Operations & Technology

Equus Capital Acquires Raleigh Multifamily Portfolio for $36M; State Denies Raleigh’s $38M Offer for Dorothea Dix Property

Equus Capital Partners, a private equity firm based in Philadelphia, has recently acquired three multifamily properties in Raleigh from a joint venture of Silver Companies and McCann Realty Partners.

Social Media Takeaways from the US Airways Pornographic Twitter Incident

US Airways recently accidentally tweeted an inappropriate image to a customer. Property managers could get some takeaways for their community’s social media pages from this incident.

White Plains Housing Authority, Jonathan Rose Companies to Develop $42.18M Affordable Housing Community

The White Plains Housing Authority in partnership with Jonathan Rose Companies has broken ground on a $42.18 million affordable housing community, The Prelude, in the first phase of efforts to revitalize at the Brookfield Commons campus in White Plains, N.Y.

OzProp Selects Yardi Voyager 7S in Australia

Yardi announced today that Australian wholesale real estate investment trust manager OzProp selected Yardi Voyager® as its new property management and accounting platform.

Multi-Housing Refinancing Dilemma: Pay Now, Or Lock In Later?

Should an investor shoulder that pre-pay penalty now and refinance, or does it make sense to wait a year or two?

County unveils new regional communications system, center

With a simple turn of a knob on their radio devices, more than 30 public-safety agencies — including the Tucson Police and Fire departments, the Pima County Sheriff’s Department and seven county hospitals — have the ability to communicate with one another during emergencies now that the county’s regional communication system and center have been […]

Sacramento Affordable Housing Community Receives Grant for Green Upgrades

Mutual Housing California has been awarded a $5,000 grant from the Bank of Sacramento in order to make green renovations at Greenway Village Mutual Housing Community, a 54-unit affordable housing community located in South Sacramento, Calif.

PROFILE: Corporate Housing Firm Connects Luxury Condo Owners to Extended-Stay Market in New York City

Companies today are eager to hire temporary workers. And that is a boon for the corporate housing sector, says Suzanne Miller, president of Empire State Properties.

Bijou Properties, Intercontinental Break Ground on New Development

Ground has broken on an $83 million luxury multifamily project in Hoboken, N.J., via a joint venture between Bijou Properties and Intercontinental Real Estate Corp. The project, 900 Monroe, is located next to the 9th Street Light Rail Station.

ULI Spring 2014: The Business Case for Resilience

As the frequency and intensity of catastrophic natural disasters increase, the real estate community has shifted a focus on how to build and retrofit cities to withstand their impacts.