News
Industry Veteran Joins NAI Robert Lynn Fort Worth as Executive Vice President
The NAI Robert Lynn Fort Worth office recently hired Kornel Romada as executive vice president.
Pennrose Senior Development Awarded LEED Silver Certification
Pennrose, a Philadelphia-based real estate development company, achieved LEED Silver certification by the U.S. Green Building Council for its Neston Heights Senior property, located at 210 Jones Houston Way in Easton, Pa.
Economy Watch: Income, Spending Rise in September
Despite the inclement weather along the eastern seaboard, the Bureau of Economic Analysis published new statistics on personal income and spending on Monday, and they were better than expected.
Fight the Three ‘S’s’ of Winter with HeatTrak
Give your residents and maintenance team an early holiday gift with HeatTrak. These electronically heated mats will take the shoveling, salting and slipping out of winter this year.
DelShah to Take 22 Renwick to Completion
DelShah Capital LLC has acquired the mortgage debt at 22 Renwick St., a 19-unit condo property with one floor of commercial space.
Rehabilitation Complete on Cow Bay Apartments in Port Washington, N.Y.
A celebration was held October 16 to mark completion of the $7.8 million rehabilitation of Cow Bay Apartments, an 88-unit affordable housing community in Port Washington, N.Y., on Long Island’s North Shore.
Home Properties Breaks Ground on Pennsylvania Luxury Community
Home Properties Inc., a publically traded REIT with properties in the Northeast and Mid-Atlantic markets, announced that ground has been broken on The Courts at Spring Mill Station in Whitemarsh Township, Conshohocken, Pa.
Economy Watch: 3Q GDP Surprises Slightly on the Upside
The Bureau of Economic Analysis reported on Friday that U.S. real gross domestic product increased at an annualized rate of 2 percent during the third quarter.
SPECIAL REPORT: Gangbuster U.S. Economy Not Expected Until 2014
Strong economic growth will not return to the U.S. until 2014, forecasted Asieh Mansour, real estate economist and head of Americas Research for CBRE Inc.