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NORTH ANDOVER, MA—MassHousing has closed on what it calls the first of its kind of transaction that expands the use of Low Income Housing Tax Credits on a rental housing complex in the nation. The deal will facilitate significant improvements to the property and lock-in affordable rents there long term.
NEWPORT BEACH, CA—The hospitality industry has recognized an opportunity to appeal to Millennials and go further with the existing trends of improved hotel amenities without raising rates by simplifying individual guestrooms, R.D. Olson's Tim Cromwell tells GlobeSt.com <b>EXCLUSIVELY</b>.
NEW YORK CITY—Led by Global Logistics Properties, overseas buyers were the largest purchasers of US industrial assets in 2015, according to Real Capital Analytics.
LOS ANGELES—AMCAL Multi-Housing is on the brink of gaining LEED Gold certification for the Hollenbeck Terrace Apartments, an affordable senior living community.