-
Not so long ago, Washington's 14th Street corridor was not a place you'd want to take the family during a summer vacation to the nation's capital. But the landscape around 14th Street has changed considerably. One of the most influential factors: the potential that Monty Hoffman, CEO of PN Hoffman...
-
Don't try to tell John E. Smith that he can't do something–he'll prove you wrong. Years ago, someone warned the young man that he'd "never amount to anything" if he didn't attend college. So much for that prediction. "That person unwittingly ignited my drive and set me up for success by the...
-
Spacious rooms. Walk-in closets. Gleaming hardwood floors. Years ago, renters and condo buyers seeking a rental or condo could be wooed by these must-have amenities, considered high-life luxuries at the time.
-
When Hurricane Katrina blew across the Gulf Coast and devastated New Orleans, she left countless businesses broken in her wake after she essentially wiped out critical communications infrastructure; dowsed systems and facilities with dirty, debris-laden water; and brought business operations to a...
-
When the Integral Group redeveloped Centennial Place, an aging public housing project in Atlanta, company leaders wanted to do more than just build new housing. They wanted to do something about the dreadful elementary school in the neighborhood, which was one of the worst-performing elementary...
-
When Bob Krause, president of Newport Development in Atlanta, spoke to lender Merrill Lynch in December about construction and mezzanine loans for a condominium development in Florida, the answer Krause received is becoming all too familiar to multifamily executives.
-
In a way, Drew Goldman's new job is a homecoming. As a college student, he interned with a multifamily company, a commercial brokerage, and a developer, giving him a strong background in real estate. But after degrees in business from the University of Texas at Austin (bachelor's) and Emory...
-
At 17,500 square feet, it wasn't much land to build a 156-unit, high-end multifamily housing project. But the land was at the northeast corner of Figueroa and Olympic in downtown Los Angeles, adjacent to the Anschutz Entertainment Group's Staples Center and smack in the middle of a 27-acre...
-
High-rise living is increasingly attractive to young professionals and empty nesters, and residential towers are popping up all over the United States. Developers are designing their projects to appeal to these residents, who prefer buildings that offer edgy, contemporary architecture and unique...
-
Thanks to the robust housing demand driven by favorable demographic trends, condo conversions are the big story in the South Florida market and are capturing much of the area's attention. The Fort Lauderdale, Miami, and West Palm Beach metros have a population exceeding 5.3 million people, and...