JV Acquires Value-Add Community in Suburban Atlanta
Admiral Capital Group and McCann Realty Partners have acquired Howell Bridge Apartments, a 256-unit community in Duluth, Ga., for $8.7 million.
CRE Prices Dip For First Time in Six Years, Says Moody’s
Moody’s/RCA reported that its Commercial Property Price Indices’ national all-property composite index declined 0.3 percent in January 2016.
Nashville-Area Apartments Trade for $93M
The portfolio consists of Bellevue West and Highlands at the Lake, which together total 838 units.
Construction of Roebling Lofts Under Way
The project is the first phase of the larger development, Roebling Center.
Economy Watch: Strong Jobs Numbers, But Also Concerns
Employment in many major industries, including manufacturing, transportation and warehousing, wholesale trade, financial activities, professional and business services, and government, showed little change over the month.
Report Details the Most Distressed, Most Prosperous Parts of the US
A look at the Distressed Communities Index Report’s findings.
Economy Watch: A Solid Jobs Report for February
Defying recent worries, the U.S. economy turned in a strong performance in February in terms of job creation.
Massive Bronx Multifamily Portfolio Sells for $140M
The deal is reportedly the largest portfolio sale in the borough since 2013.
Economy Watch: Beige Book Reports Uneven Growth
On the whole, the Fed’s anecdotal evidence pointed to economic expansion in most, but not all places.
JV Buys Florida Senior Housing Portfoliofor $555M
The Aston Gardens portfolio encompasses private-pay, primarily independent living seniors housing properties totaling 1,930 units.