News
5 Apartment Amenities to Incorporate in 2015
Exercise areas, grooming stations and daycare options for pets have become the norm. Your properties can stand out by remembering not all your residents have pets.
The Moinian Group, Tishman Construction Top Out On West 42nd Street
The Moinian Group has announced that its luxury tower development located at 605 West 42nd Street in Manhattan has topped out at 60 stories.
Ribbon Cut on Perkins Eastman-Designed Maplewood at Stony Hill
Maplewood at Stony Hill, a three-story, 84-unit memory care and assisted living facility in Bethel, Conn., recently had its grand opening.
Economy Watch: November Job Gains Wide Across Industries
The November jobs report released by the Bureau of Labor Statistics, widely acknowledged as a very strong one, detailed increasing in hiring across various sectors of the economy.
Indianapolis Seniors Apartments Receive $2.3M Grant From HUD
HUD has awarded the AHEPA 232 Apartments in Indianapolis a $2.38 million grant under its Assisted Living Conversion Program. The funding will be used to covert 24 of AHEPA 232’s 74 units into service-enriched seniors housing.
TODAY’S DEALS: CBRE/NE Brokers 56-Unit Sale in Massachusetts
CBRE/New England brokers a 56-unit sale in Tewksbury, Mass.; Marcus & Millichap arranges a 228-unit portfolio sale in North Texas; and NorthMarq Capital finalizes $26 million in acquisition financing.
Defining New Luxury in Manhattan Multifamily
The recent “Luxury Living—The Future of the Five-Star Market” panel discussion at the MiMa apartment building in New York, hosted by Related Companies and presented by the Real Estate Board of New York, discussed what luxury means going forward for Manhattan multifamily communities.
Madison Realty Capital, USAA Real Estate Announce Development Plans
Madison Realty Capital has announced plans to construct a 170,918-square-foot 80/20 mixed-rate multifamily community in the Clinton Hill neighborhood in partnership with USAA Real Estate Company.
Fujisawa Sustainable Smart Town Opens Near Tokyo
The Fujisawa SST Council recently held a grand opening ceremony for Fujisawa Sustainable Smart Town, an eco-friendly and progressive community located on the outskirts of Tokyo. FSST Council, the developer of the project is a consortium led by Panasonic Corporation.