Friday, December 20, 2024

New England region

New England region includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

K Property Group (KPG) Appoints Eric Freeman to Advisory Board

K Property Group (KPG), a burgeoning leader in value-add office and retail acquisition’s and development in NYC, today announced Eric Freeman to Advisory Board to support the company’s rapid growth by providing strategic guidance...

Yardi webinar: Get ready for changing commercial building regulations in New York City

The new year brings many new laws and regulations to New York City, including Local Law 84 requiring new levels of compliance for benchmarking of energy and utility usage in New York City buildings....

Community Preservation Corporation announces partnership with Xenolith Partners LLC to invest in affordable housing...

The Community Preservation Corporation (CPC) announced today it is committing up to $3 million to Xenolith Partners LLC (Xenolith), a certified minority- and women-owned business enterprise (M/WBE) company focused on developing affordable housing. CPC’s...

Southern Land Co. updated plans for ultra-luxury mixed-use tower in Philly and adds short-term...

Southern Land Company has unveiled a new brand identity and updated project plans for 1911 Walnut Street, which will now be known as The Laurel. Named for the Pennsylvania state flower, The Laurel sets...

The Grand at SkyView Parc offers exclusive in-house spa services

The Grand at SkyView Parc, located in Flushing, Queens, offers a unique amenity that is uncommon among developments. Residents have exclusive access to The Grand Club, an onsite health and wellness escape offering full-service...

Latch announces major partnership with Niido powered by Airbnb

Niido powered by Airbnb, a residential community that supports and encourages home sharing, today announced its partnership with Latch, the first smart access system built for multifamily buildings, to create a sophisticated and seamless...

Wind at our back

The new tax system, which was reformed for the first time in 32 years in December, strips away some of the long-standing benefits that would incentivize Americans to become homeowners. “This is definitely a tailwind...

The push for rent control

In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations on housing built after 1995, in addition to many older...

Meridian Capital Group arranges $3.7 million in financing for a multifamily property in New...

Meridian Capital Group, America’s most active dealmaker, arranged $3.7 million in financing for the refinance of a multifamily property in New Haven, CT. The seven-year, floating-rate loan is swapped at 190 basis points over LIBOR...

Private vs. public property rights

Controlling housing rental rates is a classic example of the erosion of private property rights. Traditional rent controls specify a maximum rent that property owners legally may charge for use of their dwelling. Further,...

Meridian Capital Group arranges $110 million in financing for the 251DEKALB multifamily property located...

Meridian Capital Group, America’s most active dealmaker, arranged $110 million in balance sheet financing for 251DEKALB, a five-building multifamily apartment complex located in King of Prussia, PA on behalf of a venture sponsored by...

Home smarts

And, if speed of lease-up and the ability to charge higher rents at the newly built 70-unit Excelsior Park apartments in Saratoga Springs, N.Y., is an indicator that smart technology is part of multihousing’s...

Investor’s latest sweetheart: workforce housing

There is expected demand for an additional 4.5 million new apartments in the U.S. by 2030, according to data from the Workforce Housing Committee of the National Multifamily Housing Council, Washington. What’s more, deal activity...

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:...

Uptown living, downtown budget

“I would say it’s the most social building I’ve ever seen,” said Daniel Ellch, a tenant. That’s by design: The developer, Property Markets Group (PMG), is entering the co-living market, offering slightly smaller private...
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