News
Affirmed Housing Renovates San Diego-Area Affordable Apartments
Affirmed Housing Group has completed an extensive renovation to Sonoma Court Apartments, using $4.4 million in low-income housing tax credit equity to fund the project.
TODAY’S DEALS: Queens Apartment Trades Hands
A ‘Quooklyn’ asset trades for $21 million; Marcus & Millichap brokers the sale of a fractured condo in Tampa; and Red Capital provides an $8.8 million balance-sheet loan for the construction of a memory-care project.
Golden Age Group Unveils Melbourne’s Slimmest Residential High-Rise
One of the world’s most slender residential towers will soon rise in Melbourne’s CBD.
Economy Watch: Commercial Tenants Satisfied, But For How Long?
The art of commercial property design has been changing recently, incorporating some ideas called “creative,” especially on the office side.
Small Issue Costing NYC Building Owners Millions Annually
Through the cold winter months, tall buildings act like chimneys—heat escaping through cracks and gaps in the roof and frigid air making its way through the bottom. The boiler runs overtime and so does your wallet.
Severe Housing Cost Burden Remains a Problem
According to Housing Landscape, the recently released annual report of the National Housing Conference, housing affordability improved slightly for low- and moderate-income working households during the economic recovery. However, housing expenses continue to grow for renters.
Small In Size, Not in Luxury
Mack Real Estate Group, Mack Urban and AECOM Capital have formed a partnership with Capri Capital Partners LLC for development of the $144 million mixed-use project in downtown LA.
GFI Realty Services Successfully Markets a Multi-Building Portfolio
GFI Realty Services has been named the exclusive sales agent for a 12-building apartment portfolio in the St. Albans neighborhood of Queens, N.Y., with pricing targeted at $5.3 million.
TODAY’S DEALS: Chicago Tower Sales Breaks $100M Mark
Planned Property Management grabs a Chicago tower; HFF arranges Orlando acquisition financing for a newly built luxury asset; and Hunt Mortgage finances an acquisition with a $4.8 million loan.
Four Seasons Hotel Bahrain Bay Latest Facility to Be Added to Brand’s Gulf Area Portfolio
Four Seasons has continued the expansion of its portfolio with the recent opening of the Four Seasons Hotel Bahrain Bay.