Equity Residential announces the planned retirement of COO David Santee; Michael Manelis to...
Equity Residential today announced that David S. Santee, 58, Executive Vice President and Chief Operating Officer (COO), will step down as COO on June 30, 2018 and retire by year-end. The Company also announced...
Interra Realty Brokers $13.7 million deconversion sale near Wrigley Field
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $13.7 million deconversion sale of 3264-70 N. Clark St., a mixed-use building in Chicago’s Lakeview neighborhood. The buyer, Chicago-based...
The Grand at SkyView Parc reveals the Grand Three Units
The Grand at SkyView Parc, made up of three residential towers located in the heart of Flushing, recently unveiled new residences in their Grand Three tower. The residences were furnished by interior designers with pieces...
North Texas multifamily asset trades hands all cash
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Parkside Townhomes, a 144-unit multifamily asset in Arlington, Texas. The sale...
Alpha Wave Investors sells 67-unit apartment community in Tucson, AZ
Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has announced the sale of Sycamore Cove, a 67-unit apartment property in the...
ClosetMaid conducts survey on the impact of upgraded closets on rental properties
ClosetMaid® recently conducted a survey titled “Upgraded Closet Rental Impact Survey Analysis” to examine whether or not upgraded closets drive rental interest and demand higher rental prices. The survey tested select apartment features to...
First Command Reports: Financial readiness key challenge for military families
Financial readiness is a key challenge for career service member families, particularly among the military spouses who bear primary responsibility for managing household finances, according to the latest findings of the First Command Financial...
FHA extends foreclosure moratorium for Hurricane Maria victims
For the second time since Hurricane Maria devastated Puerto Rico and the U.S. Virgin Islands, the Federal Housing Administration (FHA) today announced that the agency is extending its 180-day foreclosure moratorium for FHA-insured homeowners...
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...
WAC Lighting introduces Pixels, flexible modular LED sheets for tailored architectural lighting solutions in...
WAC Lighting introduces Pixesl for tailored architectural lighting solutions in multi family buildings. Pixels is unlike anything else-- easily specifiable, scalable and modifiable in the field, imaginatively extending boundaries of what can be evenly...
$49.7 million two-property multifamily portfolio sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Avery Park Apartments and Bennington Apartments, a two-property, 268-unit multifamily portfolio in Fairfield, California. The $49,700,000 sales price equates to...
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...
Castle Lanterra sells Midpointe Apartments in Chicago for $49.5 million
Castle Lanterra Properties (CLP) today announced the sale of Midpointe Apartments, a 424-unit multifamily property in Chicago’s southwestern corner, to a well-known fund manager. CLP originally purchased the property in April 2014 for $28.5...
2018’s best & worst cities at money management
With 43 percent of U.S. adults grading their knowledge of personal finance a C or lower, the free credit score website WalletHub today released its report on 2018's Best & Worst Cities at Money...
