Multifamily

Last week, city officials, including Jersey City Mayor Steven Fulop, joined executives from the project development team BNE Real Estate Group, Hoboken Brownstone Co. and McKinney Properties at a ribbon-cutting ceremony to officially open The Enclave, a new 260 luxury apartment development.

Designed by internationally-recognized architectural firm Arquitectonica, One Island Park will generate more than $2.9 million in annual tax revenue to the city on a parcel that currently generates $10,500 a year in taxes.

Technology and IT investment can drive better productivity and operations at apartment buildings.

The investor sells a 258-unit apartment project in Phoenix after completing a significant capital improvement program.

The 40-unit value-add garden apartment project in the center of Tempe's ASU district trades hands.

With the renovated Waldorf, the brokerage firm will take on marketing the 375 homes at the world-renowned hotel.