Regions
Economy Watch: Job Openings Up in April
There were 4.5 million U.S. job openings on the last business day of April, up from 4.2 million in March, the Bureau of Labor Statistics reported in its Job Openings and Turnover Survey.
Home Rental Interest Rises, Apartment Rentals Still Reign, According to Homes.com and ForRent.com
he amount of renters in the U.S. has expanded significantly nationwide since the burst of the housing bubble.
Bluejay to Begin Leasing 341EPW in Brooklyn
By Dees Stribling, Contributing Editor New York—Leasing at 341EPW, a new eight-story, 63-unit rental development with a retail component at 341 Eastern Pkwy. in the Crown Heights neighborhood of Brooklyn, will begin in July, according to the property’s developer, Bluejay Management. The company has tasked the brokerage company aptsandloft.com to lease the building, which is at the intersection of Eastern Pkwy and Franklin Ave. The property includes a mix of studio, one- and two-bedroom units, and some units sport a private terrace. Designed by the Meshberg Group, 341EPW features a white brick façade accented with precast stone to enhance the…
Lease-up begins at Barzilay’s Iron Mill Lofts in Philadelphia
Barzilay Development has announced that leasing efforts have commenced for its Philadelphia adaptive reuse development, Iron Mill Lofts.
EPA Clean Water Act Proposal Lacks Scientific Evidence, Says NMHC/NAA
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs, on the U.S. Environmental Protection Agency’s (EPA) and Army Corps proposed Clean Water Act jurisdictional rule.
Woodmont Properties Opens Luxury Apartments in Heart of Morris County
Woodmont Properties has opened Woodmont Knolls at Hanover, a luxury apartment community situated in the heart of Morris County, in the Cedar Knolls section of Hanover Township.
LDG Starts Construction on Houston-Area Affordable Housing
LDG Development has started work on Newport Village, an 80-unit affordable apartment project in the East Texas town of Crosby. The property will offer one-, two-, and three-bedroom units to income-restricted families.
Economy Watch: Economic Worries a Drag on Housing
Americans’ concerns about the direction of the economy and their household income appear to be weighing on housing growth, according to Fannie Mae’s May 2014 National Housing Survey.
TODAY’S DEALS: Denver Sale Breaks Price Per Square Foot for Uptown Neighborhood
An ARA-brokered boutique apartment sale sets a price per unit record in Denver’s Uptown neighborhood; Greystone provides $36.7 million refinancing for a skilled nursing facility in Hollis, N.Y.; and Radco acquires a property for $6 million and plans a $3 million upgrade.
Prime Property Investors Buys Houston-Area Apartments
Prime Property Investors has acquired a 306-unit apartment community in metro Houston for an unspecified price.