News

PAH Unveils Revitalized CA Affordable Asset

Following a $31.9 million renovation, the Colorado Park Apartments in Palo Alto reopened. The asset is Palo Alto Housing’s oldest property in its portfolio.

Affordable

Northern NJ Community Trades for $41M

Gebroe-Hammer Associates represented both parties in the sale of Crest Ridge Apartments, a 178-unit, garden apartment community located in West Orange, N.J.

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TH Real Estate Picks Up 228-Unit FL Community

The Nuveen affiliate acquired The Atlantic at East Delray in Delray Beach for $54.3 million. A joint venture between Pollack Shores and its equity partner sold the 1996-built asset.

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Economy Watch: Consumers Feeling Good This Summer

The University of Michigan's latest sentiment survey reveals that consumer confidence in August reached its highest level since January, indicating a positive overall outlook for the U.S. economy.
National 21 August 2017 14:35
Deadline Extended: 2017 Top Owners Survey

Don't miss out on the chance to participate in the MHN-CPE 2017 Top Owners survey! The information you provide will determine which firms have the best owned property portfolios.
National 21 August 2017 14:30
Can You Afford to Live in NYC?

Only nine out of the 139 neighborhoods included in a RentHop study have median asking rents that can be afforded with 35 percent of the area median income.
New York 21 August 2017 12:37
Rhodium Buys 462-Unit CT Portfolio

The Bridgeport portfolio, acquired in partnership with Toronto-based Firm Capital, encompasses a 179-unit community and 13 other apartment buildings across Bridgeport.
Northeast 21 August 2017 12:30
Affordable Senior Community Opens in Richmond, IL

The 25-unit community offers one- and two-bedroom apartments for $866 and $1,039, respectively, and is Energy Star Certified.
Chicago 18 August 2017 19:11
7 Worldwide Buildings Getting New Life as Student Housing

More architects and developers are turning to adaptive reuse as a solution to some of the problems facing the built environment.
International 18 August 2017 19:04
Rainbow Tapped for Phoenix Affordable Community

The company will offer the residents of La Palmilla Apartments free on-site programs once the current owner, Reliant Group Management, completes renovations in mid-2018.
Phoenix 18 August 2017 14:00