Northeast
$22 Million Investment for Boston Transit-Oriented Development
Tremont Realty Capital, a national real estate investment and advisory firm, recently secured funding for the acquisition and development of Metro at Wilmington Station.
Maryland Multifamily Project First to be NGBS Silver Certified
The Haven at Odenton Gateway has obtained a National Green Building Standard silver certification for a multifamily project. It’s the first development in the state of Maryland to earn such a certification.
MHN Interview: Company Pledges $750,000 to Support Affordable Housing Development
Enterprise Community Partners recently announced it will offer $750,000 in grant support to fund supportive and senior housing development. MHN talks to Victoria Shire, deputy director, neighborhood initiatives, Enterprise, about this new initiative.
AVR Homebuilders Captures Prestigious Energy Star Award
AVR Homebuilders, a division of AVR Realty Company LLC, was one of two residential developers in the United States to be awarded a 2012 Energy Star Partner of the Year-New Home Builder award by the U.S. Environmental Protection Agency.
MHN Interview: Rose Associates’ Unique Approach to Developing The Sheffield
MHN talks to Jack Levy of Rose Associates, who explains why, unlike with most buildings, The Sheffield’s amenities were developed last.
TODAY'S DEALS: Praedium, Grubb Acquire Charlotte Asset
The Praedium Group and Grubb Properties buy a 456-unit community; IRET acquires two properties in Lincoln, Neb.; and NorthMarq Capital arranges a seven-year, $26.4 million mortgage through Freddie Mac.
Report Reveals Favorable Multifamily Prospects For the Foreseeable Future
A recent report by TD Economics, an affiliate of TD Bank, confirms the generally positive state (for landlords) of the U.S. multifamily housing market.
Accelerated Marketing Partners Collecting Sealed Bids for Jersey Shore Properties at Coastal Colors
Accelerated Marketing Partners will conduct a sealed-bid auction for the last three remaining luxury townhomes at Coastal Colors, an oceanfront resort community in Wildwood Crest, N.J.
Condo Finds Success By Appealing to Adults and Their Children
The Corcoran Sunshine Marketing Group recently announced sales over $59 million at 515 East 72, a luxury condo building on the Upper East Side.
Report Sees Greater South Atlantic Development Opportunity
Construction activity slumped markedly during the recession, resulting in good near-term opportunity for increased building of multifamily housing in every state.