News
Alliance Residential Announces Southeast Development Director
Alliance Residential recently appointed Silas Graham as managing director of development for the southeast
Multifamily and Commercial Real Estate: Tale of Two Sectors
The multifamily sector of the real estate industry is experiencing a recovery, and is poised to register increases in average rents. However, commercial real estate vacancy rates are flat, and lackluster economic growth is likely to keep growth modest.
Economy Watch: U.S. Job Creation at Standstill in August
The newly found focus on jobs in Washington–with the administration pushing one plan, House Republicans another–seems all the more urgent in the light of the jobs numbers on Friday.
New N.J. Affordable-Housing Apartments Geared Towards Families
Community Investment Strategies Inc. has completely leased its newest affordable apartment-rental community in Woolwich Township. This is the first of three affordable communities to be completed in the area.
TODAY’S DEALS: UDR Completes $325M Purchase
The Moinian Group closes the sale of 95 Wall to UDR Inc.; Carrfour buys an affordable housing community in Miami; and NAI Tampa Bay closes multifamily development sites.
Multifamily High-Rises Now Eligible for Energy Star
Washington, D.C.–When it comes to the U.S. Environmental Protection Agency’s Energy Star, a highly coveted green stamp of approval, multifamily high-rises are now on equal footing with low-rise multifamily structures and single-family homes.
MARKET SNAPSHOT: ‘Boom Town’ of Nashville Attractive to Out-of-State Players
Nashville, Tenn.–The Nashville apartment market is “moving in the right direction,” reports Scott Tyrone, director of ARA’s (Apartment Realty Advisors) Nashville office.
Wythe Confectionery Apartments Completed in Brooklyn
New York–Caro Enterprises has completed work on the 69-unit Wythe Confectionery apartment property (390 Wythe Ave.) in the Williamsburg neighborhood of Brooklyn. The project, which originally started as condos, is an adaptive reuse of a former factory.
Editor’s Note: Your Ounce of Prevention
A look at disaster recovery plans, investment opportunities and renters insurance.
Building the ‘Bell’ Brand: Why Bell Partners Left the Senior Living Markets
Lessons learned during the downturn, the decision to exit the commercial real estate and senior living markets, retaining top operations talent, and the importance of branding are among the topics explored by Bell Partners.