News
University Student Living Names Jim Malesich Vice President of Finance
Jim Malesich has joined The Michaels Organization as vice president of finance for Michaels’ student housing company, University Student Living LLC.
Strong Buyer Interest Witnessed at M at Englewood South
The new community of upscale condominiums called The M at Englewood South is generating high levels of interest from buyers.
The Future of Rural Rental Housing Finance
Federal budget recommendations and legislative proposals will affect the future of federal financial support for rural affordable rental housing.
Boston Capital Invests in Affordable Multifamily Development for Special Needs Residents
Boston Capital, a real estate investment firm, is investing in the construction of Highland Commons, a 50-unit multifamily affordable housing development for residents in West Allis, Wis.
Coat’N’Cool Reflective Roof Coating Earns Energy Star Rating
Reflective roof coatings are a simple but effective way to reduce energy costs. Four products from Coat’N’Cool were recently awarded an Energy Star Rating for their performance.
TODAY’S DEALS: Kennedy Wilson Acquires Portland Asset for $29.5M
Kennedy Wilson buys a 198-unit community in Portland, Ore.; Red Capital Markets deploys a $6 million bond for an affordable development in Ohio; and NorthMarq Capital arranges a $14.3 million construction/mini perm loan.
Student Housing Under Way in Georgia
Work is under way on Forum at Statesboro, a new-construction, 780-bed student housing project by Parkland Development Corp. The property will provide units to students at Georgia Southern University in Statesboro.
MHN INTERVIEW: Former HUD Secretary Henry Cisneros on the Bipartisan Housing Commission
MHN talks with Henry Cisneros, a former HUD Secretary and current chairman of CityView, about the goals of the newly launched Housing Commission and his projections for the future of the industry.
Unique Affordable Housing Project for Formerly Homeless and Incarcerated Women Gets Funding
Formerly homeless and incarcerated women and their families have few options for affordable housing, but a group of private and public organizations has come together to develop the $9.4 million Hour Apartment III to help address the problem.
$100M Manhattan Apartment Project in the Works
Manhattan renters are growing hungrier for accommodations, and Multi-Employer Property Trust is ready to help satiate their appetite.