News
Humphreys & Partners Launches New Design for Seniors Housing that Can be Financed Now
Humphreys & Partners Architects recently launched a new senior housing community design, e-Senior(SM).
Build Before You Build
It is true that building information modeling (BIM) is revolutionizing the design/build industry today, but it’s also true that BIM is far from a new concept. “BIM is a re-introduction of historical design-build practices with a twist of technological advancement,” says Adam Lega, BIM coordinator for KAI, a Texas-based design/build firm.
GUEST COLUMN: Repiping or Lining: Strategies to Keep Multifamily Plumbing Systems Running Smoothly
Given the sheer number of structural, mechanical and electrical components within a typical multi-family structure, it’s easy to overlook a building’s plumbing system when major problems aren’t evident. Yet low water pressure, leaky pipes and stained, discolored water are all signposts to larger issues – potentially even system-wide failure. The longer these linger, the worse they can get.
Editor’s Note: Can the World Learn a Lesson from Buildings?
New York City is flooded with some major events this week: the U.N. General Assembly, the annual meeting of the Clinton Global Initiative and Climate Week N.Y.C., which falls just a few months before the international climate meeting slated to take place in Copenhagen this winter.
ThermoSoft Under-Floor Heating Systems are Made from Recycled Content
ThermoSoft International Corporation’s ThermoFloor under-floor heating systems heat rooms from the floor up, using the natural flow of warm air rising, to maximize efficiency and reduce the amount of energy needed to heat the average home by 30 to 40 percent.
TODAY’S DEALS: Behringer Harvard Acquires NoHo Commons for $96M, and Other Transactions
Behringer Harvard recently acquired The Gallery at NoHo Commons, a 438-unit multifamily community situated on a 5.3-acre site at 5416 N. Fairview Ave., adjacent to the North Hollywood Metro Station in Los Angeles, for approximately $96 million.
JLL Launches JV with Real Estate Disposition to Auction Commercial Property
In response to a growing need for owners, banks and servicers to quickly liquidate commercial property, real estate owned (REO) and both distressed and non-distressed commercial notes, Jones Lang LaSalle has launched a joint venture with Real Estate Disposition LLC (REDC) to provide an online auction sales platform that creates a market for optimal commercial property and note disposition.
Kensington’s Ann Arbor Student Housing Community Now Complete; Most Units Leased
The Courtyards Student Apartments, which is owned by Ann Arbor Campus Housing, LLC, an affiliate of Kensington Realty Advisors Inc., recently completed its third and final phase of its 896-bed, off-campus community.
Pinnacle Expands Into the Midwest; Office Was Strategic Objective, Says Kevin Charcut
Pinnacle has opened a new office in Kansas City, Mo. The new office is the headquarters for the Great Plains region, which includes Missouri, Nebraska, Kansas, Colorado, Wyoming and southern Iowa. The regional office is strategically located to offer enhanced service and access to Pinnacle’s growing resident and client base.
International Buyer Demand for U.S. Real Estate Decreased Due to Recession
Interest in U.S. real estate from international buyers declined due to the worldwide recession and severe credit crunch, according to the 2009 National Association of Realtors Profile of International Home Buying Activity.