News
K. Hovnanian Homes Lauches 55+ Residential Development
K. Hovnanian Homes has unveiled plans for K. Hovnanian’s Four Seasons at Monmouth Woods. The development will be just off of Route 9, at 200 W. Farms Road in Howell Township, which is in Monmouth County, N.J.
TODAY’S DEALS: Canadian REIT Grabs Luxury San Antonio Apartments
Pure Multi-Family REIT finds opportunity in San Antonio; and Walker & Dunlop originates a $26.6 million acquisition loan in Colorado.
Delano Hotel Brand Debuts in Dubai
Morgans Hotel Group brings its Delano Brand to the Middle East through a recently announced partnership with IFA Hotels & Resorts.
Building the Tallest Residential Tower West of the Mississippi
The Independent, a 58-story condo tower destined to be the tallest residential building west of the Mississippi River, is set to rise in downtown Austin, Texas.
Renovations in Full Force at Estates at Fountain Lake in Houston
Prime Property Investors has completed the first phase of unit renovations at Estates at Fountain Lake.
Inside the WELL Building Standard
LEED was developed by the U.S. Green Building Council back in 2000 and for 15 years has helped building owners and operators be environmentally responsible and use resources efficiently.
Investors Keenly Interested in Colorado Springs Apartments
Denver’s one of the more robust apartment markets in the nation, but a new report by Colorado Springs-based apartment specialist Commonwealth reported that investor interest in secondary-market Colorado apartment properties (such as Colorado Springs) is quite strong as well.
Affordable Multifamily Veteran Joins Freddie Mac as Vice President
Freddie Mac announced that David Leopold, a long-time leader of affordable rental housing lending and investments, is joining the company on April 20, 2015, as vice president of affordable housing production for the Multifamily business.
TODAY’S DEALS: Greysteel Refinances D.C. Portfolio
The Greysteel Co. arranges a $21.5 million portfolio refinance via a conduit lender; Northland acquires its 21st property in Florida; and Eastern Union and Investors Bank facilitate $22.5 million for the purchase of a Bronx, N.Y., landmark.
You Gotta Laugh
Sometimes, residents have some, well, interesting things to say about their community. MHN and Kingsley Associates take a look at some of the more humorous correspondence from renters.