After effect
Complexes that stayed dry in heavily flooded areas like west Houston, Kingwood and Spring have been slammed with new tenants. Landlords there are finding their apartments are worth much more than they were before...
Paradigm shift
The partners, who come from family-owned multifamily businesses with a combined 150 years of experience, plan to redefine the future of urban rental living by developing and managing apartment communities based on five principles:...
Everything’s brand new in… D.C.?
The code now permits light-framed buildings of wood or steel, which are often faster and less expensive to build than equivalent heavy-framed structures, to reach eight stories and up to 85-ft. high—just shy of...
D.C. dysfunction
While AvalonBay Communities' portfolio in the nation's capital achieved positive revenue growth and rent growth in Q3, revenue growth from the company's D.C. Metro portfolio was up about one percent year-to-date, but turned flat...
Asking tenants to spend the night
"The 520,000 square foot, 34 story structure will be converted to 445 for-lease residences," according to Metropolitan Partnership Ltd., the Reston, Va., development firm that purchased the building in November for $6 million.
Ten Light...
Apartment construction slowly picks up in Florida
With the exception of Austin, Texas, the Orlando metropolitan area had the lowest apartment-vacancy rate of any of the two dozen metropolitan areas tracked by ALN Apartment Data Inc. during the second quarter of...
The case for green rentals
Located in the city of Rome, this new, energy-efficient, 10-unit public housing project is expected to earn LEED for Homes certification at the Silver level—a first for a project of this type in Georgia—as...
The hottest U.S. real estate market: Washington, D.C
"Our spring market has taken off quite early," said Schwartz. "We've reached that stable point where we're out of a buyer's market."
The nation's capital has been a leader when it comes to real estate.
While...
Bozzuto takes a Giant leap
Cathedral Commons is a $125 million, two-block, mixed-use development that will include 137 apartment units and eight townhomes, more than 500 parking spaces, and 128,000 square feet of retail anchored by Giant Food, the...
Tempest-tossed in Tuscaloosa
"Not one square inch of the property was untouched," said Lane Company Regional VP Ashley Monroe, who traveled from her home in Atlanta on April 28, the day after a deadly tornado raged through,...
Katrina up close
Katherine Gibson made a spontaneous decision to volunteer for rescue efforts after Katrina hit New Orleans. Exactly one week after the hurricane struck she was on the spot. Moved by the plight of people...
