News
AvalonBay’s Ron Ladell Promoted to Senior Vice President
AvalonBay Communities Inc., a real estate investment trust (REIT), announced that Ron Ladell has been promoted to senior vice president, development.
Today’s Deals: Hartz Acquires Two Communities in N.J.
CBRE facilitates the acquisition of two communities for Hartz; Behringer Harvard buys a 280-unit property near Fort Lauderdale, Fla.; and Meridian negotiates $46.1 million in financing for multifamily, co-op properties.
Standard & Poor’s James Manzi Plots the Road Ahead
James M. Manzi, CFA, senior director, Structured Finance Research, at Standard & Poor’s Rating Services, explores the ratings agencys take on a range of subjects of interest to the multi-housing industry.
Editor’s Note: So Many Ways to Green Apartments
Editor-in-Chief Diana Mosher prepares to attend the U.S. Green Building Council’s GreenBuild.
NLHA Education Fund Receives Aimco Donation
Aimco has donated $146,000 to the National Leased Housing Association Education Fund to provide higher education tuition assistance to students who live in subsidized housing.
Northbridge Breaks Ground on Assisted Living Community
The Northbridge Companies, an assisted living communities developer, recently announced the groundbreaking of Stonebridge at Burlington, a 110-unit assisted living and memory care community.
High Rise Means Higher Profile for Windy City University
The new vertical campus of Chicago’s Roosevelt University promises to give the Loop-based institution higher visibility on the Windy City higher education scene.
Could Obama’s New Mortgage Plan Solve the Housing Crisis?
Could the changes to the Home Affordable Refinance Plan be the solution to the housing crisis–and economic recession–that we’ve been looking for?
Affordable Seniors Housing Property Wins $1.1M Grant for Rehab
Denton Green Housing, a 113-unit apartment property for low-income seniors in Long Island, will soon get a much-needed makeover now that the property has won a grant from New York State Homes and Community Renewal.
TODAY’S DEALS: JV Breaks Ground on Luxury Tower
Fifield Companies, Wood Partners break ground on a 34-story luxury community in Chicago; Praedium Group, Chartwell Holdings buy a community in Florida for $32 million; and NorthMarq arranges a $28.5 million mortgage for a Class A apartment property.