News
California Set to Make Mechanic’s Lien Law Change
Sacramento, Calif.–In a move that might benefit multifamily property owners in California who hire outside contractors to do work on their properties, the state of California will change the way property owners are notified of mechanic’s liens.
Marketing to the Green Consumer
Make sure your communities can back up environmental claims
Centex Opens Family-Friendly Condominium Community in Bergen County, N.J.
Garfield, N.J.–Signature Place at Garfield, a 184-unit condominium property in Garfield, N.J., has made its debut.
David P. Stockless Joins Dewberry
Boston–David P. Stockless, AIA, LEED AP, has joined Dewberry’s Boston office. With nearly 20 years of experience, Stockless will assist in the management of the office’s architectural building services projects. He will spearhead an initiative to expand Dewberry’s full-service A/E department into multifamily housing, retail and commercial markets. Stockless brings significant experience in the management of projects from conception though construction supervision, including successful work on a fast-track schedule. He has designed over 1,600 units of housing, as well as numerous restaurants, R&D, and hospitality facilities. Stockless is a Massachusetts registered architect as well as a Leadership in Energy and…
MHN Interview with Greg Rutten: Apartment Market Downturn Will Last Another 3-4 Years
He talks to MHN about the trend of distressed deals and how QualityFirst Commercial helps developers through the process of foreclosure.
Long-Shuttered School Transformed Into Wilber School Apartments
Sharon, Mass.–A vintage 1920s school in Sharon, Mass. has been renovated and combined with complementary new structures.
Google Establishes $86M Low-Income Housing Fund through U.S. Bank Subsidiary
Mountain View, Calif.–Search engine giant Google has found a new vehicle for giving back to the community.
DEAL OF THE DAY: Red Completes $136M Fannie Mae Refinance Loan for 10-State Portfolio Acquisition
Columbus, Ohio–Red Mortgage Capital, LLC, the mortgage banking arm of comprehensive capital provider, Red Capital Group, recently closed a $136 million-plus transaction on a pool of 11 assets located across 10 states nationwide.
Greening Our Cities
Future legislation is likely to change the way the multifamily industry operates