News
PROFILE: Corporate Housing Firm Connects Luxury Condo Owners to Extended-Stay Market in New York City
Companies today are eager to hire temporary workers. And that is a boon for the corporate housing sector, says Suzanne Miller, president of Empire State Properties.
TODAY’S DEALS: Cohen Financial Arranges $2.2M Life Company Loan for Michigan Property
Cohen Financial secures a $2.2 million refinance for The Abbey Apartments; and Boston Capital invests in an affordable multifamily community.
Bijou Properties, Intercontinental Break Ground on New Development
Ground has broken on an $83 million luxury multifamily project in Hoboken, N.J., via a joint venture between Bijou Properties and Intercontinental Real Estate Corp. The project, 900 Monroe, is located next to the 9th Street Light Rail Station.
Leasing Starts at Naftali Group Apartments in Brooklyn
Leasing has started at the Bergen, an 84-unit apartment community at 316 Bergen Street in Boerum Hill neighborhood of Brooklyn.
Campus Advantage on Growth Spurt With Five Acquisitions This Year
Campus Advantage has acquired five additional student housing properties since the beginning of this year, helping solidify the Austin-based company’s already significant standing in the nation’s student-housing industry.
SyndicIT Announces Expanded Offerings with Hewlett-Packard’s Managed Print Services and HP FLOW CM Digital Document Management for Multifamily Real Estate Operations
SyndicIT Services today announced an expansion of its product offering for multifamily real estate owners, operators and fee managers.
Ellis Partners in Management Solutions and Grace Hill, Inc. Announce Strategic Partnership
Ellis Partners in Management Solutions (Ellis), a feedback company for the multifamily industry, and Grace Hill, Inc. (Grace Hill), a multifamily industry online education and learning management solutions company, announced a strategic partnership.
ULI Spring 2014: Smart Moves for Smart Capital
While institutional capital isn’t necessarily known for its flexibility and innovation, an environment of accelerating change in business conditions has some companies adjusting their strategies for securing high yields while minimizing risk.
Economy Watch: Initial Unemployment Claims Lowest in Seven Years
For the week ending April 5, initial unemployment claims came in at 300,000, a sharp decrease of 32,000 from the previous week’s revised level, according to the U.S. Department of Labor.
ULI Spring 2014: The Business Case for Resilience
As the frequency and intensity of catastrophic natural disasters increase, the real estate community has shifted a focus on how to build and retrofit cities to withstand their impacts.