Regions
Del Sano Breaks Ground on Two MF Projects in Less Than a Week
Del-Sano Contracting Corp. has started construction on two major projects in the past week: Kershaw Commons, located in Freehold, N.J., and The Village at St. Peter’s located in Pleasantville, N.J.
Trulia/Harris Report: Nearly One-Third of Renters Say They’ll Never Be Homebuyers
Twenty-seven percent of renters have absolutely no plans of ever becoming homebuyers.
Campus Living Villages Launches ‘Impact Challenge’ Program Targeting Hunger and Water Quality Issues
Houston–The goal of the Impact Challenge initiative is to collect 20,000 pounds of non-perishable food and $20,000 earmarked for clean drinking water.
DEAL OF THE DAY: Colliers Participates in Sale of Multifamily Property in Calif. for $448,889/Unit
San Clemente, Calif.–Colliers International directed the sale of a three-building, nine-unit apartment complex located at 265 W. Marquita here. The transaction was valued at $4,040,000 or $448,889 per unit.
New Marketing Team Turns Leasing Around at East Harlem’s 1,230-Unit Riverton Square
New York, N.Y.–Developed in 1944, Riverton Square encompasses 12 buildings stretching from Fifth Avenue to the Harlem River.
The Continental Group Promotes Tim O’Keefe to CEO and Rob Rabin to COO
Hollywood, Fla.—Property management company The Continental Group (TCG) has promoted Chief Operating Officer Tim O’Keefe to Chief Executive Officer, and Rob Rabin will assume the position of COO after serving as CFO for two years. O’Keefe takes over the top role at the company from Tom Roses who announced his retirement earlier this year. O’Keefe joined TCG in 2009 as COO and has made significant contributions to the company’s operational processes. Prior to TCG, O’Keefe served over 20 years in senior leadership roles, most recently as senior vice president of Resolve Corp., a former FirstService company that managed corporate marketing and…
DEAL OF THE DAY: HFO Announces Sale of Apartment Complex for $17M or $77,273/Unit
Clackamas, Ore.–HFO Investment Real Estate brokered the sale of the Twin Creeks Apartments, a 220-unit apartment complex built in phases starting in 1996 and completed in 1999.
The Making of Multifamily LEED Silver in New Jersey
MHN talks to Edward Walters Jr., founder and partner at the Walters Group, about the property and his firm’s further plans for building another multifamily property that will be entirely solar powered.
San Francisco’s Condo Market on Upswing Again After June’s Decline
an Francisco–The economic crisis did not bruise San Francisco as badly as certain other major California cities like Los Angeles and San Diego, so its condominium market has not fared as poorly during the downturn.
MHN Interview with Armand Brachman: Acquisitions Will Be Significant Part of Dominium’s Growth in Foreseeable Future
Armand E. Brachman talks to MHN about Dominium’s acquisition strategy and how development has taken a back seat in the firm’s growth plans in recent years.