Regions
Duplicative Façade Inspection Legislation Vetoed in New Jersey
N.J. governor Chris Christie vetoed controversial legislation that would require additional inspections of high-rise building facades and exteriors in New Jersey.
NeighborWorks Network Exceeds 90,000 Affordable Rental Units
Rental units owned or managed by the NeighborWorks America network exceeded 90,000 as of the end of September, and the network invested more than $1.3 billion in rental housing during the fiscal year.
Manhattan Apartment Prices Stable in Fourth Quarter
Apartment sale prices in Manhattan barely moved during the fourth quarter of 2011, according to the latest report by Brown Harris Stevens, a specialist in New York residential properties.
TODAY'S DEALS: Seniors Portfolio Hits Texas Market
Marcus & Millichap is awarded the listing rights for a Texas seniors housing portfolio; ARA brokers the sale of a prime land parcel in Denver’s Technological Corridor; and Walker & Dunlop provides a $31.9M Fannie Mae loan.
Rehabbed, Rebranded Property Debuts in Hungry Houston Market
With an eye on value-add opportunities in the bustling Houston apartment market, Marquette Cos. has acquired and rehabilitated The Apartments at Copper Springs, a 376-residence community in the city’s thriving I-290 corridor.
New Brooklyn Residence 25 Percent Sold
Love Lane Mews, a condominium building in Brooklyn Heights, New York, has received its Final Certificate of Occupancy.
TODAY'S DEALS: HFF Closes Class A Sale in New Jersey
Holliday Fenoglio Fowler closes a 704-unit sale in New Jersey; Clarion Partners invests in a development in North Carolina; and Irongate Realty Partners announces the purchase of a non-performing note.
DC JV Begins Mixed-Use Property in Takoma Neighborhood
Federal Capital Partners, Level 2 Development LLC and SGA Cos., have formed a joint venture to develop Takoma Central, a mixed-use project with 156 rental apartment units and ground-floor retail in the Takoma Park.
State-of-the-Art Student Housing Planned in Salisbury, Md.
Almost 700 students will be accommodated at a new student housing community to be built steps from the Salisbury University campus in Salisbury, Md.
TODAY'S DEALS: The Habitat Co. Breaks Ground on 450-Unit Chicago High-Rise
The Habitat Company begins a 450-unit development in Chicago; Centerline Capital refinances a Pittsburgh asset; and Meridian negotiates financing in Manhattan, Brooklyn, Queens and Westchester County, N.Y.