News
Is Your Apartment Like 'The Avengers'?
Surprisingly, there is a lot developers and property managers can take from the superhero flick ‘The Avengers.’
TODAY'S DEALS: Vesper Completes 644-Bed Student Housing Acquisition
Vesper Holdings buys a student housing asset serving the University of Oklahoma; Marcus & Millichap completes a $29.5 million sale in Wisconsin; and Transwestern arranges the sale of a distressed 1,038-unit portfolio by the lender.
PROFILE: Kenneth Young Center
The Kenneth Young Center could be a typical non-profit services company that developers so often rely on to handle the social services aspects of their affordable housing developments.
GHC Housing Partners Closes on Virginia Affordable Property
Sherman Oaks, Calif.-based GHC Housing Partners has closed on Essex Village, a 496-unit family and seniors property in Richmond, Va.
Rick Lazio Joins Jones Walker
Rick Lazio, former U.S. Representative from New York, has announced that he is joining the law firm of Jones, Walker, Waechter, Poitevent, Carrere & Denegre LLP as a partner and will head the firm’s first New York office.
Report Sees Greater South Atlantic Development Opportunity
Construction activity slumped markedly during the recession, resulting in good near-term opportunity for increased building of multifamily housing in every state.
Economy Watch: Employment Disappoints in a Big Way
The headline numbers for the latest monthly employment report were an anemic addition of 69,000 jobs to the U.S. economy in May and an uptick in the unemployment rate to 8.2 percent, the first increase after months of declines.
New 363-Bed Dormitory Announced Near UMKC and Rockhurst; Glimcher Realty Trust Expands Portfolio in Leawood
By Gabriel Circiog, Associate Editor The Diocese of Kansas City-St. Joseph plans to construct a 363-bed dormitory targeting the students of Rockhurst University and the University of Missouri-Kansas City, the Kansas City Star reports. The former St. Francis Xavier School, on Troost Avenue, which has been empty since 2009, will be demolished to make way […]
Work Begins on Housing for the Disabled in Orange County
Ground has been broken for Vista Del Rio, a 41-unit affordable housing property in Santa Ana, Calif., a city in Orange County.
TODAY'S DEALS: Luxury Asset Breaks Ground at the University of North Texas
A new student housing development breaks ground at the University of North Texas; Beech Street closes a Fannie Mae loan for a 144-unit Bronx asset; and Jones Lang LaSalle completes a $28.5 million sale.