Archive for the Category ‘Headline News’

TODAY’S DEALS: Champion Picks Up 218-Unit Asset in Ohio

TODAY’S DEALS: Champion Picks Up 218-Unit Asset in Ohio

Champion Real Estate Services completes a $11.8 million purchase in Ohio; a joint venture breaks ground on a 440-unit development in Los Angeles; and NorthMarq Capital arranges $26.5 million in funds from a life insurance company.

Fort Lauderdale Midrise Residence of the Year Also Its First Eco-Friendly Community

Fort Lauderdale Midrise Residence of the Year Also Its First Eco-Friendly Community

Satori, a luxury community in Fort Lauderdale, Fla., recently became the city’s first eco-friendly luxury apartment community.

Vacancies Down, Rents Up in Chicago Apartment Market

Vacancies Down, Rents Up in Chicago Apartment Market

Recently employed residents are forming new rental households in Chicago, which generates positive net absorption of apartment units; however, there isn’t enough supply yet to meet that increasing demand.

Long Island City’s L Haus Surpasses 80-Percent Sold

Long Island City’s L Haus Surpasses 80-Percent Sold

The L Haus condominium, developed by the Stahl Organization in Long Island City, has recently reached the 85-percent sold sales plateau.

Economy Watch: Economists Less Dismal About Economy

Economy Watch: Economists Less Dismal About Economy

In its May 2012 Outlook, which was released on Monday, the National Association of Business Economists was a bit more optimistic than in the previous survey, published in January.

TODAY’S DEALS: Investcorp Buys 1,076-Unit Houston Portfolio

TODAY’S DEALS: Investcorp Buys 1,076-Unit Houston Portfolio

Investcorp acquires four properties in Houston’s Copperfield master-planned community; American Realty Advisors buys a 224-unit asset in North Dallas; and Hendricks & Partners negotiates a $14.4 million apartment sale.

Rebranded Student Housing Wins National Awards

Rebranded Student Housing Wins National Awards

Distressed student housing no longer, WestMar Student Lofts in Atlanta recently won the 2011 Best Turnaround Project and 2011 Best Leasing and Marketing Program at the Student Housing Business Awards in Austin, Texas.

WKU Student Housing Wins Student Accolade Second Time

WKU Student Housing Wins Student Accolade Second Time

Student housing specialist Campus Suites has been picked twice by students as their favorite.

Manhattan’s Rental Market Springing Ahead, MNS Reveals

Manhattan’s Rental Market Springing Ahead, MNS Reveals

The number of available Manhattan rental units may have grown by 6 percent in April, but that didn’t keep rent prices for the month from experiencing a case of spring fever, and climbing by an average of $17.

Economy Watch: Yes, No, Maybe on Greek Exit

Economy Watch: Yes, No, Maybe on Greek Exit

The Wall Street Journal reported that the European Commission and the European Central Bank are “drawing up plans” should Greece abandon the euro.

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