Regions
Apartment Markets Continue Expansion in July NMHC Quarterly Survey
Apartment markets continued to expand in the second quarter of 2014, as growth accelerated in all four indexes in the National Multifamily Housing Council Quarterly Survey of Apartment Market Conditions.
Sales of Foxford Communities’ Suburban Chicago Condos Reach Midway Point
Demand for condos isn’t just a city phenomenon: Medinah on the Lake, a condo conversion in the northwest Chicago suburb of Bloomingdale, has sold more than half of its 72 units since sales began in March, according to developer Foxford Communities.
Zaha Hadid Receives Design of Year Award from the London Design Museum for Heydar Aliyev Center in Baku
Zaha Hadid was recently awarded with the Design of the Year award by The London Design Museum for the Heydar Aliyev Center in the capital of Azerbaijan.
Alliance Residential Promotes Key Leaders
Alliance Residential announced the promotions of V. Jay Hiemenz to president and chief operating officer, and Bob Weston to chief financial officer.
PRIME Hires VP of Student Housing
PRIME Multifamily Investors today the appointment of Lori Butler to the role of vice president of student housing for the company.
Remodeler Confidence Regains Momentum, Says NAHB
The National Association of Home Builders’ Remodeling Market Index rose three points to 56 in the second quarter of 2014, regaining the momentum built in 2013. This is the fifth consecutive quarter for an RMI reading above 50.
SLR to Open Austin Luxury High Rise
StreetLights Residential is opening The Catherine, 300 luxury apartment homes in Austin Texas.
Economy Watch: Mortgages in Foreclosure Drop Steeply Since ’13
Black Night reported that the number of delinquent U.S. residential loans increased slightly in June compared with May, but is down 15 percent year- over-year.
Montroy Andersen DeMarco Hires David J. Stuart, AIA as Studio Director
David J. Stuart, AIA has joined the prominent New York City architecture, design, and planning firm of Montroy Andersen DeMarco (MADGI) as studio director.
CDT Reaches $1B in Cumulative Investments on Organization’s 15th Anniversary
The nation’s first and largest private REIT, Community Development Trust, has announced that it has surpassed the $1 billion mark in cumulative investments in affordable housing after closing on a $40 million portfolio in California. The accomplishment coincides with the organization’s 15-year anniversary.