News
Jordan’s Highest Residential Tower Tops Out
Jordan’s future tallest residential tower is well on its way to completion, with developer DAMAC Properties announcing the topping out of the 36-story The Heights.
MARKET SNAPSHOT: Absorption in Cincinnati Expected to Reach 14-Year High as Manufacturing Booms
The City of Seven Hills is witnessing a surge in manufacturing positions that is translating to heightened employment overall and a sustained demand for rental units.
Corvias to Develop Student Apartments for Alabama College of Osteopathic Medicine
Corvias Campus Living, the new student housing division of Corvias Group, will build and manage three 30,864-square-foot residential apartment buildings for the Alabama College of Osteopathic Medicine.
Economy Watch: ADP Says Sandy Put Dint in Hiring
Automatic Data Processing, which prepares hiring numbers in cooperation with Moody’s Analytics every month, said that the U.S. private sector created 118,000 jobs in November, a drop from the 157,000 the company reported in October.
Riverstone Residential Group Announces Senior Vice President Appointments
Riverstone Residential Group, a privately owned, third-party multifamily property management company, announced the appointments of two key leadership associates, Lesa LaRocca and Mark McElvain, ARM, CPM.
TODAY’S DEALS: Manhattan High-Rise Lands $130M Refi
HFF arranges $130 million for a high-rise in New York; AIMCO breaks ground on a $32.6 million renovation in California; and Berkadia identifies the best lending source for a Texas community.
Washing & Drying
Helpful products to reduce hassle for residents and property managers in the laundry room.
On Location: Reserve at Creekside, Chattanooga, TN
The Reserve at Creekside, managed by Hawthorne Residential Partners, has introduced a new level of apartment community living in Chattanooga.
Payment Processing, Present and Future
Companies explore mobile and other processes for accepting rent.