News

SPECIAL REPORT: Echo Boomers Surpass Baby Boomers as Largest Apartment Group

Las Vegas–Baby boomers have been usurped in their position as the leading demographic group by echo boomers, say speakers at the NAA Education Conference & Exposition.

Construction Surging at Florida’s Mixed-Use Lakewood Ranch

Several projects totaling $100 million will be built this year at Lakewood Ranch, including a 380-acre neighborhood with 800 homes, 272 seniors apartments and a shopping center.

Economy Watch: New Home Sales Take a Dip in May

New home sales dropped 2.1 percent in May; the United States is tapping emergency stockpiles of crude oil and selling it on the open market; and the congressional impasse over the debt ceiling returns.

Centerline Capital Group Expands Affordable Housing Debt Team

New York–Centerline Capital Group’s Philip Melton discusses with MHN the company’s thinking behind expanding its affordable housing debt products division.

AMSI Integrates with AMS Utility Billing

Tampa, Fla. And Las Vegas–AMSI today announced a new alliance with American Metering Services, Inc.

NWP Services Corporation Introduces MRO Manager

Irvine, Calif.–NWP Services Corporation has introduced MRO Manager, allowing customers to take advantage of a complete resident service request, work order automation and eProcurement solution to generate long-term reductions in maintenance and repair costs.

RentEngine Introduces Multifamily Marketing Tools

Las Vegas–Multifamily Technology Solutions, parent company of MyNewPlace.com, today introduced RentEngine Marketing Solutions, a family of marketing services and tools designed for the multifamily industry.

No Sewers? No Problem for Massachusetts Multifamily Property

Westford, Mass.–For Yule Development Co., the most difficult renovation problem in the redevelopment of its Abbot Mill property was the need to build a water treatment plant.

Dominium Plans $80M Rescue of “Endangered” Minneapolis Property

Minneapolis–Dominium plans an $80 million transformation of its adaptive-reuse project in Minneapolis into a 240-unit affordable housing complex.

MARKET SNAPSHOT: ‘Everybody Wants to be in Washington, D.C.’

Washington, D.C.–The strength of the economy in the nation’s capital continues to lead to a tight apartment market.