Regions

Condo Tower to Quit Burning Dirty No. 6 Oil

In January of this year, the New York City Department of Environmental Protection issued a rule that will phase out both No. 4 and No. 6 heating oils in the city.

SPECIAL REPORT: Finding Your ‘Sweet Spot’ to Maximize NOI

Phoenix–To determine pricing in student housing, find your “sweet spot” of leasing and start next year’s rents right below that, advised panelists for “What is Your Rent Model?: Are You Maximizing Rent During Renewal and Lease Up?” at the 2011 NMHC Student Housing Conference & Exposition.

B.E.S.T. Offers Better Student Housing Idea for Rutgers

Rutgers, The State University of New Jersey, unveiled the first new student residence hall to open on its campus since 1994.

Gen-X, Gen-Y Changing the Face of Multifamily Market and Architecture

The apartment sector, which is leading the rebound of the commercial real estate industry, is in the midst of transition, and it’s the growing population of young professionals that is spurring the change.

Palmer Hill Begins Work on New Condos

Palmer Hill Parters has started Phase III, or the East Building, of Palmer Hill in Stamford. The East Building property will offer 27 garden condominiums in five different floor plans, with closings anticipated to take place in spring 2012.

TODAY’S DEALS: Phoenix Community Commands $30.5M

Colliers International and ARA complete a $30.5M Phoenix Transaction; Archstone buys a land parcel in Washington, D.C., which is slated for a 206-unit community; and Jones Lang LaSalle brokers a Nashville apartment sale to a private equity fund.

MHN Interview: Josh Herst, CEO of Walk Score

Josh Herst, CEO of Walk Score, describes how property managers and residents alike can benefit from knowing how walkable an apartment is to nearby amenities.

SPECIAL REPORT: Student Housing Has Arrived; Institutional Investors are ‘Giddy’

The student housing market is healthy and booming, according to industry leaders at NMHC’s 2011 Student Housing Conference & Exposition.

B’nai B’rith Housing Wins 2011 MetLife Foundation Award for Excellence in Affordable Housing

B’nai B’rith Housing New England received a MetLife Foundation Award for Excellence in Affordable Housing for its work with the Covenant House in Brighton, Mass.

MPF Research Confirms Strong Occupancy, Rental Growth for U.S. Apartment Sector

There’s no question that apartments are hot. That’s the takeaway from the latest quarterly report by MPF Research, which found that the national apartment occupancy rate climbed 0.6 percentage points during the past three months.