Regions
Berkshire Communities Property Manager Bradley Roschyk Named Apartment Manager of the Year by National Apartment Association
Berkshire Communities, the property management division of Berkshire Group, announced that Bradley Roschyk, property manager of the Verandas at Timberglen in Dallas has been named the 2014 National Apartment Association’s PARAGON Certified Apartment Manager of the Year.
Yardi Joins BOMA International as a Cornerstone Partner
Yardi, a leading developer of real estate investment management and property management software, announced that it has joined the Building Owners and Managers Association (BOMA) International’s Partnership Program.
Economy Watch: Existing Home Sales Rise, But Still Sluggish
Total existing U.S. home sales rose 4.9 percent to an annualized rate of 4.89 million units in May from an upwardly revised 4.66 million units in April, according to the National Association of Realtors.
APARTMENT MARKET STATISTICS: June 2014
Multifamily housing starts fell for the third consecutive month in February 2014, according to the National Association of Home Builders (NAHB).
CityPlace Mixed-Use Development in Houston to Include 268 Apartments
Patrinely Group, CDC Houston and USAA Real Estate Co. have unveiled their plans for the new CityPlace development, formerly known as Springwoods Village Town Center.
JB Matteson Acquires Mixed-Use Community in Petaluma, Calif.
JB Matteson has announced the acquisition of Theatre Square Apartments in Petaluma, Calif. The 99-unit, mixed-use community was purchased $32.5 million from the original developer.
TODAY’S DEALS: Balfour Beatty, Texas A&M Close $104M for 1,274-Bed Development
Balfour Beatty and Texas A&M kick off a public-private partnership development; Virtú Investments buys 112 units in Colorado; and Eastern Consolidated markets a development site in Long Island City, N.Y.
Ideal Properties Group Launches New Luxury Community in Brooklyn
Brooklyn-based Ideal Properties Group is launching a new luxury rental building in the Park Slope neighborhood of Brooklyn.
McKinley Appointed Asset Manager for 2,772 Bed Purpose-Built Studen Housing Community
McKinley announced it has been retained as Asset Manager for Chandler Crossings located in East Lansing, Mich., serving the Michigan State University campus.
Economy Watch: Most States See Unemployment Rate Drops Since Last Year
The Bureau of Labor Statistics reported that 20 states had unemployment rate decreases in May compared with April, 16 states suffered increases and 14 states and the District of Columbia experienced no change.