News

Micro Nano Research Facility at Melbourne’s RMIT City Campus Completed

Construction of the Micro Nano Research Facility at the Royal Melbourne Institute of Technology University City Campus is now completed, according to the contractor.

Borrowers Could Face Difficulty Repaying Home Equity Loans

Now that borrowers have to start repaying home equity lines of credits, lenders are fearing a wave of defaults.

The Michaels Organization Educational Foundation Honors Scholarship Recipients

The Michaels Organization Educational Foundation recently held a ceremony at Delgado Community College in New Orleans to honor six residents of The Estates community that have been awarded college scholarships from the foundation.

WNC Provides Financing for Baton Rouge Renovation

Renovation is complete at Renaissance Gateway, a 208-unit affordable apartment community in Baton Rouge.

Economy Watch: Housing Starts Spike in July

U.S. housing starts jumped in July compared with June, according to the Census Bureau, a reversal of the preceding months, which have been generally sluggish for housing starts.

Abandoned Massachusetts Factory to Become Affordable Housing

Work is under way to convert an abandoned factory building in Worcester, Mass., into a 94-unit affordable housing development.

TODAY’S DEALS: West Houston Apartment Community Trades Hands

TA Associates completes its disposition of the 300-unit Cinco Ranch; Clarion Partners expands in Denver with a 273-unit purchase; and Arbor finances $35.6 million in multifamily deals from North Carolina to California.

Jamboree Housing Reduces Utility Costs Through Efficient Community Design

Jamboree Housing Corporation has reported that it has seen its utility costs drop year-over-year as a result of advanced construction techniques and efficient design in its newer Southern California communities.

WASH Multifamily Laundry Systems Acquires American Meter & Appliance

WASH Multifamily Laundry Systems, a laundry facilities management service company, announced its acquisition of American Meter & Appliance.

Improve Your Lighting and Utility Bill with the First Plug & Play LED Solution

Retrofitting a building’s incandescent or CFL system with LEDs has historically been a work-intensive task. The chore has just gotten a great deal easier thanks to a the first plug & play LED lighting solution from TerraLux Inc.