News
Palmer Hill Begins Work on New Condos
Palmer Hill Parters has started Phase III, or the East Building, of Palmer Hill in Stamford. The East Building property will offer 27 garden condominiums in five different floor plans, with closings anticipated to take place in spring 2012.
David Garcia Joins Steele Properties LLC as Director of Acquisitions
Steele Properties LLC announced the addition of David Garcia as the firm’s director of acquisitions.
TODAY’S DEALS: Phoenix Community Commands $30.5M
Colliers International and ARA complete a $30.5M Phoenix Transaction; Archstone buys a land parcel in Washington, D.C., which is slated for a 206-unit community; and Jones Lang LaSalle brokers a Nashville apartment sale to a private equity fund.
MHN Interview: Josh Herst, CEO of Walk Score
Josh Herst, CEO of Walk Score, describes how property managers and residents alike can benefit from knowing how walkable an apartment is to nearby amenities.
Marazzi Brings Porcelain Tile Ventilated Wall System to U.S.
The ventilated porcelain tile wall system from Marazzi looks great and can improve the energy efficiency of a building by up to 33 percent. It is an easy solution for rehab projects as well, since the tiles can be added to a structure without removing the original surface.
The New Dynamic of Renting
The rental industry has long provided apartments for the resident unable to qualify for or un-attracted to single-family home ownership. A detailed examination of the single-family inventory in most markets nationwide reveals that a historic average of 15 percent of all single-family homes are not owner-occupied.
Multifamily Makeovers
Investors approach multifamily renovation projects in a variety of ways, with budgets of all sizes and diverse financing sources. But all these projects share a common goal–to increase a property’s financial performance by making it more attractive to renters.
The Leasing Office of Tomorrow
Technology is changing the leasing office and leasing process dramatically. Prospects can now tour a property, apply for a home and sign a lease without ever leaving their digs.
Mystery Shopping: The Great Debate
The multifamily industry has been using mystery shoppers for quite a few years to make certain their employees were doing a good job, but lately the debate over whether or not the program actually works has heated up.
Appealing to a ‘Green’ Renter: If You Build it Sustainably, Will Prospects Come?
The key to getting renters in the door of a green community is knowing what they most value–and educating them about the environment you’ve created.