Regions
Grand Opening Announced for The Heights Linden Square
Doors have officially opened at The Heights Linden Square, a luxury mixed-use development in Gladstone, Miss.
Economy Watch: Apartment Industry Benefiting from Student Debt
The U.S. economy in the first quarter of 2015 seems to have been a little soft. However, apartment owners and developers are also fortunate in that a very large generation is coming of age right now, and they want to form households.
Affordable in Brooklyn
The New York City Department of Housing Preservation and Development and its partners have opened The Truxton Residence, a 48-unit supportive and affordable housing development in the Ocean Hill neighborhood of Brooklyn.
Raymond James Tax Credit Funds Hires Industry Veteran as Vice President, Director of Acquisitions
Raymond James Tax Credit Funds, a national syndicator of affordable housing, announced the hiring of Kelly Henderson as vice president, director of acquisitions for the Northeast region.
TODAY’S DEALS: Loan Saves Queens Condo from Auction Block
Madison Realty Capital closes $14 million for a mixed-use condo property in Flushing, N.Y.; URS Capital Partners completes its third apartment acquisition in Charleston; and NorthMarq Capital arranges a $16.8 million refinance through PPM.
Creating a Live-Work-Play Community for Jersey Professionals
Fisher Development Associates has broken ground on 33 Park Avenue, a new luxury rental building in downtown Jersey City’s Gold Coast.
Peak Campus Expands Portfolio with More Than 1,000 Beds
Peak Campus was named manager of two properties totaling over 1,000 beds in Lawrence, Kan., and Conway, Ark.,s by Collegium Capital Partners.
Economy Watch: Good Times for Hotels, But Properties Are Harder to Develop
Apartments have been the darling of the recovery since the recovery started, but the hotel market has snapped back from the dark days of 2009 and ’10 almost as dramatically.
TODAY’S DEALS: NorthMarq Closes $32.6M for Kansas Community
NorthMarq arranges refinancing for a 298-unit asset; Hunt provides two Fannie Mae loans in Wisconsin; and iStar Atlanta condo sales hit $12 million in the first quarter.
ConAm Group Acquires Denver-Area Aparments
The ConAm Group has acquired PeakView Place, a 296-unit apartment property in metro Denver, for an unspecified price.