Envy Apartment

CLOSE Kristine De Jesus , a staff psychologist and coordinator of the Alcohol and Other Drug Program at MSU, speaks about the services the school offers to students dealing with alcohol and drug abuse. Mollie Shauger/NorthJersey.com Montclair State University " /> The Montclair State University Red Hawk statue on the school's campus. (Photo: Chris Pedota/NorthJersey.com file) For students recovering from drug and alcohol addiction, the typical college campus can seem like a minefield of temptation, with frat parties, tailgating and late night rounds of beer pong. To help recovering students cope , Montclair State University has set aside a floor in one of its dormitories for those committed to sobriety. Officials hope it will give recovering students a refuge on campus, as well as a way for them to develop a small community of classmates who can provide each other support. The initiative at Montclair State  is part of a growing trend nationally , with about 50   coll...

Lon Horwedel | AnnArbor.com Ann Arbor’s Hidden Valley Club apartment complex is a local example of a $ 70 billion national real estate problem : Securitized commercial loans that are in default. A foreclosure notice on the 324-unit complex near Briarwood was filed in late April, despite months of ongoing conversations initiated by the owner to modify the loan. The loan itself - which totals $18.1 million - is complicated, since it’s one among billions in real estate investments that were repackaged and sold to Wall Street investors during years of peak real estate prices . So are the circumstances behind the loan default, said Hidden Valley Club co- owner Jeff Starman . The most obvious is the drop in the property’s value as rental rates fell below levels to cover loan payments . Other factors include a national real estate climate in which banking consolidations after the lending crisis and the sheer volume of properties in securitized loans - known as Commercial Mortgage B...