News
New Utility Management Provider Increases Properties' Net Operating Income
Property Solutions International Inc., a provider of property management websites and payments, announced its release of ResidentUtility, a new billing and utility management option for the multifamily industry.
San Luis Obispo Welcomes Green Affordable Housing at The Village at Broad Street
The town of San Luis Obispo recently celebrated the grand opening of a new affordable housing complex known as The Village at Broad Street Family Apartments.
Economy Watch: Study Warns of Adverse Impact of Accounting Rule Change on CRE
A group of CRE and other nonprofit business organizations released a report late last week that asserts that proposed changes to U.S. lease accounting standards would have a detrimental impact on job creation.
TODAY'S DEALS: Related California Breaks Ground on $350M Mixed-Use Asset
Related California begins a mixed-income development; Carroll Organization and Starwood Capital complete a Houston purchase; and NorthMarq arranges a $40 million Fannie Mae mortgage.
After Long Slog, 20 Henry Street Condos on Market
Following a tortured recent history, condo units at 20 Henry Street in Brooklyn Heights have finally gone on sale.
Cooper Square Realty Promotes CPM Sal Schiano to Vice President
Cooper Square Realty, a New York-based property management company, has promoted Sal Schiano, CPM, to vice president.
Renters Savor Condo-Quality Features in Whitehall, Pa.
When development of Horizons at The Village at Whitehall began four years ago, the active adult community was envisioned as a for-sale property. But a funny thing happened on the way to sold-out status.
Briarcliff City Apartments Sold to CH Realty V/Briarcliff LLC; Kansas and Missouri United to Keep Marine Data Center
By Gabriel Circiog, Associate Editor Kansas City Life Insurance Company has announced the sale of its 50 percent interests in a joint venture entity, the Briarcliff City Apartments in Kansas City, Missouri. Located at 3880 N. Mulberry Drive, in the Briarcliff master planned community, just five minutes from downtown, the 263-unit multifamily development was a […]
Rental Tower to Rise in Brooklyn
A new amenity-rich, 50-plus-story rental tower will be constructed in Brooklyn later this year.
Economy Watch: Homebuilding Sees Uptick in January
New home construction gained a little ground in January, according to the Census Bureau, with U.S. builders breaking ground on dwellings at an annualized rate of 699,000 units, up 1.5 percent since December.