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428 E. 58th St., Manhattan

Top 5 NYC Multifamily Sales

PropertyShark compiled the top 5 multifamily sales for April 2017 in New York City.

735 W. Wisconsin Ave., Milwaukee

3L Closes on Milwaukee Asset, Plans Conversion

The company will invest $15 million to transform the former office property at 735 W. Wisconsin Ave. into a 144-unit apartment building.

Cybersecurity 411: Tech Myths

A firewall is absolutely necessary for network protection, but it often provides little more than a false sense of security. In this third part of his cybersecurity series, Jeremy Rasmussen advises on additional precautions you should take.

Leasing Begins at LMC’s Chicago Apartments

The Emerson, a mixed-use, transit-oriented development, features 270 units in a five-story, low-rise building and a 20-story high rise.

Construction of Lower East Side Luxury Condos Underway

Magnum Real Estate Group is partnering with Real Estate Equities Corp. to develop 196 Orchard, an 11-story luxury residential development located across from the famous Katz’s Deli.

NewCourtland to Redevelop Former Liddonfield Homes Site

The new owner acquired the site for $5.5 million from the Philadelphia Housing Authority. The former public housing development will be transformed into an affordable senior housing community.

Marketing in Motion

The audience for social media platforms is constantly shifting, so successful leasing calls for flexibility. Depending on budget, multifamily owners and managers have a variety of innovative tools to choose from.

Economy Watch: State Unemployment Rates Reach New Lows

Jobless rates were lower in April than in March in 10 states, stable in 39 states and D.C., and higher in only one state, according to the Bureau of Labor Statistics. Colorado’s unemployment rate of 2.3 percent is the lowest rate since the BLS began reporting these numbers in 1976.

Historic DC Patterson Mansion’s Makeover Now Complete

Saul Urban joined hands with Rooney Properties and BedRock Real Estate Partners to renovate and expand the more than 110-year-old property and turn it into 92 apartment units.

JV Taps HFF to Market Luxury Philadelphia Tower

The 28-story, 363-unit 3601 Market is located in the University City submarket and features studio, one- and two-bedroom floorplans, as well as penthouses.