$630M Military housing privatization project opens first community
The project will include single-family homes, duplexes and triplexes located on the 52-acre site, renovations to over 4,000 existing homes and construction of 1,200 new homes -- a deal between the U.S. Navy and...
Property Bill of Rights passed by House
HR4772 would help ensure due process for property owners when their rights have been violated and their property has been taken. The bill would clear procedural hurdles that affect property owners' access to justice...
Found land
Until a decade ago, only a handful of companies specialized in redeveloping environmentally blighted land, and mostly for commercial and industrial product because of the higher clean-up standards for residential use. Even then, it...
Up in smoke
The resulting fire at the Spanish Gate Apartments burned the entire 59-unit community to the ground. One woman was killed. Another was sent to the hospital in critical condition. All remaining residents were instantly...
Rogue wave
In today's soft housing environment, a company that focuses entirely on development of infill for-sale housing with a strong emphasis on condos may appear contrarian. But take a closer look at Silverstone's strategy and...
God goes to college
Time. Newsweek. Even Katie Couric has completed a segment that's being readied for airing. Here's what all the talk is about: faith-based student housing. It's a story that really begins in the unlikely town of...
Educating e-boomers
And, thanks to the support of the three-year-old Georgia Apartment Industry Education Foundation (GAIEF), many of them are receiving university-level instruction in the Peachtree State to better prepare them for jobs in the rental...
The big chill
United Dominion Realty Trust plans to save a cool $12 to $18 million by keeping ahead of new law regulating air conditioning equipment efficiency. Anticipating an increase in U.S. Department of Energy standards for...
The lonely life of a 3 bedroom
The top-floor condominium at Dawson and Morgan streets in Raleigh seems to have it all: Brazilian cherry floors, granite counters, a balcony with a skyline view. It also has three bedrooms, and that could be...
From Ground Zero of the housing bust
The home next to it just went up for sale, too. So did the house two units down on the other side and the sign says "For Sale by Owner." Is that all? Hardly. Two...
Mean, green eco machine
Like the story line of a Brad Pitt movie, New Orleans is an epic parable of man versus environment. Last month, the twice-named Sexiest Man Alive by People magazine, swept into town to shine...
Just say no to criminals
After witnessing an odd commotion at her neighbor's home, a resident in a southwest apartment community promptly dialed 911. From the witness' description and a subsequent police check, the FBI and ATF were called...
Nine Las Vegas senior apartment communities sell for $243.5M
LAS VEGAS Orion Residential of Chicago spent $243.5 million to acquire nine Carefree communities totaling 2,219 units. Excluded from the deal, which closed in July, were Carefree's Willows development under construction in Summerlin and a...
$82M deal reflects hot market
CHARLOTTE, NC Autumn Park in Charlotte traded hands for $48.9 million and the Lincoln Green Apartments in Greensboro traded for $33.75 million. Dean Smith of Apartment Realty Advisors' North Carolina office, represented the sellers in...
The 5 second commute
LA QUINTA, CA The live/work concept is gaining steam in California, especially in urban areas where higher density for-sale housing is being developed. Now the idea of living and working in the same place...
