Business Specialties
Cash, Stock and the REIT Market
For REITs seeking to invest, a big benefit lies in their ability to use stock instead of cash, which allows them to keep leverage low while still pursuing opportunities with private sellers.
Ground Broken for Mixed-Use CityCenterDC in Heart of D.C.
Washington, DC–Hines and Archstone broke ground this week on the CityCenterDC development, a mixed-use project on 10 acres in downtown Washington.
Heller Appointed as Green Growth Councilor
San Francisco–Jeffrey Heller, FAIA, president and founder of Heller Manus Architects, has been appointed to the Green Growth Leaders’ Council, an international alliance of leaders dedicated to accelerating the green economy.
Ground Broken for Mixed-Use CityCenterDC in Heart of D.C.
Washington, DC–Hines and Archstone broke ground this week on the CityCenterDC development, a mixed-use project on 10 acres in downtown Washington.
Development of $1B Mixed-Use Project in Northern Virginia Begins
McLean, Va.–Development of One Loudoun, a sprawling 358-acre master-planned community in McLean, Va., has officially gotten underway.
REITs Rule Today’s Market–under the Right Circumstances
New York–The message from the NYU Schack Institute of Real Estate’s REIT Symposium was that it’s a good time to be a REIT, but the opportunities today are not for everyone.
MHN Interview: Pierce-Eislen’s Ronald Brock, Sr.
Ronald Brock, Sr., president and CEO of Pierce-Eislen, Inc., talks to MHN about the economic factors keeping demand ahead of supply in the apartment industry, such as household formations and cost of materials.
Affirmed Housing Group Breaks Ground on Affordable Apartments in L.A.
Los Angeles–Affirmed Housing Group makes its debut in Los Angeles with the ground breaking on the 60-unit green property, Lotus Garden Apartments.
TODAY’S DEALS: Raintree Partners Acquires 270-Unit Property in Burbank for $43M
Raintree Partners aquires a 270-unit Burbank property in Burbank, Calif.; Red Capital Markets provides $19M in tax credit equity; and Oak Grove Capital recently originated $20.7 million for two seniors housing communities.
WEB FEATURE: Curb Appeal Slideshow
MHN spotlights properties across the country that are demonstrating elegant, innovative curb appeal.