Shelter Group, with financial partner Prudential, uses the funds to recapitalize its communities.

Though not immune to the overall housing slump, apartment owners throughout the Northeast have been about to increase rental rates.

Promotions and new hires.

Shifting demographics and financing troubles are upping the risk factor for the segment

In Phoenix, one of the markets that are suffering the brunt of the housing downturn, the Plaza Lofts continues to enjoy strong sales.

The firm is raising capital for the "triple-bottom line" oriented vehicle and has tapped the former mayor of Indianapolis as managing director.

Competition from single-family homes and condominiums is putting pressure on traffic levels and occupancies for most properties owned by public companies.

IRVINE, CA-After serving at the helm of two successful enterprises, Daryl Carter has struck out once again to form a new investment firm.