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KTGY-Designed Community Nears Completion in Denver

KTGY-Designed Community Nears Completion in Denver

KTGY Group Inc., Architecture + Planning has announced that its recently designed apartment community, Aster Conservatory Green, which is being developed by Forest City Enterprises of Cleveland, is nearing completion in Denver. …

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TODAY’S DEALS: EdR Nabs 900 Luxury Beds Serving Arizona State University

TODAY’S DEALS: EdR Nabs 900 Luxury Beds Serving Arizona State University

EdR buys a student housing asset with a lazy river pool; Berkadia negotiates and originates over $21 million under time limit; and Sperry Van Ness | TJF Investments brokers a 77-unit sale in Dallas. …

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Sackett Union Condos, Townhouses Sell Quickly

Sackett Union Condos, Townhouses Sell Quickly

The demand for condos and townhouses in Brooklyn remains brisk, with the developer of Sackett Union, a condo and townhouse project in the Carroll Gardens section of the borough, reporting that the property has fetched record prices for the area. …

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IREM, City of Houston Join Forces on Local Sustainability Initiative

IREM, City of Houston Join Forces on Local Sustainability Initiative

The Institute of Real Estate Management (IREM) and the City of Houston have signed A Memorandum of Understanding outlining a collaborative relationship and division of labor. …

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Economy Watch: Poverty Rate Edges Down, Number of People in Poverty the Same

Economy Watch: Poverty Rate Edges Down, Number of People in Poverty the Same

The U.S. official poverty rate in 2013 was 14.5 percent, down from 15 percent in 2012, the Census Bureau reported.…

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DC’s Rittenhouse Apartments Put on the Block

DC’s Rittenhouse Apartments Put on the Block

Rittenhouse Apartments, a 208-unit property in Washington, D.C., has been put on the market by TIAA-CREF, which has owned it for only about six months. …

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StreetLights, Stonelake Capital to Unveil Plans for New West Dallas Community

StreetLights, Stonelake Capital to Unveil Plans for New West Dallas Community

StreetLights Residential and Stonelake Capital Partners have announced their plans to build a Class A residential development in Stonelake’s Trinity Village residential district in West Dallas.…

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TODAY’S DEALS: Allianz Provides Permanent Financing for Class A Cincinnati Asset

TODAY’S DEALS: Allianz Provides Permanent Financing for Class A Cincinnati Asset

HFF arranges permanent financing for a Flaherty & Collins property; Berkadia arranges nearly $80 million for a multifamily portfolio in Los Angeles; and National Cooperative Bank originates $60.5 million in new loans during August. …

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Peak Campus Management to Manage Student Housing Near Southern Illinois U

Peak Campus Management to Manage Student Housing Near Southern Illinois U

Peak Campus Management will manage The Edge, a planned purpose-built student housing asset located near Southern Illinois University-Edwardsville, slated to open in the fall of 2015.…

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Economy Watch: OECD Forecasts Continued Tepid Growth

Economy Watch: OECD Forecasts Continued Tepid Growth

The Paris-based Organization for Economic Co-operation and Development released its latest forecasts for economic growth in various parts of the world, revising them downward in some cases, especially for the euro zone.…

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South Florida JV Buys More Than 3,000 Student Beds in Tallahassee

South Florida JV Buys More Than 3,000 Student Beds in Tallahassee

A new joint venture between Calidus, Pebb Capital and Pragma Investments, three Palm Beach County-based real estate firms, has acquired a portfolio consisting of 3,155 student housing beds at Florida State University in Tallahassee. …

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TODAY’S DEALS: Capital One Bank Provides $277M Construction Loan for Brooklyn Waterfront Apartments

TODAY’S DEALS: Capital One Bank Provides $277M Construction Loan for Brooklyn Waterfront Apartments

Capital One Bank announced it completed the syndication of a $277 million construction loan for a ground up development; ARA brokers Pauls Corp.'s sale of 21 Fitzsimons; and Ross taps Federal Capital Partners to recapitalize 2,044 units in Washington, D.C.…

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