News
Irvine’s Doria Apartment Homes Another First for Jamboree
The late October grand opening of Doria Apartment Homes, an affordable housing community on the north side of Irvine, Calif., marked a pair of firsts for Irvine-based affordable housing developer Jamboree Housing Corporation.
Ads Aimed at Young Renters Highlight Pitfalls of Living with Parents
New ad campaign aims at young renters by showing pitfalls of moving back in with mom and dad.
$300M Zero Net Energy Project Opens at UC Davis
The first phase of West Village at University of California, Davis, the largest planned zero net energy development in the country, has just made its debut.
TODAY’S DEALS: Harrison Street Completes $125M Acquisition of Senior Housing Portfolio
Harrison Street completes a $125 million acquisition; HFF arranges $23.5 million for a community in Florida; and Red Capital provides $20 million for a high rise in Philadelphia.
Via Verde in the Bronx Starts Accepting Applications
The developers of Via Verde, a 222-unit workforce housing development now under construction in the Melrose section of the Bronx, have started accepting residency applications for the property’s 133 affordable units.
NWP Services Corporation Introduces Common Area/Vacant Meters Variance Analytics
NWP, a provider of solutions to lower operating and utility costs for the multifamily housing industry, announced the introduction of Common Area/Vacant Meters Variance Analytics within the company’s UtilitySmart product family.
Crossville Releases New Tile, Hits Recycling Benchmark
Crossville, a Tennessee-based manufacturer of tile for residential and commercial applications, has achieved SCS certification for its waste recycling programs. The company has also released Bluestone, a new line of tile that is comprised of 20 percent recycled materials.
Ones to Watch
Every November MHN spotlights industry players who warrant attention in the year to come. These influential executives are employing strategies to overcome the challenges presented by the economy so that the multifamily sector can emerge stronger than ever.
Economy Watch: Drunk on Risk, MF Globals Falls on Face
Though not in the major leagues of failure as Lehman Brothers or AIG were, it was still something of a shock on Monday when MF Global Holdings Ltd. went belly up.
Resident Screening Benchmarketing Tool to Increase Tenant Revenue
LexisNexis Risk Solutions announced it is launching LexisNexis Resident Screening Marketplace Intelligence. This will allow leasing agents, property managers and investors access to reports on resident property performance.