News
Urban Land Conservancy Acquires Affordable TOD
The Urban Land Conservancy recently made its largest land purchase and acquisition using Denver’s $15 million Transit-Oriented Development Fund.
TODAY’S DEALS: Venterra Realty Lands Financing for Houston-Area Buy
HFF arranges financing for an acquisition in Texas; Urban Land Conservancy buys land for an affordable TOD in Denver; and NorthMarq Capital arranges a $10.5 million cash-out refinance.
Otis Launches Sustainable Residential Elevator
Apartment builders have a new sustainable instrument in their development toolbox thanks to Gen2 Swtich, a new residential elevator by Otis.
Highrise Apartment Rising in Boston
Work is under way on 120 Kingston St. between the Chinatown neighborhood and Leather District of Boston, which will be a residential and retail building on the site of the former Dainty Dot building.
Steve Yoon Joins Wood Partners as Vice President of Development for Northwest Region
Steve Yoon, a Seattle real estate investment professional with over eight years of experience in the region, has been named vice president of development for Wood Partners’ Northwest Region.
MBA Promotes Ken Markison to Vice President and Regulatory Counsel
avid H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), today announced the promotion of Kenneth A. Markison, Esq., formerly associate vice president and Regulatory Counsel, to vice president and regulatory counsel.
Groveton Green Maryland’s First Gold Certified LEED for Homes
Groveton Green Apartments, a 226-unit luxury apartment community in Owings Mills, Md., has been awarded LEED Gold certification from the U.S. Green Building Council.
Economy Watch: World’s Middle Class to Expand Mightily by 2030
The middle class in the developing world will indeed be developing quite rapidly in the next two decades, according to the United Nation’s Human Development Report 2013.
TODAY’S DEALS: SARES•REGIS Launches Value-Add Fund
SARES•REGIS Group launches a fund targeting western markets; Landmark Apartment trust announces plans to buy management operations of Elco Landmark Residential Housing; and Lee & Associates’ Berzack Group sells a 52-unit asset in Van Nuys, Calif.