Regions

New Green Developer Transforms Brownfield into Residential Project in Oberlin, Ohio

Oberlin, Ohio–Sustainable Community Associates Inc., a newly established real estate company, has just completed its first project, a Brownfield reclamation endeavor that has resulted in a new mixed-use residential property in Oberlin, Ohio.

DEAL OF THE DAY: NorthMarq Arranges $10.35M in Capital Markets, Early-Rate-Lock Execution

Lakeside, Calif.–NorthMarq Capital completed a first mortgage financing of $10.35 million for Stoneridge Apartments, a 132-unit multifamily property located at 12840-12854 Mapleview Street in Lakeside, Calif.

Apartment Property in Hoboken Gets LEED Gold Certification, A First for its Developer

Hoboken, N.J.–Berkshire at the Shipyard, a new 93-unit apartment building in Hoboken, N.J., has just achieved LEED Gold certification from the U.S. Green Building Council.

MHN Interview with Ken Ryan: TODs Are about Choice, Not Sacrifice

Ken Ryan of KTGY Group talks to MHN about the issues that are impacting sustainable transportation solutions, transit-oriented developments/districts (TODs) and the challenges in accomplishing the design and pragmatic goals for a TOD.

DEAL OF THE DAY: Wood Partners and Area Property Acquires Condo Construction in Miami

Miami–Wood Partners and AREA Property Partners have closed on the acquisition of Terrazas River Park Village, a 324-unit Class A property along the Miami River.

Multifamily Starts Up From Last Year, But Still Sluggish

Washington, D.C.–Housing starts edged upward unexpectedly in September.

Post Makes First Move Outside of Texas with 403-Unit Apartment Purchase in Louisiana

Los Angeles–Post Investment Group Inc. has just made its first multifamily investment beyond the borders of the Lone Star State with the acquisition of Quail Creek Apartments, a 403-unit residential community in Shreveport, La.

DEAL OF THE DAY: Berkadia Originates $7.5M Refi for Mixed-Use Property on Behalf of ING Financial

Santa Cruz, Calif.–Berkadia Commercial Mortgage originated $7,500,000 in permanent, fixed-rate debt for the refinance of 1200 Pacific Avenue, a mixed-use property in Santa Cruz, Calif.

Condos Lead NYC Residential Rebound

New York–New York’s residential sales market, led by condos and cooperative apartments, continued its rebound during the third quarter of 2010.

Property Managers Use PooPrints to Get Pet Owners to Clean Up after Their Dogs

Knoxville, Tenn.–PooPrints is a dog DNA identification program from BioPet Vet Lab built on a solid scientific foundation.