News
2012 NMHC 50 Names Nation's Largest Apartment Owners, Managers
In a resurgent rental market, the top players are Boston Capital and Greystar Real Estate Partners LLC, according to the National Multi Housing Council’s new 2012 NMHC 50.
Crescent Resources Plans $37 Million Apartment Development in Tampa
Crescent Resources, in partnership with Global Growth Trust, acquired 25 acres in Tampa, Fla., and is set to build a $37 million apartment community called Circle Crosstown.
Economy Watch: ADP Reports Strong Hiring
The ADP National Employment Report, which always comes out two days before the official U.S. government unemployment numbers, said on Wednesday that the American private sector added a net of 209,000 positions in February.
N.C. Affordable Seniors Housing Gets $3.75M Construction Loan
Ardsley Commons, an affordable apartment development for seniors in Locust, N.C., has obtained a $3.75 million construction loan.
Carroll Organization and Praedium Group Acquire Multifamily Property in Houston
Carroll Organization, a multifamily real estate firm focusing on ownership and operations, and Praedium Group, a real estate investment firm, have acquired a 302-unit apartment community in Houston.
Foundry Lofts Blazes Trail on D.C. Riverfront
Foundry Lofts, the first apartment building to debut along the water in Washington, D.C.’s Capitol Riverfront area, is 80 percent leased in just eight months.
New $165 Million Residential Development Announced at Buckley Annex
By Gabriel Circiog, Associate Editor The Department of Defense will transfer the last remaining parcel of land from the site of the former Lowry Air Force Base to the Lowry Redevelopment Authority. Construction work on a $165 million residential development at the Buckley Annex is expected to start this fall, The Denver Post reports. The […]
Are Niche Apartments a Good Thing?
Should apartments be designed with certain features to appeal to specific groups of people?
Yardi Acquires the PopCard
Yardi recently announced its acquisition of Lead Tracking Solutions (LTS), creator of the PopCard™, a patented and complete lead tracking and lead management software solution.
Economy Watch: Not So Fast on That QE3
The Federal Open Market Committee, which released notes from its March 13 meeting on Tuesday, dampened expectations of some kind of QE3 in the not-too-distant future.