News
Manhattan Condos Sell at Frenetic Clip
As a measure of the revived (and accelerating) demand for condos in Manhattan, 182 West 82nd Street is more than half sold after a month on the market.
TODAY’S DEALS: Berkeley Point Lands $28.5M for Washington Apartment Refinance
Berkeley Point Capital refinances a community in Lakewood, Wash.; Cornerstone closes its third affordable housing fund; and IPA brokers a 220-unit sale in Dallas/Fort Worth.
Laramar Group Acquires Suburban Chicago Townhomes
National real estate investment and management company The Laramar Group has acquired Highcrest Townhomes in the southwestern Chicago suburb of Woodridge, Ill.
Economy Watch: Oil Production, Consumption Patterns Seeing Radical Shifts
Improved extraction technology and higher prices are opening up new oil resources, but that doesn’t mean the world is on the verge of an era of oil abundance, according to the International Energy Agency’s 2013 edition of World Energy Outlook.
Stonemark, 29th Street Capital JV Acquires 250-Unit Community in Arlington, Texas
A Stonemark Equities and 29th Street Capital joint venture has acquired Southern Hills Apartment Homes in Arlington, Texas.
Executive Insight: Q&A: Building Boom
Related Development CEO Steve Patterson weighs in on the return of Florida development markets.
Enterprise CEO Terri Ludwig Wins Female Innovator of the Year
Terri Ludwig, president and CEO of Enterprise Community Partners Inc., was honored with a Gold Stevie® Award as Female Innovator of the Year at the 10th annual Stevie® Awards for Women in Business.
MetLife, Partners Sell Two Illinois Apartments
Woodlands of Crest Hill, a 730-unit apartment property in Crest Hill, Ill., and the Fountains at Stone Crest, a 400-unit apartment in Westmont, Ill., have traded hands.
Special Report: The Importance of Analyzing Utility Data
Do you know which of your properties is the biggest energy hog? In a recent webinar titled “Unlocking the Value of Utility Analytics, Benchmarking and Big Data,” panelists from NWP and Greystar discuss the importance of analyzing utility data to reduce costs throughout apartment communities.
Braxton Development, Sterling Development and Baledge Team On Opening of Luxury Apartments in N.D.
Braxton Development, Sterling Development and Baledge LLC have opened Sierra Ridge Apartment Homes, a 278-unit Class A community in Dickinson, N.D.