Operations & Technology
Markham Gardens Becomes Staten Island’s First LEED Silver Community
Staten Island, N.Y.–Markham Gardens, a 289-residence, mixed-income community, becomes Staten Island’s first LEED-certified housing development.
Post Investment Group Breaks Ground on Metro Little Rock Apartments
North Little Rock, Ark.–Construction has begun on Riverside at Rockwater, a 264-unit apartment property that is part of a mixed-use redevelopment on the site of a former industrial facility.
New Artist Housing Fitted with Green Roof
Washington, D.C.–Volunteers are taking to the roof of Brookland Artist Lofts on Friday in Washington D.C. to add sustainable features to the property’s roof.
GROHE Unveils Blue Collection of Faucets
GROHE has introduced a new line of faucets that gives users the choice of drawing either filtered, still or sparking water directly from the kitchen.
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.