News
Sustainable Mixed-Use Building Nearly Complete in Brooklyn’s Brighton Beach Neighborhood
Construction is nearly complete on Bright ‘n Green’s fully-sustainable, six-unit, mixed use community in Brooklyn’s Brighton Beach neighborhood.
Bozzuto and MGL Partners to Develop $75M D.C.-Area Community
Financing has closed and ground been broken on The Frasier, a $75 million apartment project right across the Potomac from Washington, D.C., in Alexandria, Va.
MBA Unveils New Brand Identity
The Mortgage Bankers Association (MBA) revealed a new brand identity, including a new logo, corporate messaging and web and email domains.
11th American Business Awards Recognizes Auction.com’s Online Consumer Real Estate Platform
Auction.com has been recognized a second time this year by The 11th Annual American Business Awards, known as the Stevie Awards.
Economy Watch: Inflation Barely a Whisper
The Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers edged up by 0.1 percent in August compared with July.
APARTMENT MARKET STATISTICS: September 2013
Housing starts in five-plus unit dwellings rose by 25 percent in May 2013 to a seasonally adjusted annual rate of 306,000 units, reports the National Association of Home Builders.
Fannie Mae Says Multifamily Development is Rebounding, But Single-Family Units Still Dominate Rental Market
A decline in home-ownership rates would seem to suggest a boom for the multifamily industry, but a shift in renter preference from multifamily to single-family homes and a growing desire for home ownership may force industry professionals to re-think how they attract the key age group of renters to their communities.
Peak Campus Recognized Amongst Best Places to Work
Peak Campus Management, a fully integrated student housing real estate company, was recognized as part of Atlanta Business Chronicle’s Best Places to Work in the small business category during the 10th Annual Best Places to Work event held September 13 at the Grand Hyatt Atlanta in Buckhead.
Related Companies Names Philippe Visser SVP of Development
Related Companies today announced that Philippe Visser will join Related and the Hudson Yards development team as senior vice president of development.
TODAY’S DEALS: Tucker Development-Led Partnership Closes on $218M Financing for Hudson Lights
Tucker Development-led partnership closes on $218 million in financing for a mixed-use development; HFF provides a development in North Dakota with construction financing; and Colliers sells to properties in Phoenix.