News
Veteran Developer Joins Wood Partners
Denver—Wood Partners LLC announced that Jack Kachadurian, a multifamily investment and development specialist, has been hired as vice president of development for the Denver and Rocky Mountain markets. Kachadurian is based in Wood Partners’ Denver office. Since launching its Denver office eight years ago, Wood Partners has developed six apartment communities with more than 1,300 units in the Denver metro area and plans to close a seventh. After a brief respite to analyze absorption rates and the current market, Wood Partners is prepared to increase its development pipeline. A graduate of Regis University in Denver, Kachadurian is pleased to return to…
Appealing to Tech-Savvy Renters
By Jeffrey Steele, Contributing Editor These days, it’s hard to find anyone who doesn’t have a mobile device seemingly glued to his or her fingers. Having leapfrogged fixed Internet usage, mobile usage will surely continue gobbling share from all other forms of access. Little wonder that mobile advertising spending is projected to more than double between 2015 and 2019, as reported in a study this year by eMarketer. The multifamily industry is responding and, in the process, growing increasingly conversant with terms and concepts like geofencing, snackable content, social sign-ins, mobile responsiveness and stopping the thumb. The opportunities for marketers of apartment communities…
Foreign Flight Capital Favors U.S. Multi-Housing
Don’t discount the risks associated with foreign capital flocking to multifamily.
How To Attract Student Renters in a Competitive Market
By Andie Lowenstein, Associate Editor Student housing is going through what could be considered the most interesting facelift ever. Millennials’ use of technology and preference for an abundance of amenities combined with increased enrollment in higher education is changing the way student housing is produced. It’s also pushing the increase of private sector development of student housing. Jeffrey Resetco, vice president of real estate development and construction at EdR, discussed new projects in the works and what’s to come for the future of student housing. What does EdR have in the development pipeline? We have a fourth stage of our…
Luxury Independent Living Lands $58M Refi
Greystone arranges 10-year financing for a California asset.
High Rents Putting the Squeeze on Renters
A look at U.S. rental and mortgage affordability.
Tishman Speyer Wants its Berlin Asset Back
Quartier 205 in Berlin, an iconic office property developed by Tishman Speyer two decades ago, has been acquired by Tishman Speyer.
Hillwood and LogProject Join Forces Once Again
Hillwood, the Dallas-based real estate investment and development company owned by Ross Perot, Jr. has partnered with locally based LogProject Development GmbH to build an approximately 333,681-square-foot Class-A logistics project in Düsseldorf.
Corvias Group Appoints Deputy General Counsel
The new deputy general counsel will provide legal support to Corvias Campus Living and Corvias Solutions.
Brookfield Multiplex to Deliver $1B Mega Mall in Abu Dhabi
Gulf Related has selected Brookfield Multiplex as the main contractor for its $1 billion Al Maryah Central mixed-use retail development project on Al Maryah Island in Abu Dhabi, UAE.