News
Stalled Condo Project in Flushing on Track Again
DelShah Capital LLC has finally worked through the legal complexities that will allow it to reposition 31-32 Union Street, Flushing, as Sunrise Terrace Condominiums, and to begin sales of the remaining 17 units in the property.
Affordable Housing Financing Extended for 20 Years at Westminster Village Arms
Westminster Village Arms, a Lowell, Mass., development built in 1970, is being renovated to include 412 units of affordable housing.
Suburban Chicago Builder Turning Renters into Buyers
A new rent-to-own program at The Heritage of Palatine, a condominium development in a Chicago suburb, is helping turn once skittish prospects into renters for a year, and into buyers after that.
Economy Watch: Jobs Bill Sunk by Senate
The U.S. Senate, in a procedural vote on Tuesday night, voted 50 to 49 to open debate on President Obama’s $447 billion jobs bill, thus effectively scuttling the measure.
Join Our 2011 List of Top Equity Providers
We are currently accepting submissions for our 2011 Survey of Top Equity Providers.
‘Occupy Wall Street’ Protesters Gather at Billionaires’ Apartments
Today, Occupy Wall Street supporters left Manhattan’s Financial District and organized in front of the multi-million dollar apartments of many of New York’s billionaires on the Upper East Side.
Color Coding and Marking Water Pipes Now will Save Time and Money Later
A Graphic Products, Inc. thermal transfer printer and DuraLabel pipe marking kit help document where the water is flowing.
Volunteer Organization Produces Another Affordable Seniors Housing Property in Alabama
AHEPA 310 Housing, an organization comprised of volunteers, has opened the doors of AHEPA 310-XII Apartments, marking the volunteer organization’s development of a dozen apartment communities to accommodate low-income seniors.
TODAY’S DEALS: Clarion Partners Grabs $100M Seniors Portfolio
Clarion Partners acquires three senior housing communities for $100 million; ARA completes an REO sale in Florida; and Alliant Capital arranges a $1.7 million refinance at 4.78 percent interest rate.
Crescent Resources Taps Seven Key Individuals for Multifamily Group
Crescent Resources LLC has expanded its multifamily division with the appointment of seven individuals to serve in key positions.