News
Singapore’s Interlace Apartment Community Wins CTBUH Urban Habitat Award
By Adrian Maties, Associate Editor Singapore—The Council on Tall Buildings and Urban Habitat (CTBUH), a Chicago-based organization, has announced at the end of June the winner of its first ever Urban Habitat Award for The Interlace, a residential development completed in Singapore late last year. The Interlace was developed by CapitaLand Residential, a leading developer in Asia, and Hotel Properties Limited. The designer was by Ole Scheeren, a former partner of the Rotterdam-based Office for Metropolitan Architecture (OMA). The apartment community covers about 1.8 million square feet of land. It features 1,040 two-, three- and four-bedroom units, as well as…
Jefferson Apartment Group Starts Work on Orlando Apartments
Ground has been broken on Artisan 420, a new mixed-use development in downtown Orlando from Jefferson Apartment Group.
Steadfast Apartment REIT Acquires 307-Unit Apartment Community in Indy for $27.9M
Steadfast Apartment REIT has acquired Harrison Place, a 307-unit community located in the heart of Indianapolis, for $27.9 million.
Plainfield, N.J. Affordable Housing Acquired by Tryko Partners
Liberty Village, an affordable housing property in Plainfield, N.J., has been added to the multifamily portfolio of private equity real estate group Tryko Partners.
Real Estate Strategist Richard Gollis Joins Jamboree Housing Corporation Advisory Board
Richard M. Gollis, a co-founder and principal of The Concord Group, has joined Jamboree Housing Corporation’s advisory board.
Historic Indy Building Gets New Facade
The complicated process of renovating the historic Litho Press building in Indianapolis passed another milestone this week with the completed restoration of the building’s façade. Initially planned as a three or four part of the overall renovation, the façade work actually took about six months. When complete, the building will offer 111 apartments and be called 800 North Capitol Apartments.
Economy Watch: Residential Price Increase Continues Deceleration
Trulia reported that in June, U.S. home prices were up 8.1 percent year-over-year, and 2.6 percent quarter-over-quarter, both of which reflect a slowdown in average price increases.
Spend Smarter
Obtain a range of market intelligence with powerful lead management technology.
A Compromise in Cambridge: Public-Private Partnership Results in Affordable Homes
After years of nurturing a controversial affordable housing project through the planning and approval stages, as well as overcoming legal battles and the recession, Lori Cowles finally gets to watch it go up before her eyes in Cambridge.