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From the outside, the 26-story Skyline Towers looks identical to the 1950s and '60s stock of towering high-rises that surround this Northern Virginia apartment community. But on the inside, this project is anything but just one of the pack, thanks to an extreme makeover which masterfully gave this...
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Forget subtlety. If you want your project to get noticed, you've got to think big. Lane Co. sure did. Its condo project in Atlanta isn't even completely built, but the building in mixed-use Atlantic Station already is the talk of the town, thanks to a bold signage and advertising campaign. A huge...
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The glitz and glamour of the 1920s come roaring back to life as soon as you step into the grand lobby of The Carling, an apartment community in Jacksonville, Fla. A sparkling array of fully restored terrazzo floors, marble staircases, grand Palladian windows, and a coffered ceiling recapture the...
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It's often the small details that matter most to renters. Dave Woodward of Laramar Communities discovered just that when one of his San Francisco properties started to see leases drop. The reason: The multicultural resident base was dissatisfied with the property's cable television offering due to...
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There were a lot of tax credit syndication deals that Todd Crow, senior vice president at PNC Multifamily Capital, simply had to walk away from in 2005. With tax credit pricing eclipsing the watershed mark of a dollar per credit for the first time last year, and yields slipping down into the 5...
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Equity Residential went on a major shopping spree last year. Its biggest purchase: the $809 million acquisition of Trump Place, a collection of three high-rise apartment towers on Manhattan's Upper West Side. "It's fun to be in the multifamily business again," says David Neithercut, president of...
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Nothing compares to the sweet taste of victory. Just ask MFE's Top 50 multifamily managers. After several years of negative market conditions, operating fundamentals finally began to favor the apartment industry in 2005 as the economy slowly improved and the condo boom led to a healthy business...
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Without a doubt, 2005 was the year to be a condo developer. Just look at the Novare Group's year-end performance. The Atlanta-based condo developer set a company record with 1,486 starts, breaking ground on four significant properties. "In 2005, we were in ramp-up mode, working on a lot more...
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Not quite sure it's time to freshen up your clubhouse? Take a hint from your residents. All of last year, only one resident at the 351-unit Village Park of Auburn Hills rented out the property's drab, 1980s country-style clubhouse for a social event.
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More and more appliance manufacturers aren't afraid to think small–and for good reason. Mini-sized appliances are in high demand as developers and architects outfit a growing number of smaller apartments and condos.