News

i-lighting Offers Easy to Install and Nearly Invisible LED Lighting

A new series of LED lighting from i-lighting™ offers an easy-to-install and nearly invisible solution for under cabinet and under railing lighting.

Corvias Opens Unique On-Post Army Apartments at Fort Meade

Corvias Military Living has opened Reece Crossings, the Army’s first-ever on-post apartments for junior unaccompanied service members in Fort Meade, Md.

Berkshire Communities Property Manager Bradley Roschyk Named Apartment Manager of the Year by National Apartment Association

Berkshire Communities, the property management division of Berkshire Group, announced that Bradley Roschyk, property manager of the Verandas at Timberglen in Dallas has been named the 2014 National Apartment Association’s PARAGON Certified Apartment Manager of the Year.

Yardi Joins BOMA International as a Cornerstone Partner

Yardi, a leading developer of real estate investment management and property management software, announced that it has joined the Building Owners and Managers Association (BOMA) International’s Partnership Program.

Economy Watch: Existing Home Sales Rise, But Still Sluggish

Total existing U.S. home sales rose 4.9 percent to an annualized rate of 4.89 million units in May from an upwardly revised 4.66 million units in April, according to the National Association of Realtors.

CityPlace Mixed-Use Development in Houston to Include 268 Apartments

Patrinely Group, CDC Houston and USAA Real Estate Co. have unveiled their plans for the new CityPlace development, formerly known as Springwoods Village Town Center.

JB Matteson Acquires Mixed-Use Community in Petaluma, Calif.

JB Matteson has announced the acquisition of Theatre Square Apartments in Petaluma, Calif. The 99-unit, mixed-use community was purchased $32.5 million from the original developer.

TODAY’S DEALS: Balfour Beatty, Texas A&M Close $104M for 1,274-Bed Development

Balfour Beatty and Texas A&M kick off a public-private partnership development; Virtú Investments buys 112 units in Colorado; and Eastern Consolidated markets a development site in Long Island City, N.Y.

Strategies for Selling Luxury Condos

Karen Rodriguez of Dorsey Alston Realtors recently led the sales of luxury condos at The Residences at Mandarin Oriental in Buckhead, which is located in Atlanta. MHN talks to Rodriquez about her sales strategies and her predictions for the luxury condo market in Atlanta.

Ideal Properties Group Launches New Luxury Community in Brooklyn

Brooklyn-based Ideal Properties Group is launching a new luxury rental building in the Park Slope neighborhood of Brooklyn.