Job Magnets Attract Olympus Property to Chattanooga
Olympus Property has acquired the Legends at White Oak in Ooltewah, Tenn.
Strategic Properties Wins Fannie Mae Loan For Chicagoland Buy
An affiliate of the investment management firm acquired a 342-unit property in suburban Wheaton, Ill.
Security Properties Snaps Up Another Phoenix-Area Apartment
The company now owns five assets in the market.
Cortland Scores $62M Freddie Mac Loan in Metro Atlanta
Greystone provided the seven-year, fixed-rate financing, which was arranged by iCap Realty Partners.
Economy Watch: Residential Construction Spending Up in July
While total construction spending didn’t increase much in July, residential projects in the private sector saw a boost for the month.
JV Acquires Senior Housing in DC, NY
A joint venture between Blue Vista Capital Management and Meridian Senior Living purchased two senior living communities located near a variety of medical providers.
Economy Watch: Job Growth in August Less Robust
The latest jobs report revealed an employment increase of 155,000, representing some growth but not as much as in recent months.
Hines, TIAA Team on Luxe High-Rise in Houston
The 34-story Residences at La Colombe d’Or will rise next door to an historic hotel and restaurant, which will undergo a $10 million renovation and expansion.
Related Wins $74M Loan for Miami-Area Project
Manor at CityPlace is the first of three multifamily communities the Related Group of Florida is planning at a 48-acre site in the Airport West submarket.
Economy Watch: Despite Weak GDP, Few Worries from the Fed
While second-quarter GDP growth was relatively small, the Federal Reserve doesn’t seem discouraged from considering an interest rate increase.