Apartments to Rise on Site of Failed San Diego Condo Development
San Diego–Alliance Residential Co. has acquired a 1.3-acre development site in the Little Italy district of downtown San Diego and is planning 201 apartment units for it.
Apartments to Rise on Site of Failed San Diego Condo Development
San Diego–Alliance Residential Co. has acquired a 1.3-acre development site in the Little Italy district of downtown San Diego and is planning 201 apartment units for it.
Economy Watch: EU Under Pressure to Bail Greece Out Again
It was a long holiday weekend in the United States, but across the Atlantic, Euro-bureaucrats and -bankers were at work trying to keep Greece from defaulting on its debts and thus doing some kind of unpredictable harm to the euro.
Joint Venture Plans Metro Charleston Multifamily
Mount Pleasant, S.C.–CNL Macquarie Global Growth Trust Inc. and Woodfield Investments have entered into a joint venture to build a 258-unit multifamily development in Mount Pleasant, S.C.
N.J. Multifamily Project Repositioned from For-Sale to Rental
Elizabeth, N.J.–Waters Edge Crescent of Elizabethport has made the transition from an uncompleted for-sale townhouse project to finished affordable rental apartments.
NAR Predicts Better Times Yet for Multifamily
Chicago–The National Association of Realtors is predicting better times ahead for commercial real estate, including the apartment rental market, which has already experienced a strong recovery from the recession.
Zero Net Energy Development Near Completion at UC Davis
Davis, Calif.–The University of California-Davis is near completion of the first phase of a mixed-use project it is calling the “largest planned zero net energy community” in the United States.
AFL-CIO Housing Investment Trust Invests $58M to Build Boston Apartments
Boston–The AFL-CIO Housing Investment Trust has committed $58.2 million of union pension capital for the construction of the new Charlesview Apartments in Boston.
Economy Watch: Unemployment Edges Down in Most States
Labor statistics for April vary from state to state; IMF makes a 26 billion-euro loan to Portugal; and Donald Trump’s school is under investigation.
Work Begins on Affordable Property in Riverside County, Calif.
Lake Elsinore, Calif.–Ground has been broken on Pottery Court Apartment Homes, 113 dwellings for families earning between 30 and 50 percent of area median income.