News
Bay Area’s Candlestick Heights to Offer Crucial Affordable Housing
Financing is in place for acquisition and development of Candlestick Heights, a 196-unit affordable rental community just to the west of Candlestick Park in San Francisco.
Economy Watch: Employment Barely Growing Enough to Keep Up
The final monthly employment report of 2012, released by the Bureau of Labor Statistics on Friday, pointed to continuing tepid growth in U.S. employment.
TODAY’S DEALS: Philly Joint Venture Announces a 27-Story High Rise
Wexford Equities and Southern Land Co. announce a Philly development with a 2015 delivery; Steadfast ends 2012 with over $100 million in acquisitions; and Transwestern closed the year with Mid-Atlantic sales totaling nearly $100 million.
Kentucky’s Largest Apartment Community Sold
Park At Hurstbourne, a 689-unit Louisville apartment community recognized as the largest in Kentucky, has been sold.
Nevada Rural Housing Authority’s Senior Residence Fills Big Void in Short Order—100 Percent Occupied within Six Months
The Nevada Rural Housing Authority’s Larios Arms Senior Residence in Winnemucca, Nev., is 100 percent occupied within six months of opening
Selling Spaces
The guidelines for best-in-class leasing offices and model units are changing—are your apartment assets on board?
The Big Three
Multifamily insiders zero in on the most important legislative issues to be tackled in 2013.
Crescent Resources to Build Circle University City
Crescent Resources has begun work on Circle University City, a 546-bed apartment property for students at the nearby University of North Carolina-Charlotte campus. The first of the 187 units will be ready by the start of the fall 2014 semester.
Investment Forecast
With the presidential election over, the apartment industry faces unknowns going into 2013.