News

Today's Deals: 9-Unit Manhattan Condo Hits Market for $22.8M

A newly constructed Manhattan luxury condo hits the market; Centerline Capital Group provides financing for two Chicago properties; and Alliant refinances a 20-unit property for $1.88M and 4.74 percent interest rate.

Something for Everyone

Industry experts highlight markets on the rise. Find out whether they think there are any to avoid.

Getting Apartments to 'Wow!'

To attract residents in today’s competitive rental market, create design ideas that sell.

McKinley Hires New VP

McKinley announced that Kristin A. Berg has joined McKinley as VP & managing director of Residential Asset Management.

Kirk Sykes Named Chairman of the Federal Reserve Bank of Boston Board

New Boston Fund Inc., a private equity real estate investment, development and management firm, announced today that Kirk Sykes, president of New Boston’s Urban Strategy America Fund, has been appointed chairman of the board of directors for the Federal Reserve Bank of Boston for 2012.

D.C. Development to Define Fort Totten Neighborhood

A new mixed-use apartment community planned for Washington, D.C.’s Fort Totten neighborhood promises to bring to the urban enclave much needed workforce housing, local retailing and a stronger sense of neighborhood identity.

Economy Watch: Home Prices Edge Down

The housing market still has that sinking feeling, with the latest Standard & Poor’s/Case-Shiller indexes describing downward movements in prices in almost all major U.S. markets in October.

$60M Adaptive Reuse Project Kicks Off in N.J.

An industrial facility in the Garden State that first opened its doors in 1897 will soon be reborn as a modern multifamily destination now that Prism Capital Partners LLC has broken ground on the first phase of The Parkway Lofts.

Today's Deals: Essex Realty Group Sells Skokie Apartment

Essex Realty Group brokers the sale of a 144-unit asset; Education Realty Trust lands a potential big gig at the University of Kentucky; and SilverLeaf acquires a $17.7 million non-performing condo and retail loan.

Wartburg Puts Financing in Place for Affordable Seniors Housing

Wartburg Adult Care Community has completed the financing for Friedrichs Residence, a four-story building with 61 affordable senior apartments on a 34-acre site in Mt. Vernon, N.Y.