News
Silverback Condo Conversion a Tall Order in Brooklyn
The development company will shepherd the conversion of a 29-story residential tower in New York City’s Brooklyn Heights, making it the tallest condo building in the neighborhood.
Economy Watch: Job Growth Tepid in May
The U.S. economy saw below-average job growth for the month, adding only 138,000 jobs, the Bureau of Labor Statistics reported. However, segments of the economy that affect commercial space absorption still had reasonably good job creation.
Berkadia Closes Sale in Historic SLC Neighborhood
The buyer of the 111-unit community plans to renovate the asset, which was built in 1916 in Salt Lake City’s Avenues neighborhood.
Charlotte’s Boom
The metro’s multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.
Meta Housing Finishes Art-Oriented SoCal Affordable Housing
Constructed on a 54,000-square-foot YMCA-owned site, the five-story ACE/121 includes an 800-square-foot, professional-caliber art gallery, a visual arts room, a makerspace, two music rooms and a dance studio.
$82M Senior Community to Open Near Disney World
Big Rock Partners is developing Windsor at Celebration, which will offer a variety of living options in a section of Central Florida that’s undersupplied by senior housing.
Continental Realty Acquires $47M TN Community
The purchase was made on behalf of Continental Realty Fund IV LP. This represents the fifth residential community and ninth asset purchased by the fund, as well as the first in Tennessee.
MHN’s Top 5 May 2017 Articles
Miss out on any MHN stories in May? Here are five of our most popular articles for the month, including the top 10 apartment owners in San Francisco and the role of virtual assistants in leasing and property management.
Scuff-Resistant Paint: An Industry First
Benjamin Moore’s newest product is specially formulated for high-traffic commercial environments, and is available in two sizes and more than 3,500 colors.
3 Assets Trade in Newark
Gebroe-Hammer Associates facilitated two deals for the New Jersey properties. The three-story communities total 95 units in the Upper and Lower Roseville neighborhoods of the city.