News
Economy Watch: Why Homebuilders are Relying on Millennials
Home builders are still fairly confident about the state of their industry, whose health affects a number of other kinds of real estate. Should they be?
San Diego Community Gets All Energy From the Sun
An eco-friendly apartment community that opened in 2009 is taking its EcoLiving lifestyle to the next level.
Berkadia Becomes Freddie Mac TAH Seller/Servicer
Freddie Mac has tapped Berkadia as a formally designated and licensed Freddie Mac Multifamily Targeted Affordable Housing Seller/Servicer. New York-based Berkadia is one of only 13 lenders in the country to earn the designation.
TODAY’S DEALS: Fort Lauderdale Condo Site Sells for $10M
ARA Newmark brokers the sale of a condo site in Florida; TGM Associates completes a disposition in Jupiter, Fla.; and HFF brokers $70 million in joint venture equity.
New York City Unveils Energy and Water Conservation Program for Multifamily
The New York City Department of Housing Preservation and Development and New York City Housing Development Corp.have kicked off the city’s Green Housing Preservation Program, the goal of which is to assist owners of small- to mid-sized multifamily properties in the city in making energy-efficiency and water conservation improvements.
Bellwether Enterprise Expands Affordable Housing Group
Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), announced that it has expanded its affordable housing group to include four new team members.
KGD Architecture Elevates Henry Mahns and Tom Donaghy to Principals
Principals Ben Kishimoto, AIA, NCARB, LEED AP; Chris Gordon AIA, NCARB and Manoj Dalaya, AIA, AICP are announced the elevation of Henry Mahns, AIA and Tom Donaghy, AIA, LEED AP to principals at KGD Architecture.
GFI Realty Named Exclusive Agent for Site on ‘Legendary’ Bed-Stuy Retail Street
GFI Realty Services has been named exclusive sales agent for 1425 Fulton Street in Brooklyn. The site is located in the resurgent Bedford-Stuyvesant area, the busiest development neighborhood in Brooklyn.
Allied Orion Group Launches Community Near Texas Medical Center
A new development, providing luxury living convenient to the Texas Medical Center, officially launched.
Economy Watch: Consumers Don’t Like the Looks of the Economy
Do consumers have the jitters? That’s happened before, and it always has the potential to cut into retail sales, and thus impact the property types that retail sales support, namely retail and less directly, industrial.