Real Estate Wire/Green Trends News Wire

Apartment market conditions improved across all four indexes of the Q3 National Multifamily Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions.  The market tightness (53), sales volume (53), equity financing (52) and debt financing (54) indexes all landed above the breakeven level of 50, indicating growth over the past three months. “The strong apartment industry run-up shows no signs of ebbing any time soon,” said Mark Obrinsky, NMHC’s SVP of Research and Chief Economist. “Markets remain pretty tight, even as new apartment construction continues to increase.”  Consumer demand for apartments increased for the seventh consecutive quarter, with the Market Tightness Index coming in at 53, compared to 61 last quarter. Only 16 percent reported loosening conditions. The Sales Volume Index remained unchanged at 53, indicating increased transaction volume from the previous quarter. The Equity Financing Index rose by three points to 52 — back above the break...

JACKSONVILLE, Fla. – LandSouth Construction, a Jacksonville, Fla. based general contractor specializing in multifamily, senior housing and mixed-use development has commenced construction on Integra Lakes at Concord Village, a $19,375,00 luxury apartment community in Casselberry, Fla. Integra Lakes at Concord Village is situated on 7.5 acres and is being developed by Integra Land Company of Lake Mary, Fla. The architect of the 203-unit, 284,628 square foot project is Associated Consulting International of Winter Park, Fla. “Great care is going into building a community that will seamlessly fit into Casselberry’s established surroundings,” said LandSouth CEO and President James Pyle. “Integra Lakes’ full array of amenities and open floor plans designed with quality finishes are consistent with high-end rental communities the developer has become known for.” Prominently located in downtown Casselberry at 88 Triplett Lake Dr., Concord Village is a new and innovative mixed ...

TALLAHASSEE, Fla. -- The Florida Green Building Coalition (FGBC) has announced the official results of its 2015 Board of Directors elections.  The Board is comprised of 25 Directors, three representatives from each of eight affiliations, plus one representative from the Florida Home Builders Association (FHBA). One seat in each category is elected annually by the FGBC general membership to serve a three-year term. Earning Board positions were: Stephanie Thomas-Rees, New South Access & Environmental Solutions, New Smyrna Beach - "At Large" Category Lisa Pearcy, All Elements Mechanical, Orlando - "Design & Analysis" Category Arturo Griego, itecdesign, Miami - "Development & Construction" Category Katrina Locke, Volusia County, DeLand - "Government" Category Barry Faske, Faske Enterprises, Hollywood - "Products" Category Bill Kachman, Retired U.S. Army, DeLand - "Public Advocate" Category Greg Hardwick, Ha...