Interra Realty brokers $30 million sale of multifamily high-rise in Chicago’s Lakeview East neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $30 million deconversion sale of 445 W. Wellington Ave., a 15-story condominium building in Chicago’s Lakeview East neighborhood. The...
Two NAHB BuilderBooks titles win Independent Book Publishers Association Benjamin Franklin Silver Award
Finding Hidden Profits: A Guide for Custom Builders, Remodelers and Architects by Dennis A. Dixon and Living Green Effortlessly: Simple Choices for a Better Home by Marla Esser Cloos have been named Silver Winners of the Independent...
Waterton closes $920 million U.S. multifamily value-add investment fund, above target
Waterton, a national real estate investor and operator, is pleased to announce the final close of its latest multifamily value-add investment fund, Waterton Residential Property Venture XIII, L.P. (“Venture XIII”), with $920 million of...
Yardi Senior CRM app boosts efficiency and improves customer experience
Yardi has introduced an innovative mobile app for its Yardi Senior CRM product. Part of the Yardi Senior Living Suite, Yardi Senior CRM delivers total visibility into marketing and sales activities, with customer relationship management (CRM) tools...
The University of Maryland wins HUD’s innovation in affordable housing student design and planning...
The U.S. Department of Housing and Urban Development (HUD) today announced the University of Maryland, College Park as the winner of its 2018 Innovation in Affordable Housing Student Design and Planning Competition. A team...
HUBBARD221 in Chicago’s River North reaches 65 percent leased milestone in 5 months
Chicago-based Hubbard Street Group and co-developer Centrum Realty and Development today announced that HUBBARD221, a 195-unit luxury rental tower in Chicago’s River North neighborhood, is now 65 percent leased just five months after opening. Located...
Multifamily value-add opportunity hits the market in New England
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it is the exclusive listing agent in the marketing for sale of Armoury Commons, a multifamily asset with 260 residential apartment homes, an...
Castle Lanterra purchases The Ranch at Bear Creek in Lakewood, CO
Castle Lanterra Properties (CLP) has continued to expand its multifamily portfolio in the Denver metro area with the acquisition of its fourth property in the market within the last 16 months. The New York-based...
Suburban Phoenix multifamily asset sold by IPA for $64.8 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Met at Fashion Center, a three-building, 303-unit multihousing investment property in Chandler, Arizona. The property sold for $64.8 million,...
WASH upgrades common-area laundry rooms with PayRange Mobile Payment
PayRange Inc., maker of the leading in-app mobile payment service for automated retail, announces that WASH Multifamily Laundry Systems (WASH)—which has more than 7 million people doing their laundry in a WASH laundry room every week...
MBA Education announces first-of-its-kind compliance certificate
The Mortgage Bankers Association (MBA) announced today it would begin to offer Level I of the new Certified Mortgage Compliance Professional (CMCP) designation, the only certification and designation program geared exclusively towards compliance professionals...
Remodeling confidence remains in strong territory despite three point slip
The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the first quarter of 2018, down three points from the previous quarter and back to the same level as the...
Jamie Gorski to join RENTCafé on stage at AIM Conference
RENTCafé will lead a sponsored session focused on marketing automation for property management at the Apartment Internet Marketing Conference (AIM Conference®) in Huntington Beach this May. Esther Bonardi, vice president of marketing at Yardi®,...
Matthew Drane promoted to regional manager
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced that Matthew Drane has been promoted to regional manager of the firm’s Washington,...
Ecore offers continuing education unit on flooring design to improve acoustics
Ecore, a company that transforms reclaimed materials into performance surfaces that make people's lives better, now offers a Continuing Education Unit (CEU) titled “Flooring Design with Acoustics in Mind.” Upon completion of this course,...