Thursday, May 16, 2024

News

Virginia multifamily asset in Hampton Roads sells for $24.5 million

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Meadowview Townhomes, a 400-unit multifamily asset in Newport News, Virginia....

Realty Executives International announces the appointment of new president Patrick van den Bossche

Realty Executives International, a leading real estate brand and one of the largest and most established global real estate franchises, named Patrick van den Bossche as it’s new president. This appointment rounds out the...

Aging and in debt: More than half of older Americans owe money

Are you working to pay down tens of thousands of dollars in debt? You may be surprised to learn that your aging parents, and even your grandparents, are likely in the same boat. When...

Westlawn Gardens receives national community planning award

The U.S. Department of Housing and Urban Development (HUD) and the American Planning Association (APA) today announced Wisconsin’s largest public housing community, Westlawn Gardens, the HUD Secretary’s Opportunity & Empowerment Award. Jointly presented by HUD...

CA Senior Living announces start of construction on 179-unit Atria McCandless in suburban Pittsburgh

CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced it has commenced construction on Atria McCandless, a 179-unit senior living community in McCandless, Pa., 10 miles...

Everlast Advanced Composite Siding in compliance with OSHA’s latest respirable crystalline silica standard

Recent regulations by the Occupational Safety and Health Administration (OSHA) regarding respirable crystalline silica exposure has sparked debate and controversy over certain building products on construction jobsites. Everlast® Advanced Composite Siding by Chelsea Building...
Philadelphia

HUD Secretary Ben Carson to visit Pathways to Housing PA

On Wednesday, U.S. Department of Housing and Urban Development Secretary Ben Carson will visit Pathways to Housing PA, a HUD supported organization that transforms individual lives by housing the homeless and supporting drug recovery...

JLL Spark acquires SaaS-based real estate asset management company Stessa

JLL Spark, a division of JLL, today announced its acquisition of Stessa, a software-as-a-service (SaaS)-based real estate technology platform that allows investors in income properties to easily and cost-effectively track, manage and communicate the...

Goldman Copeland develops innovative geothermal tool for the City of New York

Consulting engineering company Goldman Copeland (GOCO) has developed an innovative web-based geothermal pre-screening tool for the City of New York’s Design & Development Corporation (DDC) and the NYC Mayor’s Office of Sustainability. Based on...

City Club Apartments breaks ground on City Club Apartments – Central Business District Minneapolis

Suburban Detroit-based City Club Apartments, a 100-year-old mixed-use multifamily pioneer, broke ground today on its newest community—City Club Apartments—Central Business District (CBD) Minneapolis. Mayor Jacob Frey, Councilwoman Lisa Goodman and City Club Apartments Chairman...

Transwestern Investment Group acquires 464-unit community in Dallas-Fort Worth with S2 Capital

Transwestern Investment Group (TIG) and S2 Capital LLC today announce the acquisition of Oak Creek Apartments on behalf of one of its managed funds. Located at 1611 Oak Creek Lane in Bedford, Texas, the...

Make Room celebrates passage of landmark Omnibus Spending Bill

Make Room’s president and CEO Ali Solis is thrilled with the passage of the Omnibus FY 2018 funding bill after making huge strides in advocating for expanding resources to make homes more affordable alongside...

Paying the price for proximity: The power of public transit when determining property value

Studies show that close proximity to public transit can increase the value of single-family homes and apartments up to 45 percent. In fact, the convenience of living near trains and bus lines has become...

Reno Rebuild Project awards Derby Supply with $40,000 small business loan

Nickel by nickel the Reno Rebuild Project fund is growing to make one-of-a-kind loans to local small downtown businesses. This March, the project will be providing a $40,000 loan to the Derby Supply company...

Apartment industry statement on the passage of the Omnibus Spending Bill

Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on passage of the Omnibus Spending Bill. “The National Multifamily Housing Council and the National Apartment Association applaud the passage of the Omnibus...
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