West

California Apartments Being Renovated to Attract Students

Work is under way on the renovation of the Grove, an 80-unit apartment property in Davis.

San Jose’s Cypress Gardens Re-opens Thanks to HACSC

The Housing Authority of the County of Santa Clara has rehabilitated and upgraded the 125-unit senior citizen housing community, Cypress Gardens, in San Jose, Calif., thanks to a creative partnering of public and private parties.

California Affordable Housing Fund Closed by WNC

WNC, a national investor in community renewal and affordable housing projects, has closed WNC Institutional Tax Credit Fund X, California Series 10. The $50 million multi-investor Low Income Housing Tax Credit (LIHTC) fund will finance eight affordable housing projects.

California Developer Says ‘No’ to Smoking in Apartments

Towbes Group has imposed a no-smoking policy in the 13 multifamily properties it manages in California.

MKS Residential Breaks Ground On 319-Unit LEED Silver Multifamily Apartments in Boulder

MKS Residential LLC, a Solana Beach, Calif.-based developer, has started construction on an environmentally-friendly 319-unit apartment community located just east of 30th and Pearl streets in Boulder, Colo.

Land for Denver Affordable Rental Sold by Urban Land Conservancy

A mixed-use, transit-oriented development featuring 50 workforce-housing apartments will be coming soon to Denver.

Report Reveals Favorable Multifamily Prospects For the Foreseeable Future

A recent report by TD Economics, an affiliate of TD Bank, confirms the generally positive state (for landlords) of the U.S. multifamily housing market.

Hawaiian Affordable Community Wins National Award

Vitus Group, an affordable housing developer, has announced that their affordable housing community Banyan Street Manor has received an honorable mention in the Public Housing category of the Charles L. Edson Tax Credit Excellence Awards.

Military Contraction to Impact San Diego Multifamily Market

The downsizing of the U.S. military presence in San Diego is expected to have a long-term impact on the apartment market in the area, and not for the better.

Report Sees Greater South Atlantic Development Opportunity

Construction activity slumped markedly during the recession, resulting in good near-term opportunity for increased building of multifamily housing in every state.