News
DEAL OF THE DAY: Lee & Associates Transacts $4.7M Purchase of Foreclosed Condos/Apts.
Fifty-one vacant apartment units at 11927 – 33 Magnolia Boulevard in Valley Village, Calif. have been sold to a private investor for $4.7 million in an all-cash transaction.
Transit-Oriented Affordable Housing Development Opens in Northern California
Trestle Glen is a transit-oriented, eco-and pedestrian-friendly apartment community.
Web Feature: Implementing Creative Ideas at Your Community
Property managers find new ways to facilitate interaction among residents.
Investors Eye Houston-Area Apartment Redevelopment
Houston-area employers will expand payrolls by 2.1 percent (or 54,000 jobs) this year.
44-Story Luxury Residential Project Coming to Newark by 2013
The project will break ground next year.
DEAL OF THE DAY: Boston Capital Invests in Affordable Multifamily Development in Somerville, Mass.
Boston Capital invested in Clarendon Hill Towers, a 501-unit multifamily development in Somerville, Mass. Boston Capital provided the tax credit equity for the development and partnered in the rehabilitation with the Clarendon Hill Towers Tenant Association and Connolly & Partners.
NAA Hires Greg Brown as VP of Government Affairs
The National Apartment Association (NAA) has hired Greg Brown as its vice president of government affairs.
JBG Companies Says New Luxury Rental Will be Smoke-Free
The Alaire at Twinbrook Station, a new development by JBG Cos., will be a smoke-free community.
MARKET SNAPSHOT: Demand for Professionally Managed Apartments Increases as Shadow Market Declines in Miami
While the rental market in Miami is showing signs of a rebound, the condo market may still have yet to hit bottom in many submarkets of Miami-Dade County.
Case Study: Resource Residential’s Dive-In Theater Is a New Way to Build Community
Major shifts that occurred after the economic downturn, prompted Philadelphia-based property management company Resource Residential to do something different for its communities