Operations & Technology
Historic Rehab Uses 1000-Plus Energy-Efficient Windows
In an example of a major green upgrade to an old multifamily structure, Community Housing Concepts and the Monroe Group, owners of the Castle Park Apartments complex in Normandy, Mo., have overseen the installation of about 1,100 new energy-efficient windows during the major rehabilitation of the structure.
TODAY’S DEALS: Ariel Property Advisors Sells Nine-Building Multifamily Portfolio For $33.25M
Ariel Property advisors sells a nine-building multifamily portfolio for $33.25 million; and NorthMarq Capital arranges $27.7 million through a life insurance company.
SPECIAL REPORT: The Importance of EQ for Property Managers
At the recent National Apartment Association Education Conference and Exposition in Boston, Susan Sherfield and Christopher Reed of Mercy Housing led a session called “Did I Just Say That Out Loud?,” which presented why it is critical for property managers to improve their emotional intelligence.
ApartmentRatings.com Owner Internet Brands Acquires SatisFacts Research
Internet Brands recently announced the acquisition of SatisFacts Research, a resident feedback, performance monitoring and retention enhancement service provider. SatisFacts will be combined with ApartmentRatings.com, an Internet Brands property.
Blue Rock Wins Financing For Kissimmee Multifamily Deal
Apartment owner Blue Rock Partners LLC has closed on a $6.55 million acquisition and bridge loan for the Woodside Apartments in Kissimmee.
SPECIAL REPORT: Improving Performance Through Personal Accountability
At the recent National Apartment Association Education & Exposition in Boston, Andrew Botieri, Total Peak Performance, presented a session titled “Improving Performance Through Personal Accountability,” which described the importance of taking responsibility at your property.
TODAY’S DEALS: Affordable Green Project Opens in Newark
RPM’s LEED certified affordable asset opens; a $10 million mixed-use site hits the Miami market; and Johnson Capital’s Dallas office arranges bridge, acquisition and rehab loans in Texas and Kansas.
Brooklyn Heights Condo Project Reports Brisk Sales
The appetite for condos seems to be back in certain markets, such as parts of New York, if buyers’ enthusiasm for buying them is any indication.
NWP Services Corporation and Spherexx.com® Form Strategic Alliance to Increase Yield Per Unit for Apartment Communities
NWP Services Corporation (NWP) and Spherexx.com announced a strategic alliance to provide improved rent yield options and payment services to apartment communities nationwide that will generate increased revenue for property owners and managers.