Regions
Tavaci Road at Center of Yet Another Cottonwood Heights Dispute
By Alex Girda, Associate Editor Cottonwood Heights is facing another issue just a few weeks after developer Terry Diehl filed a petition to disconnect his Tavaci development from the city and make it part of Salt Lake County. The main reasons for his desired shift were the ability for a higher housing density and to […]
TODAY’S DEALS: North Carolina Community Trades Hands for $28.5M
ARA brokers the sale of a 300-unit asset; Westdale Investment Partners buys a 210-unit community in Charlotte, N.C.; and HFF secures a $34.5 million participating construction loan.
Brooklynites Can Find It Easy To Be Green With New Condos
Brooklyn is getting greener. Warren Lewis Realty just announced preview sales for Jade 8, an environmentally friendly condominium in Gowanus, Brooklyn.
Housing Remains More Affordable Than Before, Including For-Sale Multifamily
The National Association of Home Builders reports that its NAHB/Wells Fargo Housing Opportunity Index, which tracks residential affordability nationwide and in various metro markets, indicates that housing affordability during the third quarter of 2011 hovered near its highest level in the more than 20 years since the index was created.
Strong Buyer Interest Witnessed at M at Englewood South
The new community of upscale condominiums called The M at Englewood South is generating high levels of interest from buyers.
TODAY’S DEALS: Kennedy Wilson Acquires Portland Asset for $29.5M
Kennedy Wilson buys a 198-unit community in Portland, Ore.; Red Capital Markets deploys a $6 million bond for an affordable development in Ohio; and NorthMarq Capital arranges a $14.3 million construction/mini perm loan.
Student Housing Under Way in Georgia
Work is under way on Forum at Statesboro, a new-construction, 780-bed student housing project by Parkland Development Corp. The property will provide units to students at Georgia Southern University in Statesboro.
MHN INTERVIEW: Former HUD Secretary Henry Cisneros on the Bipartisan Housing Commission
MHN talks with Henry Cisneros, a former HUD Secretary and current chairman of CityView, about the goals of the newly launched Housing Commission and his projections for the future of the industry.
Unique Affordable Housing Project for Formerly Homeless and Incarcerated Women Gets Funding
Formerly homeless and incarcerated women and their families have few options for affordable housing, but a group of private and public organizations has come together to develop the $9.4 million Hour Apartment III to help address the problem.
$100M Manhattan Apartment Project in the Works
Manhattan renters are growing hungrier for accommodations, and Multi-Employer Property Trust is ready to help satiate their appetite.