CAPSTAR Joins Cassidy Turley
St. Louis–CAPSTAR Commercial Real Estate Services has joined Cassidy Turley.
20 Pine Residents Access Subway without Stepping Outside
New York—Residents at 20 Pine enjoy a private, secured subway entrance.
Economy Watch: Foreclosures at Record Levels in 2010
2010 saw a record number of foreclosures; Neil Barofsky warns of the possibility of future bailouts; and many Americans are still desperate for work.
New Green, Modular Student Housing in Philadelphia, Plus Slideshow
Philadelphia–By utilizing modular construction, Equinox was able to shorten the construction schedule and decrease costs. The modules were created in an efficient assembly-line process–off site.
Pinnacle’s Winthrop Court Posts Fast Sales
Clifton, N. J.–Since partnering with KABR Real Estate to purchase the nonperforming construction loan for 39 unsold residences at Winthrop Court, The Pinnacle Companies has sold 64 percent of the community’s residences.
JV Acquires SoCal Student Housing for $43M
Riverside, Calif.–Among other perks, the Palms on University boasts a fitness center, computer lab, game room, tanning salon, pool and spa, and outdoor basketball and volleyball courts.
Economy Watch: Beige Book a Model of Restrained Optimism
Economic conditions thawed in the last two months of 2010; new life is expected for housing starts in 2011; and AIG is on its way to paying back U.S. taxpayers.
The Role of Urban Design: Q&A with Clark Manus
Recently elected AIA President Clark Manus talks to MHN about the role architecture and design have in urban communities.
No Immediate Plans for More Multifamily at Atlantic Station
Atlanta–CB Richard Ellis Investors has acquired an office building, parking garage and some undeveloped land at the mixed-use Atlantic Station.
Security Properties Establishes Property Management Firm
Seattle—Multifamily owner Security Properties Inc. has formed Madrona Ridge Residential, its new affiliated national property management firm.