Regions
Futuristic Technology Takes Property Management to New Levels
POM technology–including remote-managed property management–is the wave of the future.
Profile: LCOR Residential
Fully-integrated LCOR says it has been busiest on the services side of the business, providing multifamily property and asset management.
New LIIF-Enterprise Partnership to Push for TOD
Low Income Investment Fund and Enterprise are forming a partnership to advance the cause of transit-oriented development nationally.
Phase II of Highlands at Hilltop Breaks Ground
For some time, officials of Verona, N.J., have sought new housing alternatives, as well as much needed tax stabilization for residents. Phase II of The Highlands at Hilltop, a new luxury residential building, should go far in providing both.
TODAY’S DEALS: Denver High-Rise Sale Commands Record Price per Unit
Zocalo Community Development sells a 120-unit LEED Gold community for $37 million; Jones Lang LaSalle announced the firm’s Mid-Atlantic multifamily team has closed a sale on behalf of an affiliate of Florida-based Priderock Capital Partners; and Johnson Capital arranges an acquisition loan for a luxury community in Texas.
New ‘Growth Panels’ Help Apartments Go Green
Aqualok, a new type of roof panel, can reduce energy costs for apartment buildings.
Harbor Group Buys Baltimore’s Belvedere Towers for $26.1M
Harbor Group International LLC continues to enhance its presence in Baltimore with the acquisition of Belvedere Towers Apartments.
TODAY’S DEALS: Marcus & Millichap Sells Two Student Housing Communities
Marcus & Millichap brokers the sale of two southern student housing communities; ARA arranges the sale of a 180-unit community in Phoenix; and George Smith Partners completes a challenging $4.2 million refinance of an SRO property.
Major Affordable Housing Redevelopment Kicks Off in Rome, N.Y.
Ground has been broken for the redevelopment of Liberty Gardens in upstate Rome, which will include the major rehabilitation of three masonry two-story buildings and the construction of six new buildings on the seven-acre site.
MARKET SNAPSHOT: Top-Tier Assets in Philadelphia Spark Investor Interest
Philadelphia–During the first half of the year, interest in Class A properties in the Philadelphia metro increased, according to Marcus & Millichap’s third quarter report.