Economy Watch: Fed Minutes Reflect Central Bank Caution (Or Timidity)
The Federal Reserve released the Minutes of the Federal Open Market Committee.
Economy Watch: Retail Ekes Out Continued Slow Growth
The U.S. retail sector remains commercial real estate’s the most sluggish property type, an unwanted distinction it’s had since the recession.
Trammell Crow Plans Apartments for Downtown Anaheim
The project, which Trammell Crow Residential plans to call Alexan CtrCity, is scheduled to break ground in August.
Economy Watch: Apartment Vacancy Up, Rents Still Increasing in Q1
The national vacancy rate increased again during the first quarter, rising by another 10 basis points to 4.5 percent.
Manhattan Residential Sales Fewer in Number, But Higher in Price
The average price of a condo in New York City was $3.2 million in March, and the average price of a co-op was $1.3 million.
Waterton Buys Atlanta Apartment Building for $58M
Waterton plans a capital improvement program to enhance both the residential units and the common areas.
Economy Watch: Construction Spending Edges Downward
U.S. construction spending dropped 0.5 percent in February compared with January.
Grandbridge Closes on Three Financial Deals for Senior Housing
The transaction totaled about $52 million.
California Landmark Group Buys Mid-Century Apartments, Plans Upgrades
The investor says it plans to reposition the properties to cater to the housing needs of young professionals moving into the area.