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TODAY’S DEALS: JB Matteson Purchases Sacramento Multifamily Community for $29.8M

TODAY’S DEALS: JB Matteson Purchases Sacramento Multifamily Community for $29.8M

JB Matteson buys its second Sacramento apartment asset; Bell Partners sells a St. Louis community to Equus Capital Partners; and CBRE Group arranges the sale of a Coney Island apartment building for $3.78 million.…

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Economy Watch: Existing Home Sales Edge Up

Economy Watch: Existing Home Sales Edge Up

Total existing U.S. home sales rose 1.5 percent to an annualized rate of 5.26 million units in October from 5.18 million in September, the National Association of Realtors reported.…

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TODAY’S DEALS: Olympus Property Acquires Luxury Adaptive Reuse High-Rise in Downtown Dallas

TODAY’S DEALS: Olympus Property Acquires Luxury Adaptive Reuse High-Rise in Downtown Dallas

A 440-unit high-rise in Dallas trades hands; Domain Acquisitions and BH Equities acquire 672 units in North Phoenix; and NorthMarq Capital secures $103.7 million in Freddie Mac refinancings to take out bank loans.…

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Economy Watch: Housing Starts Edge Down in October

Economy Watch: Housing Starts Edge Down in October

Private U.S. housing starts in October came in an annualized rate of 1.009 million units, according to the Census Bureau.…

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TODAY’S DEALS: HFF Arranges $29.7M Refi for North Carolina Apartments

TODAY’S DEALS: HFF Arranges $29.7M Refi for North Carolina Apartments

Banner Apartments lands $29.7 million to refinance an asset; NorthMarq Capital arranges $19.2 million to refinance an apartment community in Springfield, Ill.; and RED provides financing for the housing authority’s rehabilitation project under RAD.…

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Economy Watch: Builders More Optimistic

Economy Watch: Builders More Optimistic

Builder confidence in the market for newly built single-family homes rose four points to 58 on the National Association of Home Builders/Wells Fargo Housing Market Index.…

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TODAY’S DEALS: Charles Dunn Co. Completes $8.1M L.A. Sale

TODAY’S DEALS: Charles Dunn Co. Completes $8.1M L.A. Sale

Charles Dunn. Co. sells a 33-unit community in Echo Park; Berkadia provides a $19 million, seven-year, floating-rate loan for an acquisition in Portland, Ore.; and Bainbridge Cos. grabs an asset in Virginia Beach. …

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Economy Watch: Industrial Productions Off Slightly in October

Economy Watch: Industrial Productions Off Slightly in October

U.S. industrial production edged down 0.1 percent in October after having advanced 0.8 percent in September, the Federal Reserve reported.…

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TODAY’S DEALS: Weinstein Buys 260-Unit Property from Wood Partners

TODAY’S DEALS: Weinstein Buys 260-Unit Property from Wood Partners

ARA brokers Wood Partners' sale of a newly built asset; Graysteel arranges a 30-unit sale in Northwest Washington, D.C.; and ARA participates in the sale of a Class A apartment community located in a 200-acre mixed-use community.…

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Economy Watch: Retail Sales Edge Up in October

Economy Watch: Retail Sales Edge Up in October

Americans increased their retail and food services spending by 0.3 percent in October compared with September, according to the Census Bureau.…

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TODAY’S DEALS: Kennedy Wilson Acquires 324-Units in Boise

TODAY’S DEALS: Kennedy Wilson Acquires 324-Units in Boise

Kennedy Wilson breaks the 20,000-unit mark with a Boise buy; Bascom and Oaktree continue their buying spree; and Northmarq Capital arranges a $22.2 million takeout bridge loan.…

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Economy Watch: JOLTS Reports Higher Quits Among US Workers

Economy Watch: JOLTS Reports Higher Quits Among US Workers

There were 4.7 million job openings on the last business day of September, according to the Bureau of Labor Statistics in its Job Openings and Labor Turnover Survey.…

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