News
The Dolben Company Hires Two Regional Property Managers
The Dolben Company Inc., a full-service Boston-based real estate company, announced that Marie Moraski and Brian Shapiro have been promoted to the role of regional property manager.
Economy Watch: Net Household Worth Highest Ever
The Federal Reserve reported that U.S. household net worth increased in the third quarter, reaching a new high of nearly $77.3 trillion in 3Q13 compared with $75.3 trillion in 2Q13.
Cypress Development Bringing Luxury Green Homes to Scottsdale
Cypress Development has begun construction on the $27.6 million second phase of Sterling at Silverleaf, adding 12 luxury estate villas priced from $2.2 million to the private golf community in Scottsdale, Ariz.
Pathfinder Buys Fractured Condo Project in Seattle
Pathfinder Partners has acquired the remaining unsold inventory of the Florera Condominiums.
TODAY’S DEALS: Harmony, Spy Rock Sell Luxury Apartment in Virginia
ARA brokers a luxury Virginia sale; CBRE/New England arranges a $25.6 million disposition in Massachusetts; and NorthMarq Capital arranges a $22.5 million interest-only Freddie Mac loan for the acquisition of an apartment property.
Housing Trust Group Completes a $13M 63-Unit Affordable Community
Housing Trust Group has completed construction of Pine Run Villas, a $13 million, 63-unit affordable housing townhome-style family rental development located at 4728 Big Ben Lane in Lake Worth.
Shea Properties and Ivanhoé Cambridge Break Ground on Ascent in San Jose, Calif.
Construction is now underway on Shea Properties and Ivanhoé Cambridge’s 650-unit Ascent luxury apartment community in south San Jose, Calif.
Renters Face Affordable Housing Crisis, Harvard Housing Study Reports
Renters are spending more of their monthly incomes on housing than ever before.
Economy Watch: Jobs Created Across Economic Sectors
A number of major sectors of the economy created jobs in November, according to the mostly positive jobs report by the Bureau of Labor Statistics.
MHN Interview: An Affordable Makeover in Hawaii
MHN talks to Stacie Brach, who manages the Western States affordable portfolio in Honolulu for The Michaels Organization, about the logistics such a significant effort entailed and how her “residents first” approach helped.