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Jefferson Apartment Group Starts Work on Orlando Apartments

Jefferson Apartment Group Starts Work on Orlando Apartments

Ground has been broken on Artisan 420, a new mixed-use development in downtown Orlando from Jefferson Apartment Group. …

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Steadfast Apartment REIT Acquires 307-Unit Apartment Community in Indy for $27.9M

Steadfast Apartment REIT Acquires 307-Unit Apartment Community in Indy for $27.9M

Steadfast Apartment REIT has acquired Harrison Place, a 307-unit community located in the heart of Indianapolis, for $27.9 million.…

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Plainfield, N.J. Affordable Housing Acquired by Tryko Partners

Plainfield, N.J. Affordable Housing Acquired by Tryko Partners

Liberty Village, an affordable housing property in Plainfield, N.J., has been added to the multifamily portfolio of private equity real estate group Tryko Partners.…

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Historic Indy Building Gets New Facade

Historic Indy Building Gets New Facade

The complicated process of renovating the historic Litho Press building in Indianapolis passed another milestone this week with the completed restoration of the building’s façade. Initially planned as a three or four part of the overall renovation, the façade work actually took about six months. When complete, the building will…

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Economy Watch: Residential Price Increase Continues Deceleration

Economy Watch: Residential Price Increase Continues Deceleration

Trulia reported that in June, U.S. home prices were up 8.1 percent year-over-year, and 2.6 percent quarter-over-quarter, both of which reflect a slowdown in average price increases. …

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Collier Cos. Buys Tampa Apartments, Plans Student Housing on Site

Collier Cos. Buys Tampa Apartments, Plans Student Housing on Site

The Collier Cos. of Gainesville, Fla., has acquired the 100-unit Sunset Square Apartments in north Tampa for $6.4 million from Sunset Square Blackhawk Realty Advisors.…

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Economy Watch: QE3 on Its Way Out

Economy Watch: QE3 on Its Way Out

The Federal Reserve’s massive, two-year stimulus of the economy—occasionally still called QE3—is now set to ride off into the sunset, according to the latest minutes of the Federal Open Market Committee.…

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TODAY’S DEALS: HFF Completes Sale of $900M Portfolio with L.A. Condo Disposition

TODAY’S DEALS: HFF Completes Sale of $900M Portfolio with L.A. Condo Disposition

HFF sells a 271-unit and wraps up a portfolio sale on behalf of ST Residential; NorthMarq Capital arranges $43.5 million for a Security Properties acquisition; and Hamilton Zanze sells an Austin apartment community. …

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LEI Acquires 228-unit Community in Newark, Del.

LEI Acquires 228-unit Community in Newark, Del.

Lowe Enterprises Investors, on behalf of an investment client, has announced that it has purchased the 18.5-acre, 228-unit Christina Mill Apartments in Newark, Del. from Korman Residential for an undisclosed price.…

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Dominium Develops Affordable Senior Community in Suburban Minneapolis

Dominium Develops Affordable Senior Community in Suburban Minneapolis

Minneapolis-based Dominium, an owner, developer and manager of apartment communities across the country, has announced the construction of a new independent seniors affordable housing community called The Cavanaugh.…

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Economy Watch: Consumer Credit Still Growing

Economy Watch: Consumer Credit Still Growing

U.S. consumer credit rose at an annualized 7.4 percent in May compared, according to the Federal Reserve. That’s a sizable increase, but not as much as in April, when the annualized increase was 10 percent. …

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New Apartments Benefitting from High Line Location

New Apartments Benefitting from High Line Location

Manhattan’s High Line, the linear park famed for spurring development and leasing in its general vicinity in the five years since the first phase opened, still seems to be working its magic.…

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