Operations & Technology
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.
Regency Club Apartments Sale Closes
In a $44 million deal announced recently, Regency Club Apartments in Jackson, N.J. sold to Gaia Real Estate Investments, LLC, and partners Phoenix Realty Group and Harel Insurance.
Profile: Jonathan Rose Companies
New York–Here is an investment strategy with a difference: Jonathan Rose Companies is looking to purchase apartment properties–affordable apartment properties, that is.
MHN Interview: A Look at the Nation’s First Zero-Energy, Carbon Neutral Homes
An interview with the project manager of the innovative zHomes, a new zero-energy, carbon neutral apartment community.
Escondido Workforce Housing Completed
The Crossings at Escondido in San Diego County offers workforce housing to tenants earning between 30 percent and 60 percent of area median income.
Richfield Picked to Manage Hotel Component of Marquis Residences
Africa Israel USA has hired a new property manager for Tempo Miami, a 56-room luxury hotel that’s part of the 67-story Marquis Residences, a late-2000s Miami condo development.
Green Rehab Completed on Harlem Apartments
Jonathan Rose Cos. has completed renovation of a group of occupied multifamily properties stretching from 107 to 145 West 135th Street in Harlem.
Luxury Property Jardin to be Reintroduced in a Condo-Hungry Brooklyn Neighborhood
Jardin, an upscale 44-unit condominium property that reached completion in 2007 just as the housing industry collapsed, is returning to the market.