Jefferson Apartment Group and Camden Property Trust team up to develop $100 million downtown...
Jefferson Apartment Group, a leading multifamily developer and operator specializing in premier apartment communities throughout the Eastern U.S., has joined forces with Houston based Camden Property to co-develop the $100 Million 520 East Apartment...
Gerard Heiber joins the UIP Companies as president of UIP general contracting
Urban Investment Partners (UIP) of Washington DC is pleased to announce the appointment of Gerard Heiber, LEED® AP BD & C, as President of UIP General Contracting (UIPGC). With more than 30 years of senior...
HUD and Census Bureau report residential construction activity in March 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for March 2018. Building Permits: Privately owned housing units authorized by building permits...
Pathway to Living celebrates opening of 96-unit senior housing community in Orland Park, Ill.
Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced the opening of Heartis Village of Orland Park, a 96-unit assisted living and memory care community in Orland Park,...
MASCO’s KraftMaid supports skilled labor fund
The National Housing Endowment (NHE), the philanthropic arm of the National Association of Home Builders (NAHB), announced today that MASCO's KraftMaid has donated to the group's Skilled Labor Fund. The Skilled Labor Fund is an industry-wide effort...
Tax Day: Hoteliers call for more transparency and oversight in taxing Airbnb
The American Hotel and Lodging Association (AHLA) called on state and local government leaders on National Tax Day, to start taxing Airbnb and other short-term rental sites with the same oversight and transparency as...
Grand opening at V-Esprit, Denver independent living community in May, following multi-million-dollar renovation
Hillcrest Development Group, LLC, a Denver-based development company, and Pathfinder Partners, LLC, a San Diego-based firm specializing in opportunistic and value-add real estate investments, have completed a $1.6 million renovation and rebranding program at...
Housing starts rise 1.9 percent on multifamily surge
Gains in multifamily production pushed overall housing starts up 1.9 percent in March to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development...
Milhaus appoints Scot Sellers as lead independent director
Scot Sellers, formerly the Chairman and CEO of Archstone and the chairman of the National Association of Real Estate Investment Trusts, has been appointed Lead Independent Director of Milhaus. Sellers brings 37 years of real...
Alpha Wave Investors completes 10th full-cycle property investment
Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has completed its tenth full-cycle property investment with the sale of Skyline Park...
Marcus & Millichap brokers $11.35 million sale of mixed-use building and development site in...
Marcus & Millichap, today announced the sale of a 53,931-square-foot, mixed-use commercial loft building located at 1040 W. Huron St. in the rapidly developing River West neighborhood of Chicago. This asset sold for $11.35...
Production volume and profits down in 2017 for independent mortgage bankers
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017, down from $1,346 per loan in 2016, the Mortgage Bankers Association (MBA)...
Jonathan Rose Companies named top acquirer of affordable housing in 2017
Jonathan Rose Companies, a leading green real estate investment, development, and project management firm, has been named the #1 acquirer of affordable housing properties in the nation in a recent survey conducted by Affordable...
Builder confidence slips one point, remains in solid territory
Builder confidence in the market for newly built single-family homes edged down one point to a level of 69 in April on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) but remains on firm...
Yardi acquires coworking technology firm Phoenix Broadband Ltd.
Yardi announced today the acquisition of Phoenix Broadband Ltd., an innovative business technology firm specializing in infrastructure and hardware solutions for shared workspaces. Based in Stirling, Scotland, Phoenix Broadband is known for its Medusabusiness brand....
