News
NMHC Survey Shows Two Continuous Years of Growth for Multifamily
The latest Quarterly Survey of Apartment Market Conditions from the Washington, D.C.-based National Multi Housing Council indicates that improving market conditions continue to be an advantage for the multifamily industry.
Economy Watch: Americans Go on Borrowing Spree
All species of consumer credit increased during the fourth quarter of 2011, according to the Federal Reserve on Tuesday, lending credence to the notion that not only are consumers feeling more confident about the economy these days, they’re backing up that confidence with their wallets.
Behringer Harvard Begins Second Phase of Metro Dallas Apartment Property
Behringer Harvard has broken ground on Allegro II, the second phase of a multifamily rental property the company acquired in December 2010.
TODAY'S DEALS: Boston Capital Closes Tax Credit Fund
Boston Capital closes a $350 million fund, acquires 53 affordable communities; Holliday Fenoglio Fowler lands a marketing contract in Sacramento.
Laticrete Expands Hydro Ban Line of Shower Systems
Laticrete has expanded its offering of pre-formed shower solutions. The lightweight, high-density polystyrene components have a waterproof coating and can be tiled over immediately upon installation.
Investors Circle Over Mixed-Use Chicago Apartment Tower
The right value-add assets in key locations are high on the radar of attracting buyers, as evidenced by investors’ response to downtown Chicago’s River North Park, a 399-unit mixed-use apartment property.
Study Links Troubled NYC Multifamily Housing and Risk of Deterioration of Nearby Buildings
A new study reveals that over-mortgaged and foreclosed multifamily buildings increase the risk of deterioration of nearby buildings and raise costs to New York City private owners.
Economy Watch: Nervousness Grows (Again) About Greece
Greece hasn’t quite signed off on the conditions that would allow it to receive more bailout money and thus pay its near-term bills.
Closings Begin at Luxury Condominiums
Closings have already begun at The Residences at W Atlanta Downtown, which re-launched several months ago. Buyers include cash purchasers, plus end-users and people buying second homes.
New Affordable Community Offers Environmental Benefits
KTGY Group Inc., Architecture + Planning, has announced the opening of a green affordable community called The Crossings on 29th Street in South Los Angeles.