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TODAY’S DEALS: Kushner, Extell Grab Oceanfront Mixed-Use Asset in N.J.

TODAY’S DEALS: Kushner, Extell Grab Oceanfront Mixed-Use Asset in N.J.

Kushner and Extell buy an oceanfront asset with expansion plans; Steadfast Apartment REIT completes its second buy in Georgia; and NC Pepe Corp. sells a property in Brooklyn's Williamsburg. …

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Economy Watch: Residential Price Increases Still Slowing Down

Economy Watch: Residential Price Increases Still Slowing Down

The deceleration of residential prices continues apace, according to the latest S&P/Case-Shiller Home Price Indices.…

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TODAY’S DEALS: StarPoint Grabs 259 Units in Los Angeles County

TODAY’S DEALS: StarPoint Grabs 259 Units in Los Angeles County

StarPoint completes a $51.8 million acquisition; Marcus & Millichap brokers a 26-unit sale in Illinois; and NorthMarq Capital arranges $11.86 million in Fannie Mae acquisition financing. …

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Economy Watch: World Bank Warns of Long-Term Economic Dislocation from Climate Change

Economy Watch: World Bank Warns of Long-Term Economic Dislocation from Climate Change

The World Bank released a report on the long-term impact of climate change, focusing on the affect on the “lives and livelihoods” of people in three parts of the world. …

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TODAY’S DEALS: Greystone Closes $43.7M Affordable Transaction in Alabama

TODAY’S DEALS: Greystone Closes $43.7M Affordable Transaction in Alabama

Greystone has closed a $43.7 million affordable housing transaction in Alabama; NorthMarq secures $103.7 million for a Texas portfolio; and Berkadia structures $55 million for the construction of a multifamily property located in a master-planned community. …

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Fannie Mae Partners with Detroit Land Bank Authority to Stabilize Neighborhoods

Fannie Mae Partners with Detroit Land Bank Authority to Stabilize Neighborhoods

Fannie Mae has partnered with the Detroit Land Bank Authority to help stabilize neighborhoods hard-hit by foreclosure. …

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Economy Watch: State Unemployment Rates Edge Down

Economy Watch: State Unemployment Rates Edge Down

Unemployment rates decreased in 34 states and the District of Columbia in October compared with September, while five states suffered increases and 11 states had no change, the Bureau of Labor Statistics reported.…

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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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