Regions
The Bozzuto Group Opens Doors to New Pennsylvania Apartment Development
Wyomissing Square is a new, mixed-use development.
First Large Scale Residential Installation of Fuel Cell in the World Takes Place in New Haven
The fuel cell will provide combustion-free power to the 500 residential units.
National Housing Trust and Enterprise Announce New Green Preservation Loan Product
A new lending program from Enterprise and the National Housing Trust Community Development Fund has been launched, which will provide nonprofit owners and developers capital to jump-start green retrofits of affordable rental communities.
Jersey City Condo Conversion of 150-Year-Old Factory Wins Preservation Award
The Jersey City Landmarks Conservancy has selected the Residences at Dixon Mills, a condo conversion in downtown Jersey City, to receive its 2010 Excellence in Preservation award.
Houston Apartment Complexes Slated for Online Auction
Cushman & Wakefield is planning a fully online auction for the sale of a group of multifamily apartment complexes in the metro Houston area.
DEAL OF THE DAY: Arbor Closes $1.93M Fannie Mae DUS MAH Loan
Arbor Commercial Funding LLC announced the recent funding of a $1,930,000 loan under the Fannie Mae DUS Multifamily Affordable Housing product line for the 64-unit Lake June Village Apartments in Dallas.
Occupancies Down For Seniors Housing, But Not For Long
Occupancy rates for seniors housing fell in the first quarter of 2010, while rent growth continued during the same period, albeit at a slower pace than in the previous two years.
MARKET SNAPSHOT: Occupancies Increase in Jacksonville, Fla. for First Time Since 2008
Each Jacksonville, Fla. submarket has seen an overall average occupancy increase from the fourth quarter of 2009 to the first quarter of 2010.
Jersey City’s Trump Plaza Residences Reaches 55 percent Sales Level
Trump Plaza Residences Jersey City has reached the 55 percent sales level, with 16 residences sold in March and April.
DEAL OF THE DAY: CBRE Arranges Sale of 634-Unit Community in Md.
CB Richard Ellis recently arranged the sale of Sherwood Crossing, a 634-unit rental apartment community at 6731 Old Waterloo Road, in Elkridge, MD, 30 minutes from Washington, D.C. and 15 minutes from Baltimore.