REGIONAL MARKETS: NATIONWIDE
Evanston, Ill.—Pension fund giant TIAA-CREF has acquired The Park Evanston, a 283-unit, 24-story, Class A multifamily high-rise downtown for an undisclosed amount.
A Green Mixed-Use Community
Melaver, Inc., will soon break ground on Sustainable Fellwood, a 320-unit mixed-income, mixed-use green development in Savannah, Ga.
Looks like savvy investors are taking the classic investment advice in Atlanta, pooling their cash to swoop in and snap up multifamily properties—in addition to taking on some new development—while prices are depressed and the meltdown in the single-family housing market threatens to push...
Crestron Expands Certification Course Offering
Lighting control systems developer Crestron will now offer its "Programming for Certification" training course through the Crestron Technical Institute (CTI) nationwide, giving dealers more widespread access to certification training. Registration is now open for three-day "Programming for...
Register for DOE's Solid-State Lighting Workshop
The U.S. Department of Energy (DOE) will host Transformations in Lighting, a solid-state lighting research and development workshop, from Jan. 29-31, 2008, at the Sheraton Atlanta Hotel in Atlanta. The workshop will provide a forum for lighting industry leaders, manufacturers, product developers...
ATLANTA—Georgia expects to see projects that preserve existing affordable housing properties take up a larger share of its low-income housing tax credit (LIHTC) authority over the next couple of years, as the number of properties aging out of their LIHTC restrictions rises.
Atlanta—At the intersection of streets named for two civil rights leaders, a historic neighborhood here is getting a push toward revitalization in the form of a new workforce housing development.
Acuity Spins Off Specialty Business
Atlanta-based Acuity Brands has announced plans to separate its lighting business, Acuity Brands Lighting, from its specialty products business, known as Acuity Specialty Products Group. The spin-off is expected to be finalized Fall 2007, and the new independent company will be formally named in...
Peachtree Offers Training Guide
Peachtree Lighting, based in Covington, Georgia, has released a new lighting guide containing 25 short, easy-to-use lessons in architectural lighting basics. The guide can be accessed at
Making Workforce Housing a Priority
Money can’t fix everything, but when it comes to building more homes affordable to America’s middle-income workforce, it sure can’t hurt. Ron Terwilliger, chairman and CEO of Atlanta-based Trammell Crow Residential, recognized that recently when he made two $5 million gifts to further the...