Friday, April 26, 2024
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Jaime Lackey

Waterline Square pool in NYC
DevelopmentIndustry Voices

NMHC Report: Renters Weigh in on Ideal Fitness Amenity

by Jaime Lackey

Ground-up developers and owners evaluating value-add projects should consider bulking up their fitness amenities to support a wide range of active lifestyles. — By Sarah Yaussi, National Multifamily Housing Council (NMHC) — The health and fitness industry has undergone tremendous transformation in recent years. Specialized fitness centers like CrossFit gyms and spin studios have challenged traditional fitness centers as the workout destination of choice for many. TRX straps, kettle bells and resistance bands have claimed real estate on the weight-room floor. And the growth of on-demand classes and in-home gyms …

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Osage Mill in Bessemer, North Carolina
Affordable HousingDevelopmentNewsNorth CarolinaSoutheast

WinnCompanies Breaks Ground on Charlotte-Area Adaptive Reuse Project

by Jaime Lackey

BESSEMER CITY, N.C. — WinnCompanies has broken ground on an affordable-housing, adaptive reuse project that is converting a mill building, constructed in 1896, into 139 apartments in Bessemer City, which is approximately 29 miles west of Charlotte, North Carolina. The $35 million project will provide units for tenants earning 60 percent or less of area median income (AMI). The 250,000-square-foot Osage Mill building has been vacant since 1995. Financing is supported by tax-exempt bonds from the North Carolina Housing Finance Agency (NCHFA) that were issued by the Gastonia Housing Authority. …

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NewsPeople NewsTexas

San Antonio Apartment Association Elects New Board, Welcomes Executive Director

by Jaime Lackey

SAN ANTONIO — The San Antonio Apartment Association (SAAA) has announced its 2023 board of directors and welcomed a new executive director. The 2023 officers are President Renetta Quintana, Capstone Real Estate Services; President-Elect Ryan Baldwin, Franklin Apartment Management; Immediate Past President Victoria Dries-Keeler, Churchill Forge Properties; Past President Jennifer Morales, Asset Living; Vice President Chris Brown, Emergency Cleaning Solutions; Treasurer Sunny Giarritta, NRP Management; Secretary Alan Ross, Bob Ross Realty; and Product Service Council President Omar Rodriguez, Google Fiber. Additionally, Kyle Ward recently joined the association as executive director, …

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NewsPeople NewsTexas

Greysteel Promotes Jack Stone to Managing Director of Investment Sales

by Jaime Lackey

DALLAS — Greysteel has promoted Jack Stone to managing director, investment sales. Stone specializes in the disposition of multifamily assets for private and institutional clients in Dallas, Fort Worth, El Paso and throughout Texas. He joined Greysteel in 2018 and has closed approximately $500 million in transactions since. Prior to his work with Greysteel, Stone was a real estate attorney.

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