Housing Development Partners

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    Anchors of the New York City suburb’s $4 billion redevelopment plan, the two high-rises will comprise about 700 units between them. City officials are eyeing up to 12 million square feet of new construction.

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  • Chicago’s Woodlawn: A Success Story in the Making

    In the last few years, the long-struggling neighborhood has seen robust construction activity in the housing and retail sectors. Nonprofit developer POAH together with the city of Chicago have initiated a series of affordable housing projects meant to transform the community and trigger other residential, educational and cultural developments.

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  • IEC Snags $34M San Diego Property

    The company has acquired Verse La Mesa, a 133-unit, value-add multifamily asset in the La Mesa submarket.

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    Tony Perichino will join the team overseeing third-party assignments and development initiatives in the metro D.C. and Baltimore markets.

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  • Rent Growth

    Rents were up 2.4% nationwide, a 20-basis-point decline from July. Although overall gains have slowed during the summer months, August kept alive a streak during which rents have increased every month this year.

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