News
Apartment Property in Hoboken Gets LEED Gold Certification, A First for its Developer
Hoboken, N.J.–Berkshire at the Shipyard, a new 93-unit apartment building in Hoboken, N.J., has just achieved LEED Gold certification from the U.S. Green Building Council.
MHN Interview with Ken Ryan: TODs Are about Choice, Not Sacrifice
Ken Ryan of KTGY Group talks to MHN about the issues that are impacting sustainable transportation solutions, transit-oriented developments/districts (TODs) and the challenges in accomplishing the design and pragmatic goals for a TOD.
DEAL OF THE DAY: Wood Partners and Area Property Acquires Condo Construction in Miami
Miami–Wood Partners and AREA Property Partners have closed on the acquisition of Terrazas River Park Village, a 324-unit Class A property along the Miami River.
Multifamily Starts Up From Last Year, But Still Sluggish
Washington, D.C.–Housing starts edged upward unexpectedly in September.
Post Makes First Move Outside of Texas with 403-Unit Apartment Purchase in Louisiana
Los Angeles–Post Investment Group Inc. has just made its first multifamily investment beyond the borders of the Lone Star State with the acquisition of Quail Creek Apartments, a 403-unit residential community in Shreveport, La.
Video Interview with Thomas P. Deyo
MHN interviews Thomas P. Deyo, Dep. Director Real Estate, NeighborWorks America about the high cost of capital and other challenges faced by non-profit developers.
DEAL OF THE DAY: Berkadia Originates $7.5M Refi for Mixed-Use Property on Behalf of ING Financial
Santa Cruz, Calif.–Berkadia Commercial Mortgage originated $7,500,000 in permanent, fixed-rate debt for the refinance of 1200 Pacific Avenue, a mixed-use property in Santa Cruz, Calif.
Free-up Building Development Dollars
Conventional framing techniques use about 15 percent to 20 percent more framing material than is structurally needed.
‘Foong on Finance’: Foreclosure Fears
There is now bubbling under the surface the possibility of another banking crisis, a home foreclosure-generated crisis.
Condos Lead NYC Residential Rebound
New York–New York’s residential sales market, led by condos and cooperative apartments, continued its rebound during the third quarter of 2010.