Regions
Apartments and the International Investor
While apartments were relatively unknown as an investment class in the 1980s, risk-return characteristics have proven solid overtime, and now everyone wants a piece of the North American multifamily market.
Chozick Realty Brokers 96-Unit Student-Oriented Community Near UConn
Chozick Realty announced that it has brokered the sale of the 96-unit Orchard Acres Apartments community located near the University of Connecticut in Storrs, Conn.
Grand Peaks Begins Work on Denver-Area TOD
Construction is under way on Elevation at County Line Station, a 265-unit apartment property in Englewood, Colo.
The LaSalle Group Names Sherry Daughtery Director of Finance
The LaSalle Group, Inc., a national leader in memory care, has announced the recent appointment of Sherry Daughtery as the company’s director of finance.
TODAY’S DEALS: Hayman Buys 1,002-Units in Ann Arbor
Hayman Company buys two adjacent apartment assets in Michigan; NorthMarq closes a $30 million construction loan; and HFF closes sale of, and secures financing for, AEW, Marquette’s Chicago property.
Franklin Street Appoints Danny York to President of Capital Advisors Division
Franklin Street has appointed Danny York to president of its Capital Advisors (FSCA) division.
Wood Partners to Build 2 Washington in Boston Suburb
A 94-unit apartment community named 2 Washington, to be developed by Wood Partners, is planned for Melrose, Mass., a Boston suburb.
Economy Watch: Existing Home Sales Edge Down in March
The National Association of Realtors reported that total existing U.S. home sales dropped 0.2 percent to an annualized rate of 4.59 million units in March, compared with 4.6 million in February.
Marietta,Ga.-Based Marketing and Training Director Awarded Scholarship to Attend NAAEI Leadership Training
The National Apartment Association Education Institute (NAAEI) has selected Melissa White, director of marketing and training for GFI Management Services, Inc., as the recipient of the first Alexandra Jackiw Leadership Scholarship, which supports leadership training for minority employees working in the apartment industry.
CHW to Break Ground on Green Affordable Housing Community in Vista, Calif.
Community HousingWorks will hold a ground breaking ceremony to kick off construction on its latest development, North Santa Fe Apartments.