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Citi Announces $2 Million in Community Development Grants to Help Revitalize Urban Areas

Citi Announces $2 Million in Community Development Grants to Help Revitalize Urban Areas

NEW YORK–(BUSINESS WIRE)–The Citi Foundation today announced it is providing funding to local community development organizations in 20 urban communities across the country to support innovative, physical development and rehabilitation [...]

Building Health Check Mold Sampling Strategy in the Indoor Environment

Building Health Check Mold Sampling Strategy in the Indoor Environment

TAMPA, Fl-(TransWorldNews)-Molds are fungi that can be found both outdoors and indoors. They grow best in warm, damp and humid conditions. If you have damp or wet spots in your house, you will probably get mold. Mold can cause health problems. Inhaling or touching mold or mold spores may cause allergic reactions or asthma attacks [...]

$94 Million Refinancing Arranged by HFF for Luxury Manhattan Multifamily High-Rise

$94 Million Refinancing Arranged by HFF for Luxury Manhattan Multifamily High-Rise

NEW YORK–(BUSINESS WIRE)–The New York and Hartford offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have arranged a $94 million refinancing for Riverbank West, a 44-story luxury multifamily building in Manhattan.
HFF senior managing directors Mike Tepedino, Dana Brome, [...]

How Property Managers Can Cut Utility Costs

Perhaps the most significant operating cost for multifamily properties is the cost of utilities. However, there are strategies that can help reduce those expenses. From solar lighting to sub-metering, managers across the country are increasing revenue by lowering the bottom line. Many solutions do not include a huge capital investment and can be implemented quickly.
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Chicago Mayor Announces $2.1 Billion Affordable Housing Plan

Chicago Mayor Announces $2.1 Billion Affordable Housing Plan

Mayor Richard M. Daley today announced the city’s five-year plan which commits $2.1 billion in support of 50,022 units of affordable housing.
“Especially in these difficult economic times, the market place simply cannot produce enough affordable housing to meet the needs of low-and-moderate-income individuals and families. Government has to play a role, and once again, we [...]

BOMA, CCI Deliver Pioneering Energy Efficient Retrofit Solutions to Commercial Real Estate

WASHINGTON–(BUSINESS WIRE)–The Building Owners and Managers Association (BOMA) International and the Clinton Climate Initiative (CCI) are pleased to announce the development of the BOMA Energy Performance Contracting (BEPC) model, a pioneering model contract and [...]

Pacific Retirement Services Launches Silverchair Learning System

Pacific Retirement Services Launches Silverchair Learning System

MEDFORD, Ore.–(BUSINESS WIRE)–Pacific Retirement Services, Inc. (PRS), a national leader in the senior living and health care industry (www.retirement.org), announced today that it is launching the Silverchair Learning Management System across its family of [...]

Rain Bird’s Entertaining Expedition Float Takes Top Honors in the 2009 Rose Parade

Rain Bird's Entertaining Expedition Float Takes Top Honors in the 2009 Rose Parade

PASADENA, Calif.–(BUSINESS WIRE)–Rain Bird, the leading manufacturer and provider of irrigation products and services, was awarded the Tournament of Roses Sweepstakes Trophy today in recognition of its 2009 Tournament of Roses Parade entry, Entertaining Expedition. Awarded to the float entry deemed the most beautiful by a panel of expert [...]

The Expert - San Francisco Tops Apartment Market Again

San Francisco claimed the top spot of Marcus & Millichap Research Services’ National Apartment Index for the second consecutive year. While the metropolitan area’s large concentration of professional and financial firms is expected to result in job cuts, it ranked close to the top in almost all of the other measurements used in the index.

‘Edge Cities’ Set to Move to Forefront

At first glance, it may appear that the country’s largest cities will reap the biggest benefits under President-elect Barack Obama’s planned infrastructure initiatives, partially due to his connections to metropolitan areas like Chicago. But according to urban planner Douglas McCoach, vice president of planning and urban design for global design firm RTKL Associates Inc., perimeter suburban and exurban areas surrounding large U.S.cities–locations he describes as “edge cities”–may gain the most from new infrastructure funding.