Regions
Palmer Hill Begins Work on New Condos
Palmer Hill Parters has started Phase III, or the East Building, of Palmer Hill in Stamford. The East Building property will offer 27 garden condominiums in five different floor plans, with closings anticipated to take place in spring 2012.
TODAY’S DEALS: Phoenix Community Commands $30.5M
Colliers International and ARA complete a $30.5M Phoenix Transaction; Archstone buys a land parcel in Washington, D.C., which is slated for a 206-unit community; and Jones Lang LaSalle brokers a Nashville apartment sale to a private equity fund.
MHN Interview: Josh Herst, CEO of Walk Score
Josh Herst, CEO of Walk Score, describes how property managers and residents alike can benefit from knowing how walkable an apartment is to nearby amenities.
SPECIAL REPORT: Student Housing Has Arrived; Institutional Investors are ‘Giddy’
The student housing market is healthy and booming, according to industry leaders at NMHC’s 2011 Student Housing Conference & Exposition.
B’nai B’rith Housing Wins 2011 MetLife Foundation Award for Excellence in Affordable Housing
B’nai B’rith Housing New England received a MetLife Foundation Award for Excellence in Affordable Housing for its work with the Covenant House in Brighton, Mass.
MPF Research Confirms Strong Occupancy, Rental Growth for U.S. Apartment Sector
There’s no question that apartments are hot. That’s the takeaway from the latest quarterly report by MPF Research, which found that the national apartment occupancy rate climbed 0.6 percentage points during the past three months.
Behringer Harvard Invests in Renaissance in SF’s East Bay
Texas-based Behringer Harvard has acquired Renaissance, a 132-apartment luxury multifamily community in San Francisco’s East Bay.
Real Estate Experts Weigh in on Obama’s Proposed Carried Interest Tax
Experts discuss possible consequences of Obama’s proposed carried interest tax on the real estate industry.
Red Capital Group Shares Mid-Year Multifamily Review & Outlook Report
Red Capital Group, LLC, has posted on its website its Research Team’s most recent multifamily housing industry report titled “Multifamily Housing Industry 2011 Mid-Year Review and Second Half Outlook Report.”
TODAY’S DEALS: IPA Sells 64-Unit Community for $14.85M
Institutional Property Advisors arranges the sale of a Newport Beach community; Essex Realty Group sells a 20-unit walk-up in Chicago; and HFF is named to market the sale of an Ohio portfolio.