News

Finance: Year in Review

Multifamily continued to be favored in 2013, but are there signs of moderation?

Products & Services: The Spin on Laundry

Technology enables better revenue and maintenance management

Renters’ Choice: Party Time

How do residents feel about outreach programs and community events?

SPECIAL REPORT: Development and Design Trends that Drive Occupancies

By Keat Foong, Executive Editor New York—What type of apartments do Echo Boomers want to live in? Some developers have the answer down to a science. At an October 9 panel discussion presented by MHN, an architect, investor and developer shared what they know about the development and design features that drive occupancies in apartments today. The event was held at the Manhattan showroom of Interface which sponsored the event in partnership with Universal Fibers. Among the apartment elements cited as important, or even critical, for attracting the Gen Y target market are: a low-rise, walkable, urban location; boutique hotel-level…

Passco Buys Raleigh Apartments for $31M

Passco Cos. has acquired Wakefield Glen Apartments, a 246-unit property in Raleigh, N.C., for $31 million.

Enterprise Introduces New Fund for Affordable Housing Investment

Enterprise Community Investment has revealed its new fund, the Enterprise Housing Partners 24 Fund, which aims to streamline the investment process of developing affordable housing nationwide.

TODAY’S DEALS: Harbor Group International Sells Nashville Community

HGI completes a $57 million sale; Home Properties acquires a Nashville apartment; and NorthMarq negotiates a $4.7 million refinancing loan from a life company.

TriGranit Completes 344KSF Krakow Office Complex, Announces Additional 323KSF

TriGranit has announced the successful completion of Building D in the Bonarka 4 Business (B4B) complex, closing the project’s first stage of development.

Progress Student Living Developing Student Housing Near UNC-Wilmington

Construction is underway on Progress910, a 528-bedroom, 168-unit luxury student housing community situated near the campus of the University of North Carolina Wilmington.

Economy Watch: Retail Sales See November Gain

U.S. retail sales edged up 0.7 percent in November compared with October, the Census Bureau reported.