ClosetMaid enhances its popular ExpressShelf pre-finished shelf and rod system
ClosetMaid has responded to high demand for its ExpressShelf pre-finished shelf and rod system by launching additional hardware options that enable more configurations and applications. The new ExpressShelf hardware makes full walk-in and wall-to-open shelving...
Parallel Capital Partners sells parcel at Arizona Center for residential high-rise development
San Diego-based Parallel Capital Partners has sold a nearly one-acre parcel within its 16-acre Arizona Center Project – a mixed-use center, located at 3rd and Van Buren Streets in downtown Phoenix – to Florida-based North American Development...
2018 NMHC 50 demonstrates strong and continued apartment growth
The apartment sector continued its strong economic run last year, reflected in the National Multifamily Housing Council’s (NMHC) newly released 2018 NMHC 50—the authoritative ranking of the nation’s largest apartment owners, manager, developers, builders...
HUD joins Justice Department in nationwide initiative to combat sexual harassment in housing
Today, as the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice recognizes the 50th Anniversary of the Fair Housing Act, Secretary Carson and Attorney General Jeff Sessions announced the...
Stiles wins big at BOMA Southern Region TOBY Awards
Stiles Property Management announced today they won three regional TOBY® (The Outstanding Building of the Year) awards at the BOMA Southern Region Conference held on April 7th at the Margaritaville Hollywood Beach Resort in...
Prism putting finishing touches on Edison Lofts building at Edison Village in Downtown West...
This spring, Prism Capital Partners’ is putting the finishing touches on the Edison Lofts building at Edison Village, its industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange,...
$42.15 million apartment asset trades hands in Tampa
Institutional Property Advisors (IPA), a division of Marcus & Millichap announces the sale of Hanley Place, a 400-unit multifamily community located in Tampa, Florida. The $42.15 million sales price equates to $105,375 per unit. “Hanley...
Levin Johnston directs rare multifamily trade in highly-coveted Palo Alto market
Levin Johnston, one of the top ten multifamily brokerage teams in the U.S., has directed the sale of Villa Sierra Apartments, a multifamily community located in the ultra-exclusive Palo Alto market. Levin Johnston represented both...
Ginnie Mae MBS outstanding increases to $1.942 trillion
Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $30.31 billion in March. A breakdown of March's issuance includes $28.659 billion of Ginnie Mae II MBS and $1.651 billion of Ginnie...
Four secrets to lowering your commercial insurance premiums
Based on the recent hurricane activities and other coastal disasters over the past couple years, it is no secret that an increase in 2018 insurance premium is coming. These disasters have also led to...
Grubb Properties to join program bringing affordable housing to Chapel Hill
Grubb Properties will dedicate units at Glen Lennox Apartments in Chapel Hill, N.C. to be part of an innovative, community-based coalition bringing more affordable housing to the town. In partnership with the Chapel Hill-Carrboro Chamber...
Assurant partners with sharing economy startup ApartmentJet to provide multifamily housing owners with risk...
When thinking of a short-term home rental, most people envision a vacation home near a tourist attraction. But actually, the newest ‘sharing economy’ trend is multifamily housing owners listing their units on short-term rental...
New study: Apartment renters value smart home tech above traditional amenities
A new study out by property management company Entrata shows the vast majority of the country’s renters value new and evolving smart home amenities over traditional benefits offered to apartment dwellers. The survey found that most important...
Ecore whitepaper explores the most important piece of athletic equipment – the floor –...
Growing demand for access to modern fitness facilities is driving developers to include them in more multi-use buildings, where they often share an address – and walls – with neighboring offices, residential units or...
Interra Realty brokers $1.52 million residential building sale on Chicago’s north side
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $1.52 million sale of 4063 N. Sheridan Road, a vintage condominium building in Chicago’s Buena Park neighborhood. The buyer,...
