News
Home Properties Begins Major Energy Upgrade on NJ Property
Home Properties has hired Lapolla Industries Inc. to implement Lapolla’s Multi-Family Energy Savings Program at the REIT’s Jacob Ford Village in Morristown, N.J.
Consultatio Receives $332M Loan for Oceana Bal Harbour Development
Consultatio has secured a $332 million loan from several banks led by HSBC Holdings to move forward with the ultra-luxurious Oceana Bal Harbour development in Miami’s Bal Harbour neighborhood.
NWP Joins the Expanding MRI Partner Connect Network
NWP Services Corporation, a nationwide leader in resident utility billing, energy management and submetering services to the multifamily industry focusing on optimizing their clients’ utility spend, is the latest addition to the prestigious MRI Partner Connect program.
HUD and Fannie Mae Announce Expansion of Green Preservation Plus
Fannie Mae, with support from the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), today announced the expansion of Green Preservation Plus.
Carnegie Becomes a Certified B Corporation
Textile manufacturer Carnegie announced they have become a Certified B Corporation. B Corp certification is a rigorous third party assessment performed by the non-profit organization B Lab.
Greystone Launches Brooklyn Luxury Apartments
Greystone has launched Printhouse Lofts, a 36-unit luxury rental apartment building in Brooklyn’s Williamsburg neighborhood.
NCC Awarded Construction Contract for 400-Unit Apartment Community in Aarhus, Denmark
NCC Construction Denmark has recently received a SEK 725 million ($115.3 million) construction contract to build an apartment community in Aarhus, Denmark.
Avison Young Secures Major Investment in Germany on Behalf of Canadian Pension Funds, Inaugurates Asset-Management Mandate Outside North America
Avison Young, a Toronto-based commercial real estate services firm has recently advised two Canadian pension funds in the acquisition and financing of a mixed-use, two-building complex in Cologne, Germany.
DAMAC Launches New Phase at Capital Bay and New Property Management Company
DAMAC Properties, one of the largest luxury real estate developers in the Middle East, has announced the release of a new phase at its Capital Bay luxury multifamily project in Dubai’s CBD.
Economy Watch: More Purchase Mortgages Than Refi, First Time in Years
The Mortgage Bankers Association reports the rate of U.S. mortgage applications each week, and it goes up and down according to the vagaries of the economy and interest rates.