Property Types
Indian Residential Market Made Shinier with Swarovski Partnership
Gateway Towers I is the latest Indian property to try and dazzle luxury seekers. In attempting to do so, the luxurious residential development has associated itself with bedazzling giant Swarovski.
TODAY’S DEALS: Inland Buys Two Student Housing Assets for $94.6M
Inland American Communities acquires two student housing assets; Elco buys four properties from Equity Residential; and Alliant Capital completes a $5.98 million refinance loan at 3.48 percent rate.
Carroll Organization Acquires 308-Unit Apartment Community in Lawrenceville, Ga.
Carroll Organization, an Atlanta-based multifamily real estate firm, acquired Camden Sweetwater Apartments, a 308-unit luxury community to be rebranded as ARIUM Sweetwater in Lawrenceville, Ga.
N.J. Condo Community Offers Remarkable Amenity Package
It’s sometimes difficult for a condominium to stick out, which is why MWHF Palisades Park, developer of Trio in Palisades Park, concentrated on providing the community with a stellar amenity package.
Boston Capital Invests in Wisconsin Affordable Apartment Rehabs
A pair of Wisconsin affordable apartment communities, Gilbert Court Apartments in Elkhorn and Havenwood Apartments in Lake Geneva, will be rehabilitated, thanks to an investment by Boston Capital.
NorSouth’s $15.3M Seniors Community 100 Percent Occupied
HearthSide Towne Lake, a $15.3 million, 100-unit affordable seniors community in Woodstock, Ga., is 100 percent occupied less than a year after opening. The community was developed by Atlanta-based NorSouth Development and built by NorSouth Constructs.
Michaels Development and the Housing Authority Develop Affordable Housing Community in South Camden
Michaels Development has teamed with the U.S. Department of Housing and Urban Development to open Morgan Village, a new 40-unit rental townhouse community serving low- and moderate-income families in the Morgan Village neighborhood of South Camden.
Downtown Cleveland Property Wins Preservation Prize
Saint Luke’s Manor in Cleveland recently won the National Trust/HUD Secretary’s Award for Excellence in Historic Preservation.
Mid-20th Century Military Barracks Restored in North Georgia
In planning a new “military education precinct,” administrators at North Georgia College & State University had slated historic Gaillard Hall, built in the early 1950s, for demolition. But Atlanta architectural firm Lord, Aeck & Sargent convinced the institution to save, restore and rehabilitate the structure.
SPECIAL REPORT: NYHC/NHC Conference Speakers Warn of ‘Mounting Fears’ for Affordable Housing
Speakers at the New York Housing Conference and National Housing Conference’s 39th Annual Awards program warned that the outcome of Capitol Hill fiscal negotiations may not be favorable to the industry’s production, preservation and investment programs.