Property Types
University Residence Hall and Dining Facility Opens in St. Louis
St. Louis–A very tight time frame and the presence of in-ground obstructions were among the challenges surmounted in completing a new $15 million freshman residence hall and dining facility at Harris-Stowe State University in St. Louis.
WASH Multifamily Laundry Named 2011 CAA Industry Partner of the Year
WASH Multifamily Laundry Systems was recently honored as the Industry Partner of the Year at the 2011 GEMM Awards of the Greater East Bay ceremony.
Luxury Las Vegas Condo High-Rise to Undergo $3M Redesign
Las Vegas–The Martin, a 45-story luxury condominium skyscraper one block from the Las Vegas Strip, is about to get a $3 million touchup.
TODAY’S DEALS: Senior Housing Properties Trust Agrees to $478M Purchase
Senior Housing Properties Trust announces a $478 million purchase; Boston Capital invests in an affordable development in Virginia; and Essex Realty Group brokers the sale of a walk-up building for $1.1 million.
Density Bonus Law: Why Affordable Housing is Badly Needed in California
As the single-family home market continues to struggle, the focus on the multifamily sector has intensified. In order to make these projects financially feasible, California developers often rely on Government Code Section 65915, also known as the Density Bonus Law.
Profile: Alicia Cervera Lamadrid
Cervera Real Estate is riding the rising Miami condo wave. The company has announced it is initiating a multimillion dollar expansion to “strategically broaden its reach and services in the tri-county area.”
New N.J. Affordable-Housing Apartments Geared Towards Families
Community Investment Strategies Inc. has completely leased its newest affordable apartment-rental community in Woolwich Township. This is the first of three affordable communities to be completed in the area.
TODAY’S DEALS: UDR Completes $325M Purchase
The Moinian Group closes the sale of 95 Wall to UDR Inc.; Carrfour buys an affordable housing community in Miami; and NAI Tampa Bay closes multifamily development sites.
Building the ‘Bell’ Brand: Why Bell Partners Left the Senior Living Markets
Lessons learned during the downturn, the decision to exit the commercial real estate and senior living markets, retaining top operations talent, and the importance of branding are among the topics explored by Bell Partners.
Tuscaloosa Tornado Spurs Relief Effort by Education Realty Trust
How Education Realty Trust and Edwards Companies joined forces to earn $22,000 in tornado relief efforts for the University of Alabama.