West
Fort Carson Excels in Military Housing
Fort Carson was recently awarded the 2011 Multifamily Executive Merit Award for Military Project of the Year, an award that highlights innovation in architecture.
Motel Transformed into Affordable Housing for Formerly Homeless
Mercy Housing California announced the opening of its newest affordable housing community, Boulevard Court.
SPECIAL REPORT: Finding Your ‘Sweet Spot’ to Maximize NOI
Phoenix–To determine pricing in student housing, find your “sweet spot” of leasing and start next year’s rents right below that, advised panelists for “What is Your Rent Model?: Are You Maximizing Rent During Renewal and Lease Up?” at the 2011 NMHC Student Housing Conference & Exposition.
Gen-X, Gen-Y Changing the Face of Multifamily Market and Architecture
The apartment sector, which is leading the rebound of the commercial real estate industry, is in the midst of transition, and it’s the growing population of young professionals that is spurring the change.
Behringer Harvard Invests in Renaissance in SF’s East Bay
Texas-based Behringer Harvard has acquired Renaissance, a 132-apartment luxury multifamily community in San Francisco’s East Bay.
Michaels, LINC Housing Kick Off $23M Affordable Seniors Housing Project in Oakland
The Michaels Development Company and LINC Housing Corporation will soon add 119 rental residents to West Oakland’s affordable housing pool.
MARKET SNAPSHOT: Large Number of Institutional Deals Hit Seattle Market
Seattle–The Seattle market has weathered the recessionary storm well, according to Kenny Dudunakis, senior partner in Hendricks & Partners’ Seattle office.
Alliance Begins Work on Seattle Apartments
Alliance Residential Co. has broken ground on Broadstone Koi, a 166-unit, LEED-certified residential project in Seattle’s Ballard neighborhood. The project is slated for completion during the first quarter of 2013.
TODAY’S DEALS: Greystar Sells 388-Unit Community in Houston
Greystar sells a 388-unit community in Houston; Marcus & Millichap brokers the sale of a 216-unit community for $8.1 million; and Bernard Financial Group finances a $4 million loan with Ladder Capital Finance.
Portland Pair Taps Thriving Employment Centers
Two new Portland-area apartment communities that broke ground last week are strategically sited to leverage burgeoning employment centers and heavily-used transportation hubs.