News
Community Preservation and Development Corp. Celebrates Opening of Affordable Inter-Generational Housing in D.C.
Washington, D.C.—Community Preservation and Development Corp. (CPDC) and Crawford Edgewood Managers Inc. (CEMI) recently celebrated the grand opening of The Overlook at Oxon Run, a seven-acre, 316-unit inter-generational housing development for low-income seniors and moderate-income workers.
MULTI-HOUSING EXECUTIVES UPDATE: McShane Hires Andrea A. Bills as New VP, and Other Moves
Rosemont, Ill.–McShane Development Co. has hired Andrea A. Bills as vice president in the firm’s corporate headquarters in Rosemont, Ill.
New Program Offers $1B for Green Retrofits
A new program could provide a sizable jolt to the already-popular practice of retrofitting existing commercial properties to increase environmental sustainability. The Community Preservation Corp., a non-profit affordable housing lender, has unveiled a new public-private partnership that aims to provide $1 billion in funding for energy efficient upgrades and green retrofits to multifamily properties.
GUEST COLUMN: Green Collar Jobs on the Rise
For many, the environmental movement is about recycling, solar panels, and hybrid cars. Even we in the industry can get distracted by the technological whiz-bangery of the latest wind turbine, composite material, and waterless urinal. It’s easy to overlook what will be the most pervasive aspect of sustainability in the coming years: the green collar job market.
MARKET SNAPSHOT: Charleston Has Bottomed Out and is On the Rebound
The apartment market in Charleston bottomed out at the beginning of 2009, asserts Jenny Shelden Pauswinski, multifamily market analyst at Charlotte, N.C.-based Real Data, which tracks apartment markets in the major metro markets of the Southeast, including statistics on over 900,000 units.
The “Ifs, Ands or Buts” of Rental Screening
With rental vacancy rates at their highest levels since at least 1996, it is only natural that some property owners may “loosen” their standards during the rental screening process to increase occupancy levels. However, before taking such actions, property managers need to best understand how to assess their prospective residents in today’s new economic environment. To ensure a renter is both reliable and profitable, a property manager must look at several attributes in their profile.
Hy-Lite/U S Block Windows Moves Vinyl Extrusion Purchases and Acrylic Block Manufacturing Back to U.S.
Contradicting the industry trend, Hy-Lite/U S Block Windows recently moved all their Hy-Lite vinyl extrusion purchases and acrylic block manufacturing out of China and back into the United States.
Low-Rise Condo Raises Brooklyn’s Green Profile
New York–What’s black and white and green all over…? The Silhouette. And, if all goes according to plan, this four-unit eco-friendly condominium in South Park Slope, Brooklyn will soon be the first low-rise LEED Platinum project in New York City.
Study: U.S. Can Look to Europe, Australia for Environmental Lessons
The United States can learn a few lessons in energy-efficient buildings and green jobs from Europe and Australia, according to a new study by the Rand Corporation. The research shows that steps taken by the two continents to inspect, rate, and publicly disclose the energy efficiency of buildings indicate the structures use less energy and are worth more when sold or leased.
Study: U.S. Can Look to Europe, Australia for Environmental Lessons
The United States can learn a few lessons in energy-efficient buildings and green jobs from Europe and Australia, according to a new study by the Rand Corporation. The research shows that steps taken by the two continents to inspect, rate, and publicly disclose the energy efficiency of buildings indicate the structures use less energy and are worth more when sold or leased.