News

Mack Urban, Mill Creek Break Ground on $50M Playhouse District Project

A joint venture between Mack Urban and Mill Creek Development Company, including equity partner Cigna Investment Management, has announced it is breaking ground on a new $50 million, mixed-use, luxury community in the city’s historic neighborhood.

Economy Watch: Federal Deficit Continues to Drop

The federal government’s budget deficit dropped sharply in the first seven months of fiscal 2014 (beginning Oct. 1, 2013), according to a report by the U.S. Department of the Treasury.

Carnegie Joins Permanent Collection at Smithsonian Cooper-Hewitt National Design Museum

The family-owned textile manufacturer has been going strong since it opened its doors in the 1950s, and now the team has achieved another level of design excellence.

William Neville & Sons Begins Construction on New Westchester County Condos

Work has started on the Cambrium, a new-construction condo development at 10 Bryon Pl. in Larchmont, N.Y.

Mack Urban Launches Multifamily Management Affiliate–Mack Urban Communities

Mack Urban, a partnership between New York’s Mack Real Estate Group and Los Angeles based Urban Partners LLC, announced today the launch of Mack Urban Communities, a new affiliate specializing in residential property management and leasing.

TODAY’S DEALS: Resource Real Estate Acquires Plano Apartment Asset

Resource Real Estate Opportunity REIT Inc. buys a 142-unit community in Plano, Texas; Cushman & Wakefield arranges $19.6M in acquisition capital for LCB Senior Living; and IPA brokers the sale of a 60-unit property in Culver City, Calif.

‘What Renters Want’ with Jessica Fiur: A Reminder About the Importance of Community Safety Procedures

In the event of an emergency, does your apartment staff know the procedures to get residents to safety?

Related Beal Appoints John ‘Ted’ Lubitz Vice President

Related Beal announced it has appointed John “Ted” Lubitz as vice president.

Jasper Venture Group to Convert Queens Hospital to Condominiums

New York-based Jasper Venture Group has announced its plans to convert the vacant Parkway Hospital site in Queens’ Forest Hills neighborhood to luxury condominiums. The site features 107,142 square feet and a parking lot.

Construction Ongoing on Nadel Architects-Designed L.A. Development

The Millennium Woodland Hills, a 395-unit multifamily development in the Woodland Hills, Calif., Warner Center neighborhood, is under construction.