Sunday, November 24, 2024

Tag: new construction

Nasser Freres

Nasser Freres Breaks Ground on New $300+ Million Mixed-Use Property in Jersey City’s Journal...

Nasser Freres has broken ground on a new mixed-use development in Jersey City, marking the beginning of a $300+ million project set to deliver...
The Levi

Thompson Thrift to Develop The Levi 212-Unit Luxury Multifamily Community Near Atlanta

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of The Levi, a...
The Devan

The Devan Luxury Rental in Jersey City Unveils a Grand Opening of its Curated...

Development partners Fields Grade and Ursa Development Group left no stone unturned when it comes to world-class amenities at The Devan, the new collection...
Huxley Yards

Lincoln Avenue Communities Breaks Ground on Affordable Housing Development The View and The Victoria...

Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, celebrated their groundbreaking yesterday on the future site of The View and...
MCO Cottage Rentals

MassHousing Has Closed on $8M in Affordable Housing Financing to MCO for the Development...

MassHousing has closed on $8 million in affordable housing financing to MCO & Associates, Inc., which is currently building 32 new mixed-income cottage-style rental...
1330 W. Sunset Boulevard

BOLOUR Secures Entitlements for Apartments on Sunset Boulevard in Los Angeles

BOLOUR Associates Inc. has secured the entitlements to build a new six-story rental apartment building at 1330 W. Sunset Boulevard in Los Angeles. At completion,...
Old Frontier Road

The Mogharebi Group Arranges the Sale of 14.3 Acres of Land on Old Frontier...

The Mogharebi Group (“TMG”) has arranged the $2.4 million sale of six contiguous land parcels on Old Frontier Road totaling 14.3 acres in Silverdale,...
Market demand sets stage for few rent hikes

Market demand sets stage for few rent hikes

While asking rents for new leases nationally are running nearly flat over the past 12 months, those figures are heavily influenced by the Sunbelt,...
Why Johnny can’t build

Why Johnny can’t build

We were once a nation of builders—from the toll roads and canals of the early nineteenth century and the railroads of the second half...
The U.S. Supreme Court justices return to the bench the second week of June to issue opinions in argued cases. The court has somewhere around 28 decisions left to release before it begins its summer recess.

Major U.S. Supreme Court decisions coming down the track MAJOR UPDATE

June 28, 2024 Update: The Supreme Court in an unprecedented victory for multifamily and other businesses, has today reversed its 40-year-old decision in Chevron...
SUMMIT Orange Crossing

SUMMIT Orange Crossing Opens Doors to Career-Starter Renters at New Urban-Lifestyle Apartments in East...

Designed with young-professional career starters and advanced-degree students in mind, SUMMIT Orange Crossing is now marketing 99 new-construction Class A multifamily units in the...
Present day Rockford Watch Company opened near the Rock River in Rockford, Illinois. the factory’s vivid history includes a number of contrasts: years of great prosperity followed by market competition and insolvency in 1896, followed by successful reorganization headed by Jacob Franks and Max C. Eppenstein in 1901. a fire in July, 1903, followed by a lightning strike in September, 1903, destroying the chimney, boiler house and large part of the machine room. Some months later lay-offs were announced. After producing nearly a million pocket watches, the factory closed in 1915.

Deal watch

Oliver Emerson Development, a father-son duo, wants to turn the former Rockford Watch Co. factory in Rockford, Illinois, into affordable housing. “To be able to...
Interest rates slow apartment development

INFOGRAPHIC: Interest rates slow apartment development

Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing...

INFOGRAPHIC: Appliance payoff models explode

^58 percent increase in requested quotes to thousands of appliance repair businesses y/y (2022-2023) ^43 percent increase in appliance spend in 2023 compared to 2013—rising...
Disparate impact of high interest rates

INFOGRAPHIC: Disparate impact of high interest rates

Disparate impact of high interest rates has adversely impacted millions of low- and middle-income families—and housing providers. More often high interest rates depress stock...

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