Operations & Technology
Knoxville Multifamily Development Wins HUD Accolade
Knoxville–The under-construction Residences at Eastport in Knoxville has been chosen by HUD as a Region IV Signature Project under the federal Sustainable Communities Initiative.
First Response to Tornado Damage at Alabama Seniors Community
The day after tornados flattened parts of Alabama, Lane Management personnel arrived in storm-ravaged Tuscaloosa, Ala. to assist the residents of Chastain Manor.
First Response to Tornado Damage at Alabama Seniors Community
The day after tornados flattened parts of Alabama, Lane Management personnel arrived in storm-ravaged Tuscaloosa, Ala. to assist the residents of Chastain Manor.
Affordable Seniors Housing Meets Green Certification in the Bronx
Bronx, N.Y.–Serviam Gardens II, a 158-unit affordable seniors housing community, is the first in the Bronx to reach completion with Enterprise Green Communities Certification.
TODAY’S DEALS: Donaldson Group and Angelo, Gordon Acquire 599-Unit Property
The Donaldson Group finalizes the acquisition of a 599-unit community in Forestville, Md.; NorthMarq Capital arranges a $32M mortgage via a life insurance company; and Prometheus expands its management role in the Pacific Northwest with three new properties.
Determining Rental Leniency in the Wake of a Foreclosure Boom
Over the past few years, many property management companies relaxed their screening standards. Their thinking was that thousands of long-time renters were victims of the last decade’s home mortgage mania.
Managing the Rising Costs of Water
By the year 2013, 36 states are expected to face a water shortage, and the rate at which costs are expected to rise will require new solutions to resource management.
Create Value by Improving Customer Satisfaction
As the industry ramps up for the next development boom, existing communities need to focus on staying competitive.
Green Modular Carpet Company Makes Internal Strides in Sustainability
Atlanta–Interface Inc., which designs and manufactures a sustainable modular carpet product, spent the last 12 months making its green operations even greener and has now gone public with its accomplishments.
TODAY’S DEALS: HFF Arranges $59.5M for Multifamily Development in San Diego
HFF arranges a $59.5 million construction and mezzanine loan for a multifamily development in San Diego; Marcus & Millichap sells a 121-unit property in Santa Clara, Calif. for $31.4 million; and Invesco Real Estate acquires a 32-story property in Manhattan.