Regions
Behringer Harvard Begins Second Phase of Metro Dallas Apartment Property
Behringer Harvard has broken ground on Allegro II, the second phase of a multifamily rental property the company acquired in December 2010.
TODAY'S DEALS: Boston Capital Closes Tax Credit Fund
Boston Capital closes a $350 million fund, acquires 53 affordable communities; Holliday Fenoglio Fowler lands a marketing contract in Sacramento.
Investors Circle Over Mixed-Use Chicago Apartment Tower
The right value-add assets in key locations are high on the radar of attracting buyers, as evidenced by investors’ response to downtown Chicago’s River North Park, a 399-unit mixed-use apartment property.
Study Links Troubled NYC Multifamily Housing and Risk of Deterioration of Nearby Buildings
A new study reveals that over-mortgaged and foreclosed multifamily buildings increase the risk of deterioration of nearby buildings and raise costs to New York City private owners.
Closings Begin at Luxury Condominiums
Closings have already begun at The Residences at W Atlanta Downtown, which re-launched several months ago. Buyers include cash purchasers, plus end-users and people buying second homes.
New Affordable Community Offers Environmental Benefits
KTGY Group Inc., Architecture + Planning, has announced the opening of a green affordable community called The Crossings on 29th Street in South Los Angeles.
TODAY'S DEALS: Second Phase of Allegro Breaks Ground in Texas
Behringer Harvard breaks ground on the second phase of a Texas property; and Johnson Capital arranges $75 million for a 1,271-unit portfolio acquisition.
When Affordable Housing Isn't Really Affordable
Families living in affordable housing know their housing costs cannot exceed 30 percent of their incomes. But that affordability can be nullified if the housing is not located in areas with comparatively affordable transportation costs.
TODAY'S DEALS: American Campus Communities Begins Drexel University Project
American Campus Communities begins a $97.6 million mixed-use development at Drexel University; Marcus & Millichap lists a 137-unit asset in the Bay Area; and KeyBank provides $44 million in Freddie Mac funding for three communities.
Fat City Lofts Project in Danger as CCDC Votes in Favor of Solar Turbines
By Gabriel Circiog, Associate Editor The Center City Development Corp. board has cast its vote on the Fat City Lofts development. As previously reported, Solar Turbines has opposed the project arguing that coexistence with the planned 232-unit apartment development would be virtually impossible. The company stated that the development would attract an environmental review that […]