Current issue -
Subscribers only
|
|
|
|
|
Volume 4 - Number 25 | December 12, 2006
 |
TOP STORY: A Look at “Green” Building at Both Ends of the Spectrum
By Sule Aygoren Carranza
The green building wave has infiltrated every corner of the industry, particularly in the residential sector. In multifamily specifically, developers are applying environmentally friendly elements to projects across the nation. In New York State, two projects exemplify how developers can build green at the affordable and the high end.
|
|
Investors Look to Upside in Mid- and High-Rise Properties
By Sule Aygoren Carranza
As cap rates flatten or rise for many types of properties, they are dropping for mid- and high-rise residential assets. Unlike garden-style complexes, cap rates for mid- and high-rise communities are below 5% and continue to trend downward, says Gleb Nechayev, senior economist for Torto Wheaton Research here.
|
|
Deal Watch: JV Forms to Buy $280M Healthcare Portfolio
By Sule Aygoren Carranza
GE Healthcare Financial Services has formed a joint venture with locally based private equity firm KMF Senior Housing Investors LLC and Senior Lifestyle Corp. to buy four seniors housing communities in Illinois, Ohio and Colorado for approximately $280 million.
|
|
Firm Presents $900M Waterfront Plan in Yonkers
By John Jordan
Yonkers, a city already considering a $3-billion plan by a group of developers along its waterfront, now has a $900-million mixed-use project before it. Locally based Homes for America Holdings Inc., the owner of the 16-acre former Phelps Dodge/BICC Cable property, has submitted plans for the Point Street Landing project.
|
|
|
|
|
|
|
|
|
