Northeast
Todd Trehubenko Becomes CEO of Recap
Todd Trehubenko, president of Recap Real Estate Advisors (Recap) will step in as the new CEO
DEAL OF THE DAY: Two Senior Housing Communities Sold for $43M
Marcus & Millichap Real Estate Investment Services has brokered the sale of two seniors housing residences.
Staten Island Homebuilder Announces Buyer Credit Program
Leewood Real Estate Group has announced it will offer a credit program for buyers of its apartments.
Robbinsville Town Center Wins Smart Growth Award
Sharbell Development Corp. and architectural firm Feinberg & Associates P.C., along with the town of Robbinsville, N.J., have won the 2010 New Jersey Future Smart Growth Award.
44-Story Luxury Residential Project Coming to Newark by 2013
The project will break ground next year.
DEAL OF THE DAY: Boston Capital Invests in Affordable Multifamily Development in Somerville, Mass.
Boston Capital invested in Clarendon Hill Towers, a 501-unit multifamily development in Somerville, Mass. Boston Capital provided the tax credit equity for the development and partnered in the rehabilitation with the Clarendon Hill Towers Tenant Association and Connolly & Partners.
NAA Hires Greg Brown as VP of Government Affairs
The National Apartment Association (NAA) has hired Greg Brown as its vice president of government affairs.
JBG Companies Says New Luxury Rental Will be Smoke-Free
The Alaire at Twinbrook Station, a new development by JBG Cos., will be a smoke-free community.
Niles Bolton Associates and Rutgers Break Ground on Student Housing Development
Construction has begun on a $39 million, 501-bed student housing complex on the Busch Campus at Rutgers University.
NMHC Survey Finds Strengthening U.S. Apartment Market
According to the National Multi Housing Council’s latest survey of the U.S. apartment market executives, the sales volume of apartment properties is up