News

California Buyer Acquires Third Louisville Apartment Complex

Steadfast Income REIT Inc. has acquired Renaissance St. Andrews Apartments, a garden-style residential property in Louisville, Ky.

Astoria Condos Sell Out

In a bit of news that used to be common in the New York market, but which is now not quite so ordinary, a condo development is reporting that it’s sold out.

New Apartments Add to Norwest Woods' Success Story

Chestnut Hill Realty has added 54 new one-bedroom apartments to Norwest Woods. The new apartment homes represented almost 10 percent of all new apartments built last year in the Greater Boston area.

Economy Watch: Employment Picture Improved in '11

Initial unemployment claims for the week ending Feb. 25 edged down 2,000 to 351,000, according to the U.S. Department of Labor.

Gordmans Unveils New Stores in Farmington and South Jordan

By Alex Girda, Associate Editor Gordmans unveiled a pair of new locations on March 15 as part of a major expansion in the Intermountain West region. The Omaha, Neb.-based discount retailer opened 50,000-square-foot stores at the Station Park retail center in Farmington and at The District in South Jordan, eight days before an official grand […]

TODAY'S DEALS: EdR to Develop Off-Campus Housing in Downtown Phoenix

EdR begins a joint venture development in Phoenix; Holliday Fenoglio Fowler transacts and arranges financing for a Houston asset; and Meridian Capital negotiates New York City financing with interest rates in the 3 percent range.

Penthouse Condos Selling Quickly at 40 Park

Two penthouses have recently been sold at 40 Park, a luxury condominium community managed by Roseland Property Company in Morristown, N.J.

Social Media Damage Control

Manage your property’s social media reputation before it takes a bite out of the bottom line.

Grace Hill Inc.’s Spanish-language Course Catalog Grows

Grace Hill Inc., a provider of online education and learning management systems for the multifamily housing industry, announced that its Spanish-language course catalog continues to grow and evolve to meet the education needs of its customers and property management professionals.

EPA Recognizes Transwestern With 7th Consecutive ENERGY STAR® Sustained Excellence Award

The U.S. Environmental Protection Agency (EPA) has awarded Transwestern a 2012 ENERGY STAR Sustained Excellence Award in recognition of its continued leadership in sustainability practices and reducing overall energy consumption at its managed properties.