News
Tavivian Sporn to Handle Exclusive Leasing at 15 West 55th, 70 West 45th
Assa Properties has selected the Tavivian Sporn Team at Douglas Elliman Real Estate to handle exclusive leasing for new inventory at 15 West 55th Street and 70 West 45th Street in Manhattan.
Economy Watch: Housing Price Appreciation Slows
S&P Dow Jones Indices reported that its S&P/Case-Shiller Home Price Indices were up 13.5 percent and 13.2 percent year-over-year, respectively, for its 10- and 20-city composite indexes in January.
MHN Interview: Kelly Osburn, Market Leader of Multifamily at BSB Design
Kelly Osburn now directs all the business activities of the Multifamily Group within BSB Design for marketing, operations, financial performance and growth. His multifamily experience includes over 20 years of hands-on involvement with all levels of multifamily rental product, a detailed understanding of density and its impact on product design, rental community club facilities, government housing programs, and high density urban infill projects. Osburn’s extensive and varied experiences have provided him with strong knowledge in multifamily project development, site evaluation and the supervision and management of project management teams. Osburn spent more than 20 years at Humphreys and Partners Architects….
MARKET SNAPSHOT: Smooth Sailing in Florida as Apartment Prices Continue to Rise
Debt and equity sources, along with wealthy individuals, actively continue to seek deals for individual units and entire projects. Increased competition is pushing down yields, especially in Miami due to a rising number of foreign investors.
Israeli Investor Clal Buys NJ Apartment Property
Clal US Waterton Associates have acquired Infinity Apartments, which is on Old River Rd. in Edgewater, N.J., for $48 million.
Gilbane Breaks Ground on New Student Housing in Ames, Iowa
Gilbane Development has announced that it has officially entered the Ames, Iowa student housing market with the ground breaking of 23 Twenty Lincoln, a 320-bed student community that will serve the student population of Iowa State University’s campus in Ames.
Summer is Coming, Upgrade Your Grilling Game Now
Grilling is a great way to get your community interacting. A new line of ultra premium grills from Viking are sure to make your outdoor space the envy of the submarket.
TODAY’S DEALS: AEW Secures $35M Refinance on Hoboken Apartment Community
HFF arranges a refinancing for AEW Capital Management; NorthMarq arranges a $32 million refinance for infill apartments in San Francisco; and Beech Street closes a $7.4 million loan for a Sacramento-Area acquisition.
Jonathan Rose Companies Developing Mixed-Use Community in South Orange, N.J.
Jonathan Rose Companies is developing Third & Valley, a 215-apartment, mixed-use community in New Jersey’s township of South Orange Village.
Yardi Division Lending Energy Management Perspective to Green Real Estate Conference
Yardi announced today that its expertise in energy management will help this month’s Green Real Estate Conference showcase the economic, environmental and competitive advantages of greening buildings.