Operations & Technology
AMCAL Receives Over $16 Million in CTCAC Funding
Agoura Hills, Calif.–The California Tax Credit Allocation Committee was awarded nearly $16.3 million to AMCAL Multi-Housing Inc., a builder of affordable and low-income housing. The funding was provided to help build three new communities across California.
Chicago’s One East Delaware Earns LEED EB Silver
One East Delaware becomes first Chicago apartment property to earn multifamily LEED EB Silver certification.
Chicago’s One East Delaware Captures LEED EB Silver
Chicago–The first Chicago apartment property to earn multifamily LEED EB Silver certification from the U.S. Green Building Council is One East Delaware. The 22-year-old, 36-story, 306-unit upscale tower on the Windy City’s pricey Gold Coast is the nation’s third largest apartment community to gain the certification.
USAA-JLB JV Breaks Ground on Atlanta Apartments
Atlanta–A joint venture between USAA Real Estate Co. and JLB Partners L.P. has broken ground on Buckhead Village, a multifamily property in Atlanta. When complete, the property will feature 373 units in four- and five-story buildings totaling about 345,200 square feet, along with 583 parking spaces.
The Praedium Group Buys Half a Billion in Assets in First Half of 2011
New York–The Praedium Group has been in a bit of a buying frenzy. Acting through The Praedium Fund VII L.P., the New York City-based national real estate investment firm snapped up assets, predominantly multifamily, valued at an aggregate $500 million in the first six months of 2011.
Pittsburgh’s Piatt Place a Model in Green Evolution
Piatt Place, a mixed-use destination with 60 upscale residential condominiums in downtown Pittsburgh, is green to the bone. Completed by Millcraft Industries in 2009, the property is a shining example of how a non-green building can be reincarnated with a sustainable structural material to become a model of green development, and how it can help revitalize a city.
Questions to Ask Before Embarking on a Social Media Plan
Anyone who’s spent time on social media marketing knows the process can get very deep very quickly–and hours can slip by like minutes.
MHN Interview: Pushing Electric Vehicles Forward through Multifamily Partnerships
Michael Farkas discusses the trend of electric vehicles and how multifamily owners and operators can help move the trend forward.
USGBC Joins Global Reporting Initiative as an Organizational Stakeholder
Washington, D.C. –The U.S. Green Building Council (USGBC) has joined the Global Reporting Initiative (GRI) as an Organizational Stakeholder (OS), becoming a member of GRI’s global network of organizations and companies that are committed to transparency, accountability and sustainable development. GRI is a network-based organization that produces a consensus-based, globally used sustainability Reporting Framework, allowing users to produce transparent, fully disclosed reports on environmental, social and governance performance. Working with the United Nations, governments and many prominent companies, GRI is the world’s most widely used corporate social responsibility reporting mechanism. The GRI OS program broadens participation around transparency in sustainability,…
InoviaPods Deliver with Custom Made Prefab Bathrooms
Novi Industries Inc. unveils a new prefabricated bathroom system that can bring a consistent, high-quality product to any residential, student housing, healthcare or hotel development project.