News
Economy Watch: Italy’s a House on Fire
Greece can’t seem to form a new government to deal with its problems, but the world isn’t much interested any more, now that panic has set in about Italy.
TODAY’S DEALS: Education Realty Trust Announces $108M Acquisition Plans
Education Realty Trust announces a $108 million acquisition and development plan; and Bozzuto, Abdo and Pritzker break ground on $200 million mixed-used development in Washington, D.C.
Will Renter Demand be Even Stronger in 2012? Industry Says Yes
Despite tepid job growth, net absorption in the apartment market continues, according to Hessam Nadji, managing director of Marcus & Millichap Real Estate Investment Services.
NWP Services Corporation Implements New Global IP and Voice Network Technology to Better Serve Multifamily
NWP Services Corporation has completed implementation of a new telephony system from AT&T utilizing MPLS technology.
Ground Broken For Santa Clara County Affordable Housing
Ground has been broken for the Franklin Street Family Apartments. The property includes apartments affordable to families with annual incomes at or below 50 percent of the Santa Clara County area median income.
Joint Venture to Yield Three Multifamily Communities in Colorado
Could Colorado Springs, Colo., be the next hot spot for multifamily? Western National Group (WNG), which partnered with Nor’wood Development Group, sure believes so, with three multifamily projects in the works in that area.
Keystone Pacific Property Management Promotes Sherry Shandra to Business Relations Coordinator
Keystone Pacific Property Management, a community association management company in Southern California, has promoted Sherry Shandra from assistant management division project coordinator to business relations coordinator in the Irvine office.
Close-in Convenience Key to Houston Development
A new rental development targeted at youthful renters will give residents a chance to live a short commute away from the heart of downtown Houston.
Economy Watch: Conference Board Predicts Sluggish World Economy for Next Decade
The Conference Board released a big-picture report on the world economy on Tuesday, essentially predicting that it’s going to be a long, slow slog ahead.
NMHC TECH SPECIAL REPORT: Futurist Urges Apartment Industry to Adopt ‘Storytelling’ and ‘Customization’
“How are our residents changing and how do we need to change the way we design and market our communities?” asks author Jack Uldrich during the 2011 NMHC Apartment Operations and Technology Conference & Exposition.