News

Carnegie Joins Permanent Collection at Smithsonian Cooper-Hewitt National Design Museum

The family-owned textile manufacturer has been going strong since it opened its doors in the 1950s, and now the team has achieved another level of design excellence.

William Neville & Sons Begins Construction on New Westchester County Condos

Work has started on the Cambrium, a new-construction condo development at 10 Bryon Pl. in Larchmont, N.Y.

Mack Urban Launches Multifamily Management Affiliate–Mack Urban Communities

Mack Urban, a partnership between New York’s Mack Real Estate Group and Los Angeles based Urban Partners LLC, announced today the launch of Mack Urban Communities, a new affiliate specializing in residential property management and leasing.

TODAY’S DEALS: Resource Real Estate Acquires Plano Apartment Asset

Resource Real Estate Opportunity REIT Inc. buys a 142-unit community in Plano, Texas; Cushman & Wakefield arranges $19.6M in acquisition capital for LCB Senior Living; and IPA brokers the sale of a 60-unit property in Culver City, Calif.

‘What Renters Want’ with Jessica Fiur: A Reminder About the Importance of Community Safety Procedures

In the event of an emergency, does your apartment staff know the procedures to get residents to safety?

Related Beal Appoints John ‘Ted’ Lubitz Vice President

Related Beal announced it has appointed John “Ted” Lubitz as vice president.

Jasper Venture Group to Convert Queens Hospital to Condominiums

New York-based Jasper Venture Group has announced its plans to convert the vacant Parkway Hospital site in Queens’ Forest Hills neighborhood to luxury condominiums. The site features 107,142 square feet and a parking lot.

Construction Ongoing on Nadel Architects-Designed L.A. Development

The Millennium Woodland Hills, a 395-unit multifamily development in the Woodland Hills, Calif., Warner Center neighborhood, is under construction.

Economy Watch: Americans Remain Pessimistic About Economy

The Pew Research Center reported that despite falling unemployment and various other improving economic metrics, a recent survey of Americans found that most people are still relatively pessimistic about the state of the U.S. economy, a belief that tends to depress consumer activity.

TODAY’S DEALS: NorthMarq Capital Arranges $58M Bond Financing for Student Housing Located on University of Central Florida

NorthMarq Capital arranges financing for the seven-story NorthView Student Housing; a joint venture closes a construction loan for a luxury condo in Miami; and True North Capital Partners affiliate buys two properties in Massachusetts.