News
Guardian Announces Merger
Guardian Real Estate Services and Legacy Management Group recently announced that both companies have approved a definitive merger agreement in which Guardian will operate all of Legacy Management Group’s multifamily properties located in Washington, Oregon, Texas, Arizona, Utah and Alaska.
San Jose’s Cypress Gardens Re-opens Thanks to HACSC
The Housing Authority of the County of Santa Clara has rehabilitated and upgraded the 125-unit senior citizen housing community, Cypress Gardens, in San Jose, Calif., thanks to a creative partnering of public and private parties.
MHN Excellence Awards Deadline is Extended Until July 9!
Now you can do the whole process online—including payment!
TODAY’S DEALS: CBRE Purchases 350-Unit Asset in Colorado
CBRE Global Investors buys a 350-unit asset; Kennedy Wilson acquires a SoCal property for $43.7 million; and investors show high level of interest in a Transwestern-brokered Dallas property sale.
WNC Hires Steve Huang as Chief Information Officer
WNC, a national investor in community renewal and affordable housing projects, has hired real estate technology veteran Steve Huang as its chief information officer.
$22 Million Investment for Boston Transit-Oriented Development
Tremont Realty Capital, a national real estate investment and advisory firm, recently secured funding for the acquisition and development of Metro at Wilmington Station.
Maryland Multifamily Project First to be NGBS Silver Certified
The Haven at Odenton Gateway has obtained a National Green Building Standard silver certification for a multifamily project. It’s the first development in the state of Maryland to earn such a certification.
Two-Day Art Sale and Celebration at Premier Midtown Condominium Raises Over $250,000 to Support Fight Against AIDS
More than 250 art enthusiasts recently visited the 60th floor penthouse at 400 Fifth Avenue, the luxury condominium tower atop The Setai Fifth Avenue, to celebrate art and make a difference in the fight against AIDS.
KBS Legacy Partners Purchases Chicago Suburban Property
New apartment community supply has been constrained in and near the Chicago suburb of Lombard, Ill., in recent years. That made Martin’s Point an attractive acquisition target for KBS Legacy Partners Apartment REIT.
Special Report: Virginia Tech Goes to Germany (Part 3)
Part 3: Affordable/Workforce Housing History Lesson.