Northeast
Centerline Capital Group Closes Conduit Financing of Retail Center
Centerline Capital Group, traditionally a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of Centerline Holding Company, announced it has closed on its first non-multifamily financing after recently re-entering the CMBS loan market.
AIA and Perkins Eastman ‘Design for Aging Review’ Explores Senior Housing Best Practices
What are the best practices and emerging ideas in senior housing design? The Perkins Eastman Research Collaborative explores this question in its recently released “Insight and Innovations: The State of Senior Housing.”
Pamela Bennett Elected 2013 President of the Association Executive’s Council of the National Apartment Association
Pamela M. Bennett, CAE, CAM executive director of the Apartment Association of Greater Philadelphia has been elected 2013 President of the Association Executive’s Council of the National Apartment Association.
Arbor Appoints Zachary Rechler as Director in New York Office
Arbor Commercial Mortgage LLC announced the appointment of Zachary Rechler as director in the company’s New York City office.
Supportive Housing for Veterans Planned for N.J. Multifamily Community
The Architectural Team has designed Valley Brook Village, a planned 62-unit veteran supportive multifamily community in Lyons, N.J., which will offer on-site resident services including a variety of individually tailored outpatient treatment and job training programs.
Urban American Management Expands Veterans Housing Initiative
Urban American Management created VHI two years ago in response to reports of veterans who are unable to find affordable housing when they returned to civilian life, which in some cases leads to homelessness. In addition, qualifying veterans of Iraq and Afghanistan and current service members remain eligible for free rent in the first month of their leases.
September New York City Multifamily Transactions Decline
A modest decline was witnessed in New York City multifamily transactions during September, according to Ariel Property Advisors’ Multifamily Month in Review: New York City.
Cooper Square Realty to Manage New Rochelle, N.Y., Luxury Building
Cooper Square Realty announced that it has been selected to manage The Lofts at New Roc, located in New Rochelle, N.Y.
‘Wow’ the Word for N.J. Program Saluting Veterans’ Service
Villas at Piscataway, a Piscataway, N.J., mixed-use development, has unveiled a unique initiative to make its luxury apartments affordable for military veterans.
Pennrose Properties and dmhFund Team for First Philadelphia LGBT-Friendly Seniors Community
Pennrose Properties and The Dr. Magnus Hirschfeld Fund have begun construction on William Way, the first urban LGBT-friendly affordable senior housing development, in Philadelphia’s “Gayborhood” section.