MFE Editors

MFE Editors's Posts

Star Struck Star Struck

It's not in Hollywood, but Arc Development promises that Solaria, its new 65-condominium project, will have its residents seeing stars. Read more

Posted on:
Lights Out Lights Out

The momentum to ban smoking in both public and private locales is growing at lightning speed. Each year, more cities and counties across the country prohibit smoking at restaurants and bars. Just a few months ago, hotel giant Marriot International became 100 percent smoke-free. And now, an increasing number of multifamily firms say it's time to join the movement to extinguish those lighters. The biggest such move: In September, senior housing developer First Centrum adopted a smoke-free policy for all new residents at 46 of its communities in six states. Read more

Posted on:
Duty Calls Duty Calls

For Dick Banks, accepting the position of president and COO of Mercy Housing in Denver was like a homecoming. His first-ever job in the multifamily industry was as an apartment salesman for CB Commercial in Denver's Capitol Hill neighborhood, and his new role with Mercy has brought him back to family and friends he had left behind. He started in this position–his first at a nonprofit–in September 2006 and previously was COO for a 70,000-unit portfolio that Goldman Sachs and Cerberus owned in Germany. Banks has a bachelor's degree in business from the University of Southern California and a master's in international finance from Thunderbird in Phoenix. Read more

Posted on:
Rural Revival Rural Revival

Rural is where it's at if you're considering affordable housing projects, according to Simpson Housing Solutions, which is using federal tax credits to build affordable apartments throughout California. Read more

Posted on:
Demo Report Demo Report

Chicago has faced a bit of criticism for its groundbreaking and controversial plan to tear down its collection of dated and dangerous high-rise public housing properties and replace them with lower-density, mixed-income housing built by private developers. Read more

Posted on:
Close X