News
Bainbridge Cos., China Orient Obtain $128M Loan for Long Island Multifamily Deal
The community consists of 43 two-story buildings totaling 656 units.
Indianapolis Retirement Community Wraps Up $11M Expansion
Brookdale and Health Care Properties have expanded Robin Run Village, an Indianapolis senior living community that can accommodate up to 700 residents on its 86-acre campus.
Product Spotlight: JELD-WEN Barn Doors
JELD-WEN barn doors are a stylish focal point for space-saving designs.
Economy Watch: Architects Busier in March, Bodes Well for Construction Spending
The American Institute of Architects reported that the March Architecture Billings Index (ABI) came in at 51.9, up from the mark of 50.3 in February.
The Habitat Co. Takes Hold of Affordable Housing on Chicago’s North Side
Habitat has already started offering programs and services designed to enhance residents’ quality of life.
Marcus & Millichap Arranges Sale of 200-Unit Residential Community in Lake City, Fla.
Marcus & Millichap sold an $11 million multifamily asset in Columbia County.
City Green Lights Weidner’s First Construction Project in Minneapolis
The project’s site plan, rezoning request and variances have been approved for the planned 245-unit development.
Hines, Welltower Plan Senior Housing in Midtown Manhattan
The partners will demolish the existing commercial structures on the site to make way for a new 15-story community with retail at the base.
Market Pulse for May 2016
Market Pulse section compiled by Suzann Silverman. To comment, email ssilverman@cpexecutive.com. Multifamily Starts: After two consecutive months of declines, housing starts of buildings with five or more units rose in February 2016. On a seasonally adjusted annual rate basis, housing starts of buildings with five or more units increased by 2.4 percent over the month of February. Over the past 12 months, housing starts of buildings with five or more units climbed 16.8 percent, reversing the 12-month decline of 9.5 percent witnessed in January. Despite the increase over the past 12 months in housing starts of buildings with five or…
IPA Exclusive Listing Agent for Ventura County Property
The community is one of the few of its size in a prized location near the border of Los Angeles and Ventura counties.