Regions
Professor Greens Buildings With Lichens
There are many ways that a large building, including a multifamily structure, can go green. A Rutgers-Camden professor is at work on a new way to green buildings–both figuratively and quite literally–that involves lichen.
MARKET SNAPSHOT: Kansas City’s Predictability Leads Investment Interest to Double
Kansas City, Mo.–Investment interest in the Kansas City metro has nearly doubled, reports Mac Crowther, principal in ARA’s (Apartment Realty Advisors) Kansas City, Mo. office.
Washington, D.C., is Top Investor Choice Again as Tough 2011 Looms: PwC/ULI Survey
In football terms, 2012 promises yet another grinding year of “three yards and a cloud of dust,” according to the annual Emerging Trends forecast from PwC and the Urban Land Institute, which was released Wednesday morning.
Today’s Deals: Hartz Acquires Two Communities in N.J.
CBRE facilitates the acquisition of two communities for Hartz; Behringer Harvard buys a 280-unit property near Fort Lauderdale, Fla.; and Meridian negotiates $46.1 million in financing for multifamily, co-op properties.
NLHA Education Fund Receives Aimco Donation
Aimco has donated $146,000 to the National Leased Housing Association Education Fund to provide higher education tuition assistance to students who live in subsidized housing.
Northbridge Breaks Ground on Assisted Living Community
The Northbridge Companies, an assisted living communities developer, recently announced the groundbreaking of Stonebridge at Burlington, a 110-unit assisted living and memory care community.
High Rise Means Higher Profile for Windy City University
The new vertical campus of Chicago’s Roosevelt University promises to give the Loop-based institution higher visibility on the Windy City higher education scene.
Could Obama’s New Mortgage Plan Solve the Housing Crisis?
Could the changes to the Home Affordable Refinance Plan be the solution to the housing crisis–and economic recession–that we’ve been looking for?
Affordable Seniors Housing Property Wins $1.1M Grant for Rehab
Denton Green Housing, a 113-unit apartment property for low-income seniors in Long Island, will soon get a much-needed makeover now that the property has won a grant from New York State Homes and Community Renewal.
TODAY’S DEALS: JV Breaks Ground on Luxury Tower
Fifield Companies, Wood Partners break ground on a 34-story luxury community in Chicago; Praedium Group, Chartwell Holdings buy a community in Florida for $32 million; and NorthMarq arranges a $28.5 million mortgage for a Class A apartment property.