News
Tahl Works with Housing Agency on Expansion of Harlem’s Lexington Gardens
Tahl Propp Equities moves forward with long-held plans to expand its Lexington Gardens affordable housing community in Harlem.
TODAY’S DEALS: Greystar Picks Up 500-Unit Community in Minneapolis Suburb
Greystar purchases a community in Minnesota for $54.7 million; Beech Street Capital provides $13.8 million in Fannie Mae loans for three Texas communities; and Centerline Capital closes a $11.9 million multifamily refinance in 30 days.
Redevelopment Planned for Willets Point
Several companies have started to bid on the first phase of redevelopment of Willets Point in Queens, New York.
JV Breaks Ground on Apartments Near Expanding Ft. Belvoir
Ground has been broken for Bainbridge River Oaks Apartments, a 294-unit apartment property in Woodbridge, Va., near the Ft. Belvoir military base.
Recycled Denim Insulation Combats Noise and Energy Costs
A new denim-based insulation product from Applegate Insulation not only meets high performance standards for thermal resistance and sound control, but this blue alternative to foam can boost your LEED score as well.
Cooper Square Realty Names New Director of Mitchell Lama Management
Cooper Square Realty, a property management company based in New York, has promoted Denise Clarke to Director of the Mitchell Lama Management team.
Economy Watch: Germans Throw Cold Water on Euro Quick-Fix
Germany and France are still at odds about the best way to recapitalize banks who once thought that Greek and Irish and Portuguese and even Italian debt would be a good investment.
TODAY’S DEALS: CBRE Arranges $78.7M for Virginia Acquisition
CBRE Capital Markets arranges a $78.7 million mortgage for a Virginia acquisition; McCann Realty Partners buys a community in Fort Worth, Texas; and rarely traded properties totaling $30.43 million in asking price hit the market in Cleveland.
Futuristic Technology Takes Property Management to New Levels
POM technology–including remote-managed property management–is the wave of the future.
Profile: LCOR Residential
Fully-integrated LCOR says it has been busiest on the services side of the business, providing multifamily property and asset management.