News
Economy Watch: Moderate Cheer About Europe, For the Moment
Word is that the latest idea to fend off Europe’s woes is the sooner creation of the European Stability Mechanism, which would be a permanent successor to the European Financial Stability Facility.
Inland Empire Apartment Market Will Continue to Prosper
California’s Inland Empire, an area hit particularly hard by the Great Recession and its aftershocks, is seeing an intensification of demand for rental properties, according to a new report by real estate investment specialist Marcus & Millichap.
Changing Manhattan's Skyline: NY's Newest, Tallest Residential Building
Manhattan is world-renown for its skyscrapers. And now the tallest residential building is almost complete. Extell Development Co. announced that sales have started for ONE57, a 90-story glass tower, which will rise 1,000 feet above Midtown Manhattan.
Today's Deals: JV Lines Up Funds for Bethesda Mixed-Use Development
Northwestern Mutual funds a joint venture mixed-use development; The Praedium Group and Hamilton Zanze & Company sell a Colorado asset; and HFF closes REO sale of Veranda Park in Orlando, Fla.
Peerless Lighting Introduces Innovative Origami Luminaries
Origami luminaries from Peerless Lighting combine advanced lighting optics with the aesthetics of the ancient art of Japanese paper folding. The fixtures offer an efficient illumination solution for lobbies, common areas and modern unit interiors.
Apartment Property Insurance Goes on the Upswing in 2011
A year can make quite a difference, and it has in the National Multi Housing Council’s annual Apartment Cost of Risk Survey. As per the study’s results, the cost to insure apartment properties increased from 2010 to 2011, going up 1 percent.
Humphreys & Partners Expanding in Pacific Northwest
Humphreys & Partners Architects LP has hired Carl J. Colson, an architect with 33 years’ experience, as regional director to launch an office in Seattle.
RentSentinel Launches New Social Product for Multifamily
RentSentinel, a provider of apartment marketing management software, recently launched Social. The new product gives leasing agents the ability to manage social media sites from the RentSentinel platform.
PROFILE: Rosen Partners LLC
Dan Rosen, managing director of Rosen Partners LLC, believes there is one winning strategy in developing multifamily housing, whether for-sale or for-rent.
Economy Watch: Strong Medicine For the Euro-Zone, But S&P Is Skeptical
Looking to shore up the wobbly euro, French President Sarkozy and German Chancellor Merkel told the rest of the euro-zone governments that it was time to accept more centralized control of fiscal policy, or else.