Wraparound Condos Highlight Collaboration
MINNEAPOLIS - On a small site along 10th Avenue in Minneapolis, adjacent to one of the largest redevelopment efforts in the city’s history, sits the Midtown Exchange Condos on the Greenway.
LIHTC Apartments Set to Convert to Affordable Condos
A low-income housing tax credit (LIHTC) property in Kansas City, Mo., took a big step toward converting from apartments into an affordable homeownership development after a critical Internal Revenue Service (IRS) ruling.
Indianapolis—Britton Buildings Designs is developing a 16-unit condominium project called Renaissance Flats on a parking lot downtown.
Chicago—The developers and designers building Aqua, the latest tower at Lakeshore East, a $4 billion city-within-a-city just north of the Loop, spent a lot of time drawing charts and maps of how people might move through the spaces they’re building
Grading Your Lender
Capmark, the full-service lender formerly known as GMAC Commercial Holding Corp., earned high marks from Legacy Partners for offering the apartment developer a break on the guarantees it was required to make for its latest Texas project.
Milwaukee area residents are making more money, and that’s good news for multifamily owners who’ve seen occupancies tighten and rental rates increase.
Broken Condominiums Waiting to Be Reborn
In April, Norman Radow turned down a chance to buy more than 100 unsold condominiums at about a third less than the prices they were listed for during the height of the condo boom.
In Search of Feasible Deals
Brent Little, Place Properties: We’re a private student housing developer based in Atlanta, with a regional office located in Dallas serving the western half of the U.S
New York City’s New Frontiers
New York City—On the Far West Side of Manhattan, a vast stretch of old warehouses and defunct railyards is about to turn into an extension of Midtown.
Condominium Tidal Wave Hits Providence
Providence, R.I.—Standing in Waterplace Park, next to the slender canal of the Woonasquatucket River, a visitor to Providence could probably look up and see most of the more than 1,000 apartments and condominiums now planned or under construction here.