Regions
PROFILE: Alchemy Properties Inc.
Some market observers may not think of this as much of a condominium market, but the 21-year-old Alchemy Properties Inc. is continuing to develop condos in the Manhattan market as usual.
Salt Lake County Offers Financial Support for High-Density Development Along TRAX Line
By Gabriel Circiog, Associate Editor Salt Lake County has shown its financial support for a proposed high-density development along the new TRAX line running through West Jordan. The 40-acre project, located at 9000 S. Bangerter Highway, will include 1,400 residential units and commercial buildings. The Salt Lake Tribune reports the County Council agreed to approve […]
TODAY’S DEALS: MAA Acquires a 300-Unit Community in Tennessee
MAA buys a 300-unit community outside Nashville; MAA brokers the sale of a 100-unit asset in Oceanside, Calif.; and Berkadia Houston originates $34 million in acquisition loans for properties in Texas, Ohio.
Affordable Townhouse Project Near Completion in Colorado Ski Country
The second phase of Valley Brook, an affordable townhouse development, is nearing completion, according to the town of Breckenridge and the Colorado Department of Local Affairs, which started on the workforce housing project in 2008.
Luxury Condo Residents Get Hotel Amenities
The Residences at W Atlanta Downtown relaunched in early October, offering new, lower pricing for condos.
Resident Rewards Program Garners Prodigy Award for Barrington Group
Barrington Group Inc. got rave reviews from residents soon after launching its Resident Rewards incentive program one year ago, and now the apartment property management company has garnered kudos from peers in the multifamily industry.
TODAY’S DEALS: Home Properties Buys 937-Unit Property in Virginia
Home Properties completes the largest single property acquisition in company history; Northbridge Companies breaks ground on a 110-unit assisted living community; and NorthMarq Capital arranges mortgage carrying sub-4 percent interest for 35-year term.
DelShah Purchases Non-Performing Mortgage Note in Brooklyn
DelShah recently purchased a non-performing mortgage note in Brooklyn, N.Y.
Freddie Mac Says Multifamily Firing on All Cylinders
In its most recent U.S. Economic and Housing Market Outlook, Freddie Mac affirms the strength of the multifamily market.
Year-Over-Year Rent Growth Yields a Promising Acquisition
Calvera Partners announced that it has purchased a 42-unit garden-style apartment building in Sunnyvale, Calif. which will be renamed Maude Gardens