
Amenity-Driven Renters Are Selective: Village Green Survey
The company’s national study found that although there are generational differences when it comes to a community environment, a majority of renters are taking a growing interest in amenity offerings.
A Smart Bulb That Reacts to Sound & Motion
Heelight is a digital light with 30 different modes that can be controlled by using a smartphone app. By scanning a QR code, the bulb can be operated without Bluetooth or Wi-Fi like other smart options on the market.
Maplewood Debuts Cape Cod Senior Housing
The 75-unit property is part of the Maplewood at Mayflower Place campus, a full-service continuing-care retirement community in West Yarmouth, Mass.
Moinian Group, SL Green Snag $500M for Manhattan Tower
Sky Residence includes 1,175 units and 70,000 square feet of amenity space in a 71-story community. It is the largest single-tower residential building in the U.S., and received the largest-ever single-asset tax-exempt financing completed by Freddie Mac.
VA Property Changes Hands in $65M Deal
The JBG Cos. disposed of Fairmont Gardens, a 388-unit multifamily community in Annandale, Va., one year after acquiring it for $47 million.
Mission Rock Residential on Managing Growth
President Patricia Hutchison discusses the company’s beginnings, today’s multifamily landscape, the lending market and the effects of rising interest rates.
Praxis Lands 1st Atlanta Asset
The San Francisco-based company entered acquired the 198-unit Birch Run Apartments in Clarkston, Ga. The property will soon undergo a $3 million renovation process.
Waterton Secures DC-Area Luxury Community
Built in 1992, the 404-unit Citizen at Shirlington Village will undergo renovations to its unit interiors and common areas.
Silverstone Debuts Palm Beach Gardens Senior Housing
Harbor Retirement Associates operates the 120-unit property, which provides assisted living and memory care services, in addition to HarborChase of Southlake and HarborChase of The Park Cities, both of which are slated to open in the first quarter of 2018.
29SC Acquires 6th Chicago Community
The asset, Wooded Isle Apartments, is located in Hyde Park, only eight miles from downtown. The community offers 75 units.