Regions
Georgia to Require Submetering in All Multi-Housing Communities
The state of Georgia has become the first state to require by law the sub-metering of multifamily, commercial and industrial buildings.
Gus Remppies Appointed President of Grubb & Ellis Apartment REIT
Grubb & Ellis Apartment REIT, Inc. has appointed Gustav G. “Gus” Remppies president of the company, effective immediately. Stanley J. “Jay” Olander, who had served as president since
Evergreen Equity Seeking Southern Multifamily Properties
Evergreen Equity Partners is going shopping for multifamily properties in the South, including Florida, North Carolina, South Carolina, Alabama and Texas.
New LEED Platinum Apt. Building in Conn. Opens Leasing Office
Residential leasing has begun at 360 State Street
DEAL OF THE DAY: Franklin Street Brokers Bank Sale of 10%-Occupied Property
Franklin Street Real Estate Services facilitated the sale of the 20-unit Parkview Apartments, which had been foreclosed on by the lender more than one year ago. The property had a variety of physical and operational challenges and was 10 percent occupied at the time of sale.
MARKET SNAPSHOT: Condo Prices in San Francisco on the Rise
The San Francisco condo market is running out of inventory, according to Alan Mark, founder and president, The Mark Company, a San Francisco-based residential sales and marketing firm, who also predicts that there won’t be any new inventory under $1 million by the end of the year.
MHN Interview with Jeff Adams: Biggest Change for Affordable Housing is LIHTC Drying Up
While real estate in general has languished
Melrose Commons Earns First Stage II LEED-ND Silver in NYS
The United States Green Building Council (USGBC) has awarded LEED
DEAL OF THE DAY: NorthMarq Completes $38M in Co-op, Perm & Acquisition Financing
NorthMarq Capital arranged an $8,900,000 permanent loan
Jones Lang LaSalle Appoints Three New Execs to Lead Americas Real Estate Investment Banking Platform
Jones Lang LaSalle has hired Thomas O. Fish, Michael J. Melody and Thomas J. Melody to lead its Americas Real Estate Investment Banking (REIB) business