News
Affordable Housing Community to be First New Construction of Apartments in Ewing Township in 40 Years
The Gardens at Birmingham, a planned 48-unit affordable housing community in Ewing Township, N.J., was awarded Federal Low Income Housing Tax Credits by the New Jersey Housing & Mortgage Finance Agency.
Berkeley Point Capital Hires Damon Khouri as its Chief Information and Technology Officer
Damon Khouri recently joined Berkeley Point Capital LLC as its chief information and technology officer.
Passco Adds Another Senior Executive to Management Team
assco Companies LLC announced today that Darryll Goodman, a 25 year real estate industry veteran, has joined the company as vice president.
MAA Acquires KC Apartment Property
MAA has acquired Market Station, a mid-rise apartment property in the River Market area of Kansas City, Mo., for an unspecified price.
Economy Watch: Construction Spending Drops Slightly
The Census Bureau reported on Monday that U.S. construction spending edged down 0.6 percent in August compared with July, with both private and public construction spending off a bit.
Editor’s Note: What’s Trending Now
Site tours are always educational and frequently fun. That’s why I gladly accepted an invitation to spend a few hours at Via Verde (“The Green Way”), a new affordable multifamily development in the up-and-coming Melrose Section of the Bronx. Co-developed by Phipps Houses and Jonathan Rose Companies, in partnership with Dattner Architects and Grimshaw, Via Verde has been designed to exceed LEED Gold Certification.
MHN Interview: The Legal Side of Utility Management with NWP’s Deputy General Counsel
NWP Services Corporation, a provider of utility management, resident and property-operation services, recently appointed W. Michael Semko to deputy general counsel. MHN talks with Semko about his new position and his thoughts on utility management.
Danbury Apartment Community on the Market
Brookview Commons, an 80,340-square-foot multifamily community located in downtown Danbury, Conn., is on the block.
TODAY’S DEALS: Bascom Completes Colorado Sale with Help from ARA
ARA represents Bascom in a $42.3 million sale; NAI Hunneman brokers a Massachusetts transaction; and Aries Capital provides a $3.3 million loan.