Operations & Technology
Hitting Bottom: A Look at Multi-Housing in Florida
Florida is seen as the poster child for the condo conversation craze, a term that makes Jack McCabe cringe, even though he doesn’t think the market will stabilize until 2013.
Campus Advantage Achieves Student Housing Industry Milestone
Campus Advantage recently announced a 45 percent returning resident ratio for the 2011-2012 school year among its managed student housing portfolio–a percentage that’s unprecedented in the student housing industry.
Oklahoma City Apartment Property Seeks Buyer
Recently ARA was tasked to take the 708-unit Lincoln at Central Park apartment property in Oklahoma City to the investment market to look for a buyer, and has ‘found interest from most every investor type.’
Editor’s Note: The Industry Steps Out to Celebrate the MHN Award Winners
Editor-in-Chief Diana Mosher discusses the winners of the 2011 MHN Excellence Awards.
InSinkErator Makes Environmental Impact at Midwest’s Near-Zero Waste Music Festival
InSinkErator, a manufacturer of food waste disposers, enabled more than 7,000 attendees at Milwaukee’s Rock the Green festival Sept. 18 to “give back” by sending approximately 1,200 pounds of food scraps to the local wastewater treatment plant to be converted to renewable energy and fertilizer.
New Luxury Minneapolis Apartment Lures Young Professionals
The Nicollet Building, a 33-story high-rise in Minneapolis, will offer amenities aimed at pleasing young professionals.
Florida-Based Bainbridge Expands Into Triangle Apartment Market
Wellington, Fla.-based Bainbridge Cos. has opened a new office in Cary, N.C., with a goal of expanding its operations in the Triangle apartment market (Raleigh, Durham, Chapel Hill and environs, also known as the Research Triangle).
Portland Pair Taps Thriving Employment Centers
Two new Portland-area apartment communities that broke ground last week are strategically sited to leverage burgeoning employment centers and heavily-used transportation hubs.
Energy-Efficiency Loans See Few Defaults, But Banks Still Mostly Not Interested
Washington, D.C.–A new report by the American Council for an Energy-Efficient Economy (ACEEE), “What Have We Learned from Energy Efficiency Financing Programs?” finds that energy-efficiency loan programs for building upgrades have exceedingly low default rates, ranging from 0 percent to 3 percent. The report drew its conclusion from a review of 24 energy-efficiency loan programs.
Chicago’s Lake Shore Drive to Sprout 500-Unit Luxury Apartment Tower
A new residential high-rise will soon grace the skyline of Chicago, now that Related Midwest has kicked off construction of a 45-story luxury apartment building on a one-acre, block-long site at 500 Lake Shore Drive.