News
Williamsburg Adaptive Reuse Near Completion
The Williamsburg neighborhood of Brooklyn has been a residential hotspot for some time now—ever since Brooklyn was discovered by hipsters and people tired of paying Manhattan rents—and the latest of a swarm of recent residential developments, 172 North 10th St., is nearly finished. The project is an adaptive reuse.
Economy Watch: Home Prices Rises Slowing Down
According to the latest S&P/Case-Shiller Home Price Indices the 10-city and 20-city composite indexes were up 10.8 percent year-over-year in April.
TODAY’S DEALS: Pegasus Investments Closes $7.4M Denver Multifamily Buy
Pegasus Investments closes a $7.4 million Denver buy on behalf of a high net worth family; Pathfinder Partners wraps up an opportunistic play with a $1.9 million sale in Pheonix; and NorthMarq Capital completes three multifamily transactions totaling $58.1 million on behalf of one borrower.
Urban Garden Unveiled at Rehabilitated Affordable Housing Buildings in Bronx
The New York City Department of Environmental Protection, Workforce Housing Group, Grow NYC, Banana Kelly Community Improvement Association, the Department of Housing Preservation and Development and other partners recently unveiled Kelly Street Green urban garden, which marked the final component of an extensive rehabilitation of five Bronx buildings.
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.