News

Modern Spaces Launches Sales at FIVE FortyOne In Long Island City

The official launch of sales has taken place at FIVE FortyOne, a luxury boutique condominium in Long Island City.

Economy Watch: Euro Zone Growth Stagnates in Q2

Eurostat, the statistics arm of the European Union, reported that gross domestic product in the euro zone (the 18 nations that use the common currency) neither grew nor contracted in the second quarter of 2014 compared with Q1.

INNOVATIVE Restructures to Create Additional Focus on Conventional Multifamily Communities, Hires Dana Caudell

INNOVATIVE Real Estate Companies has restructured to create additional emphasis on conventional multifamily in addition to student housing. INNOVATIVE’s principals—Doug Sherman, Michael Augustine and Jared Miller—are positioning the company for a period of strong growth in both sectors.

Bozzuto Communities Named Best Apartments in NY and Arlington, Va., says J Turner Research

Bozzuto Management Company, a Greenbelt, Md.-based residential property management company active throughout the East Coast, announced that Bozzuto communities were named as the “Best Property” in two of the largest and most competitive markets in the country – New York and Arlington, Va.

Local Content is Key, According to New Guide Released by For Rent Media Solutions and Homes.com

For Rent Media Solutions™ and Homes.com® have released the “Rise to the Top: Be the Local Expert” guide to help real estate and multifamily professionals better understand what being a “local expert” in their communities entails.

Rich Davis joins Multi-Housing News as Advertising Director

Multi-Housing News is proud to welcome Rich Davis as the newest addition to the team.

American Standard Expands U.S. Design Team with Addition of Three Experienced Creative Pros

As part of its ongoing effort to expand and enhance the role of design across its key business processes, American Standard Brands recently welcomed three additions to the company’s design team.

Lifescapes Completes Vegas-Style Apartment Rooftop in SoCal

Lifescapes International has completed a one-acre rooftop design at the Marke, a new apartment property in Orange County developed by Lyon Communities.

18 Park Now Displaying Andrew Zuckerman Art

The KRE Group and Ironstate Development Company have announced that their development 18 Park in Jersey City, N.J., is now displaying the work of renowned photographer Andrew Zuckerman in its lobby and other amenities spaces following the purchase of four of the artist’s works.

TODAY’S DEALS: Miami’s Surf Club Four Seasons Lands $290M Construction Loan

HFF arranges financing for a Miami condo/hotel development via Blackstone; Berkadia provides a $56.5 million acquisition loan; and Walker & Dunlop provides $33.4 million for a student housing acquisition in Orlando, Fla.