News
Thoughts on Modular Construction
In a recent MHN poll, readers were asked if they thought modular construction would have a significant market share in the next 15 years.
Joint Venture Transforming Commercial Site to Luxury Apartment Community
A joint venture is bringing a modern, luxurious multifamily property to Orange, Calif.
Ashford Hospitality Trust Procures $33.3M Financing for Acquisition of Marriott Hotel
After announcing that it entered a definitive purchase agreement to buy the 232-room Marriott Memphis East Hotel back in January, Ashford Hospitality Trust, Inc. wasted no time in procuring financing and closing on the hotel.
TODAY’S DEALS: Kushner Cos. Acquires New York Walk-Up Portfolio for $131.5M
Kushner Companies closes on the acquisition of a 16-building, 291-unit portfolio of Manhattan and Brooklyn multifamily walk-up properties; and HFF secures financing for a property near the University of Houston.
New LED Luminaires Dress-Up Indoor and Outdoor Spaces
The lighting of an area, whether it is a home, communal room or outdoor area, sets the mood just as it does the perceived area size.
RMA Announces Hiring of Heidi K. Turley as Chief Financial Officer
The Risk Management Association announced that Heidi K. Turley, CPA, MBA, CGMA, has joined its management team as chief financial officer.
Waterton Acquires Orlando Apartments
Waterton Associates has acquired Promenade Crossing, a 212-unit garden-style apartment community about three miles northeast of downtown Orlando.
New Partnership Investing $20M in Affordable Housing in California
The Community Development Trust, a national private real estate investment trust, has announced a partnership with TIAA-CREF, a national financial services organization, to invest in affordable housing in California.
The Appeal of a Close Purpose-Built Student Housing Community
Campus Advantage and Pinecrest Partners have joined together to develop The Knox, a 101-unit, 382-bed community that will serve students attending the University of Tennessee, Knoxville.
Economy Watch: Real Estate Markets Benefit from Boost in Engineering Jobs
The missing piece of the puzzle for full economy recovery is still higher wages across most sectors of the economy.