Regions
WinnResidential Named 2014 Top Affordable Housing Manager by NAHMA
WinnResidential, the property management arm of WinnCompanies, announced it has been named the largest affordable multifamily property management company, ranked by affordable unit counts by the National Affordable Housing Management Association (NAHMA).
Prism Takes On-Site Fitness a Step Further at Parkway Lofts
Fitness centers are a nice addition to many luxury apartment buildings. At Parkway Lofts in Bloomfield, N.J., however, the fitness center is not merely an add-on. It is the crowning jewel of the building’s resort-style amenity package.
TODAY’S DEALS: NorthMarq Arranges $35M for AFL-CIO
NorthMarq arranges an Allianz Life Co. refinancing for AFL-CIO Building Investment Trust; The RADCO Companies completes a value-add play with a $5 million sale in metro Atlanta; and Greystone provides a $5.6 million bridge loan for a Colorado community.
Kerry Rudd Appointed Duravit USA Vice President of Sales
Duravit USA is continuing its sales expansion with the addition of Kerry Rudd to the team. Rudd will join Duravit USA as the vice president sales, business development.
Economy Watch: Rumbles of Trouble in the Euro Zone
It’s been a while since the euro-zone crisis rumbled loud enough to bother investors around the world, but late last week Portugal halted trade in Banco Espirito Santo, which is the banking arm of one of that country’s largest conglomerate, with regulators citing “irregularities” in its accounts and asserting that it’s in “serious financial condition.”
Dubai Holding and Local Authorities Unveil Plans For New City Featuring World’s Largest Indoor Mall
The largest mall in the world was recently announced in the largest city of the United Arab Emirates, as developers have lined up the first temperature-controlled city in the world.
Mace to Oversee Maintenance at the Admiralty Extension in London
As part of a renovation program by The Cabinet Office department of the Government of the United Kingdom to consolidate and update the Admiralty Extension in London, 193,750 square feet of office space at the government estate also known as the Old Admiralty Building will soon undergo maintenance.
Singapore’s Interlace Apartment Community Wins CTBUH Urban Habitat Award
By Adrian Maties, Associate Editor Singapore—The Council on Tall Buildings and Urban Habitat (CTBUH), a Chicago-based organization, has announced at the end of June the winner of its first ever Urban Habitat Award for The Interlace, a residential development completed in Singapore late last year. The Interlace was developed by CapitaLand Residential, a leading developer in Asia, and Hotel Properties Limited. The designer was by Ole Scheeren, a former partner of the Rotterdam-based Office for Metropolitan Architecture (OMA). The apartment community covers about 1.8 million square feet of land. It features 1,040 two-, three- and four-bedroom units, as well as…
Jefferson Apartment Group Starts Work on Orlando Apartments
Ground has been broken on Artisan 420, a new mixed-use development in downtown Orlando from Jefferson Apartment Group.
Steadfast Apartment REIT Acquires 307-Unit Apartment Community in Indy for $27.9M
Steadfast Apartment REIT has acquired Harrison Place, a 307-unit community located in the heart of Indianapolis, for $27.9 million.