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PHILADELPHIA, PA—Simpson House, a Philadelphia-based continuing care retirement community, expects to receive as much as $350,000 in annual energy savings from a makeover of its energy infrastructure by New Jersey-based energy management firm ENER-G Rudox and its partners.
PHOENIX—The ownership of Vista Sureno, Wood River Properties, held the Ahwatukee, property since 2001, further demonstrating the difficulty in finding available multi-family inventory in the area.
LIVINGSTON, NJ—Gebroe-Hammer Associates says it recorded third quarter apartment sales totaling more than $333 million, involving 1,270 units spanning Morris, Somerset and Union counties.
CHICAGO—A 76-story, 829-foot rental tower designed by Rafael Viñoly Architects will soon rise on the edge of Grant Park, and become one of the tallest residential buildings in Chicago.
CHICAGO—Northern California will remain the top US tech hub for a very long time, but companies looking to curb costs are branching out to secondary and tertiary markets, and to a lot of new neighborhoods in the core cities.
WASHINGTON, DC—Fundraising is still active but there are a number of EB-5 investors that are sitting out, waiting to see what happens next on Capitol Hill.
McLEAN, VA--One of the programs finances major renovations to a project; another gives Low Income Housing Tax Credit borrowers a bridge loan for repairs to help them resyndicate.