Regions
Will Renter Demand be Even Stronger in 2012? Industry Says Yes
Despite tepid job growth, net absorption in the apartment market continues, according to Hessam Nadji, managing director of Marcus & Millichap Real Estate Investment Services.
Ground Broken For Santa Clara County Affordable Housing
Ground has been broken for the Franklin Street Family Apartments. The property includes apartments affordable to families with annual incomes at or below 50 percent of the Santa Clara County area median income.
Joint Venture to Yield Three Multifamily Communities in Colorado
Could Colorado Springs, Colo., be the next hot spot for multifamily? Western National Group (WNG), which partnered with Nor’wood Development Group, sure believes so, with three multifamily projects in the works in that area.
NMHC TECH SPECIAL REPORT: Futurist Urges Apartment Industry to Adopt ‘Storytelling’ and ‘Customization’
“How are our residents changing and how do we need to change the way we design and market our communities?” asks author Jack Uldrich during the 2011 NMHC Apartment Operations and Technology Conference & Exposition.
Affordable Seniors Redevelopment Near Completion in SW Chicago Suburbs
The full renovation of the Thornwood House Apartments in southwest suburban University Park is nearing completion. The affordable rental apartment building includes units designed for seniors 62 years or older and persons with disabilities.
Roseland Kicks Off Two Projects for Zealous Buyers and Renters in Weehawken, N.J.
The apartment sector is booming across the country, but in Weehawken, N.J., condominiums are king, too. With two new luxury projects, Roseland Property Co. is giving the people everything they want.
TODAY’S DEALS: Gotham Breaks Ground on $520M Manhattan Development
Gotham Organization Inc. breaks ground on a neighborhood-changing development in Manhattan; Beech Street Capital provides an $11.2 million loan for a community in Orlando; and Essex Realty Group sells two vintage apartments in Chicago.
Affordable Housing Drawing Garners Interest for Developer
How do you handle the high demand for affordable housing units while remaining fair to the interested residents? Atlanta BeltLine Inc. has a solution–hold a drawing.
TODAY’S DEALS: IPA Closes Luxury Apartment Sale
AMLI Residential buys a luxury community in a Dallas suburb; Federal Capital Partners buys a 170-unit community in Maryland; and ARA brokers the sale of a 112-unit property in Colorado Springs.
PROFILE: Harrison Street Real Estate Capital LLC
What sectors of the multifamily industry enjoy the most consumer demand and are the most resilient? Answer that question and you have named the strategy of Harrison Street Real Estate Capital LLC: Harrison Street believes that those two sectors are precisely student and seniors housing.