Regions
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.
New LCOR Apartments Begin Move-Ins
Residents have started to move in to 250N10, a new-construction rental property in the Williamsburg neighborhood of Brooklyn.
TODAY’S DEALS: Harbour Realty Partners Sells Oregon Asset
ARA brokers a 278-unit sale just outside Portland, Ore.; and HFF arranges financing for a mixed-use development that will serve as a focal point at The College of New Jersey.
TriBridge Residential Opts for Full Yardi Multifamily Solution Stack
Needing a comprehensive technology solution to effectively manage its business operations and provide detailed reporting to investors and clients, TriBridge selected Yardi Voyager ® as its new Software as a Service core property management and accounting system, along with the Yardi Marketing Suite ™ and Yardi Multifamily Suite™.
Prism Capital Partners Redevelops NJ Landmark Warehouse into Luxury Apartments
Prism Capital Partners has redeveloped a century-old landmark from a six-story warehouse into Parkway Lofts, 361 beautifully appointed loft-style apartments in Bloomfield, N.J.
Economy Watch: Leading Economic Indicators Spike in March
The Conference Board reported that its Leading Economic Index was up in March (and its Coincident and Lagging Indexes were up, too).
HFF Arranges Debt Construction Financing, Joint Venture Equity for Class A Community
HFF has announced that it has brokered the debt construction financing and joint venture equity for NOVUS Odenton Station in Odenton, Md. The borrower is NOVUS Residences, which is targeting completion of the Class A, transit-oriented community by early 2015.
Pennrose Awarded ‘2014 Healthiest Employer’ Award for its Progressive, Employee Wellness Program
For the third year, Pennrose has been honored with a “Healthiest Employer” Award by the Philadelphia Business Journal.