Regions
K. Hovnanian Homes Lauches 55+ Residential Development
K. Hovnanian Homes has unveiled plans for K. Hovnanian’s Four Seasons at Monmouth Woods. The development will be just off of Route 9, at 200 W. Farms Road in Howell Township, which is in Monmouth County, N.J.
Delano Hotel Brand Debuts in Dubai
Morgans Hotel Group brings its Delano Brand to the Middle East through a recently announced partnership with IFA Hotels & Resorts.
Building the Tallest Residential Tower West of the Mississippi
The Independent, a 58-story condo tower destined to be the tallest residential building west of the Mississippi River, is set to rise in downtown Austin, Texas.
Renovations in Full Force at Estates at Fountain Lake in Houston
Prime Property Investors has completed the first phase of unit renovations at Estates at Fountain Lake.
Investors Keenly Interested in Colorado Springs Apartments
Denver’s one of the more robust apartment markets in the nation, but a new report by Colorado Springs-based apartment specialist Commonwealth reported that investor interest in secondary-market Colorado apartment properties (such as Colorado Springs) is quite strong as well.
Affordable Multifamily Veteran Joins Freddie Mac as Vice President
Freddie Mac announced that David Leopold, a long-time leader of affordable rental housing lending and investments, is joining the company on April 20, 2015, as vice president of affordable housing production for the Multifamily business.
TODAY’S DEALS: Greysteel Refinances D.C. Portfolio
The Greysteel Co. arranges a $21.5 million portfolio refinance via a conduit lender; Northland acquires its 21st property in Florida; and Eastern Union and Investors Bank facilitate $22.5 million for the purchase of a Bronx, N.Y., landmark.
Working to Revitalize Public Housing Stock
Hunt Companies and the Housing Authority of the City of El Paso have closed on 1,590 units at 13 separate properties across the city in a $250 million, Phase 1 Rental Assistance Demonstration Project.
Grand Opening Announced for The Heights Linden Square
Doors have officially opened at The Heights Linden Square, a luxury mixed-use development in Gladstone, Miss.
Economy Watch: Apartment Industry Benefiting from Student Debt
The U.S. economy in the first quarter of 2015 seems to have been a little soft. However, apartment owners and developers are also fortunate in that a very large generation is coming of age right now, and they want to form households.