News
Jefferson and JAG Develop Luxury Apartments in Tampa
Jefferson Apartment Group and JAG Management Company have opened its latest development, Jefferson Westshore, 246 luxury apartments in Tampa, Fla.
Add Visual Value to Your Next Community with Hassle-Free PVC Trim
A well-done trim job can make any boring apartment unit just a bit more appealing for renters. The same is true for the exterior of a garden-style of mid-rise wood-built community.
NWP Announces ENERGY STAR® Portfolio Manager Upgrade for Utility Smart
NWP Services Corporation announced their recently upgraded ENERGY STAR Portfolio Manager interface.
Economy Watch: Total Existing-Home Sales Dropped
The National Association of Realtors reported that total existing-home sales dropped 1.2 percent in June to an annualized rate of 5.08 million units—including single-family, condos, co-ops and townhouses—from a downwardly revised 5.14 million units in May.
Passco Acquires $28M N.C. Community
Passco Companies LLC has made a $28 million acquisition. The company acquired Encore at the Park, a 280-unit community one mile from North Carolina’s Research Triangle Park in Durham, N.C.
JV Acquires Three Student Housing Properties
A joint venture between Scion Group and Virtus Real Estate Capital has a acquired a portfolio of three student housing properties totaling 2,360 beds in 628 apartment units.
Economy Poised for a Stronger Second Half of 2013
The ongoing housing recovery coupled with improvement in both consumer confidence and the labor market are expected to boost economic growth in the second half of the year, according to Fannie Mae’s Economic & Strategic Research Group.
TODAY’S DEALS: Harbor Group Sells 430-Unit Asset in Virginia Beach
ARA brokers a 430-unit sale; and Marcus & Millichap Capital Corp. arranges a $8.4 million refinancing for a mid-rise in Los Angeles.
112 NJAA Members and Guests Hit the Greens for Fun and Charity
112 New Jersey Apartment Association members braved record breaking heat and humidity to attend the NJAA Charitable Fund’s (Charitable Fund) annual golf tournament at Fiddlers Elbow Country Club in Bedminster to benefit its Charitable Fund’s Scholarship Program and Annual Children’s Holiday Party.
Sales Underway at The Leonard in Northeast Tribeca
Sales have begun at The Leonard, a boutique condominium in a 109-year-old neoclassical building in New York City’s Tribeca.