Property Types
INNOVATIVE Restructures to Create Additional Focus on Conventional Multifamily Communities, Hires Dana Caudell
INNOVATIVE Real Estate Companies has restructured to create additional emphasis on conventional multifamily in addition to student housing. INNOVATIVE’s principals—Doug Sherman, Michael Augustine and Jared Miller—are positioning the company for a period of strong growth in both sectors.
Lifescapes Completes Vegas-Style Apartment Rooftop in SoCal
Lifescapes International has completed a one-acre rooftop design at the Marke, a new apartment property in Orange County developed by Lyon Communities.
18 Park Now Displaying Andrew Zuckerman Art
The KRE Group and Ironstate Development Company have announced that their development 18 Park in Jersey City, N.J., is now displaying the work of renowned photographer Andrew Zuckerman in its lobby and other amenities spaces following the purchase of four of the artist’s works.
Melo Group Begins Sales for New Miami Development
Miami-based real estate development company Melo Group has announced that it has kicked off sales for its newest downtown Miami project, Aria on the Bay.
TODAY’S DEALS: TIAA-CREF Buys D.C. Apartment Asset from The JBG Cos. in Record Sale
TIAA-CREF buys in D.C.’s U-Street corridor; and The Praedium Group and Greystar Real Estate complete a repositioning play in Tampa/St. Petersburg, Fla.
National CORE, CHW Break Ground on SoCal Affordable Housing
National Community Renaissance and Community HousingWorks have broken ground on Mission Cove, an affordable housing property in Oceanside, Calif.
Bainbridge Picks McShane for New Student Housing Near U of I
The Bainbridge Cos. has tapped McShane Construction Co. to build Campus Circle-Urbana, a new student housing project adjacent to the University of Illinois at Urbana-Champaign campus.
Hunt Moves Forward With Texas A&M Galveston Residence Hall Plans
Hunt has moved forward with its plans to design, redevelop and construct the 612-bed Maritime Cadet Residence Hall at Texas A&M University at Galveston.
Multi-Housing News: Inside the August 2014 Issue
Read the articles from the latest digital issue of Multi-Housing News.
Economy Watch: Mortgage Delinquencies Continue Dropping
The delinquency rate for mortgage loans on one-to-four-unit U.S. residential properties decreased to 6.04 percent of all loans outstanding at the end of the second quarter of 2014, according to the Mortgage Bankers Association.