News

The Sheffield and Saks Fifth Avenue Join Forces on Unique Residential Program

New York–A partnership between The Sheffield and Saks Fifth Avenue offers condo residents a one-on-one relationship with the world renowned store.

Inside This Month’s Magazine

Read the articles from the latest print issue of Multi-Housing News.

TODAY’S DEALS: Berkadia Originates $23.7M for Wash. Property

Berkadia Commercial Mortgage originates $23.7M for Wash. property; AREA Property Partners invests $100M in the recapitalization of Maryland apartments; and Dizengoff-Trading Company purchases 65 condo units in Palm Beach.

AREA-Wood Partners JV Bags Texas Multifamily Portfolio

New York–AREA Property Partners and Wood Partners, acting as a joint venture, have acquired a portfolio of nine multifamily properties totaling 2,589 units in Texas.

Kitchen Customization Adapts to the Marketplace

As apartment units shrink, kitchen customization replaces the cookie-cutter approach.

CAPSTAR Joins Cassidy Turley

St. Louis–CAPSTAR Commercial Real Estate Services has joined Cassidy Turley.

20 Pine Residents Access Subway without Stepping Outside

New York—Residents at 20 Pine enjoy a private, secured subway entrance.

SPECIAL REPORT: Apartment Construction Is Inadequate to Meet Growing Demand

Orlando, Fla.–Speakers at the NAHB Builders’ Show agree that the supply of apartments is falling seriously short of what is required to meet the increasing demand generated by renters in a slowly recovering economy.

Economy Watch: Foreclosures at Record Levels in 2010

2010 saw a record number of foreclosures; Neil Barofsky warns of the possibility of future bailouts; and many Americans are still desperate for work.

New Green, Modular Student Housing in Philadelphia, Plus Slideshow

Philadelphia–By utilizing modular construction, Equinox was able to shorten the construction schedule and decrease costs. The modules were created in an efficient assembly-line process–off site.