News
The International Well Building Institute Announces the Practitioner Portion of the Peer Review Process for the Well Building Standard
The International WELL Building Institute (IWBI) launched the second phase of the Peer Review process for the WELL Building Standard.
Economy Watch: Federal Deficit Continues to Shrink
The Congressional Budget Office estimated that the federal budget deficit for the fiscal year of 2014 (which ends Sept. 30) will amount to $506 billion, or about $170 billion lower than the shortfall in 2013.
Leasing Begins at Charlotte Student-Housing Project
Leasing has started at a new student-housing property, University House BLVD. The development, which is at the corner of University City Blvd. and Mallard Creek Church Rd. in Charlotte, N.C., is currently under construction, and will open in 2015.
Development Trends in Charlotte: Interview with Marc Robinson of Multi Housing Advisors
The multifamily markets in the southern and mid-Atlantic regions of the country are booming. MHN talks to Marc Robinson, co-founder and co-managing partner of Atlanta-based Multi Housing Advisors, who is overseeing their Charlotte, N.C., branch, about investment and development trends in the region.
Halpern Enterprises to Break Ground On Multi-Use Development
Atlanta-based Halpern Enterprises will break ground on a new 48-acre development that will add 153 single-family homes, a 274-unit luxury rental apartment community and a 47,593-square-foot neighborhood retail center to the Atlanta suburb of Smyrna, Ga.
TODAY’S DEALS: Aragon Closes 850 Unit Purchase in Denver and Orlando
Aragon Holdings buys two communities in Denver and Orlando; Walker & Dunlop structures $72 million in bridge conduit and mezzanine financing for acquisitions; and Crown Realty completes its 10th Phoenix area apartment acquisition since 2010.
JV to Construct First LEED-Certified Community in Park Ridge, Ill.
Trammell Crow Company residential subsidiary High Street Residential and its joint venture partner The Carlyle Group have announced they will construct Park 205, a Class A apartment community in Park Ridge, Ill., an inner-ring northwest suburb of Chicago.
Economy Watch: Home Prices Continue Their Deceleration
The latest S&P/Case-Shiller Home Price Indices, which were released on Tuesday by S&P Dow Jones Indices, show a sustained slowdown in U.S. home price increases.
Work Begins on Affordable Housing Near Albany
Ground has broken on Lion Heart Residences, a 72-unit affordable housing project in Cohoes, a town in Albany County, N.Y.
Bedrock Real Estate Integrates Smart Technology Across Detroit Portfolio
Downtown Detroit’s revitalization is taking a step into the future and companies like Hepta Control Systems and Bedrock Real Estate Services are at the forefront of the transformation of these historic and iconic buildings.