News

Hickok Cole Architects and Washington Project for the Arts Raise More than $120,000 at 15th Annual ‘Art Night’ Benefit

The firm’s ample office space was transformed by WPA into an eclectic art gallery. Attendees were invited to grab a drink, peruse the work of local artists displayed on all three floors and, when they saw something they liked, to buy it.

Leveraging Data for Competitive Leasing

The Internet Listing Service (ILS) is the starting point for today’s tech-savvy organizations that are looking to create a leasing advantage in their markets.

M.V. Partners Opens New Seniors Apartments in Costa Mesa

Azulón at Mesa Verde, a 215-unit, market-rate seniors housing development, is now open in Costa Mesa with nearly 70 apartments occupied. Locally based M.V. Partners developed the “resort-inspired” project for renters over 55.

TODAY’S DEALS: Olympus Property Acquires Luxury Adaptive Reuse High-Rise in Downtown Dallas

A 440-unit high-rise in Dallas trades hands; Domain Acquisitions and BH Equities acquire 672 units in North Phoenix; and NorthMarq Capital secures $103.7 million in Freddie Mac refinancings to take out bank loans.

NAHB Announces Best of 50+ Housing Awards Finalists

The National Association of Home Builders has announced the finalists for NAHB’s 2015 Best of 50+ Housing Awards, the premier design and marketing competition for the 50+ housing industry.

Nancy Ruddy Named to Board of Newman Real Estate Institute

Nancy J. Ruddy, cofounder and managing principal of the award-winning global architecture and design firm CetraRuddy, has been named to the board of the Steven L. Newman Real Estate Institute in New York.

Goodman Group Operations in Japan Are Thriving as Company’s Local Developments Are On-Schedule

Goodman’s undertakings in the Japanese market are all reportedly on track according to plan. The company has already completed a project this month, with two other developments set to come online very soon.

Multifamily Market will Continue to Perform: MHN Interview with RubinBrown’s Bryan Keller

The 2014 Apartment Statistical Data report is an annual survey compiled by RubinBrown’s Real Estate Services Group. It includes operational data for 2013 and represents approximately 420 apartment projects in roughly 30 states.

KSK Land and Kempinski to Manage 8 Conlay Mixed-Use Development in Kuala Lumpur

Kempinski Hotels, Europe’s oldest luxury hotel group, and KSK Land Sdn Bhd, a subsidiary of KSK Group Berhad recently announced the signing of a management agreement for the upscale 8 Conlay mixed-use development in Kuala Lumpur, Malaysia.

Setting the Stage for a Comeback: Multifamily Sector to Stay Strong as GDP Expansion Peaks in 2015, Single-Family Starts Break 1M in 2016

According to the National Association of Home Builders, the economy is back on track, and economic growth will accelerate into next year. Will that mean the multifamily market will strengthen further?