News
Baltimore-Area Apartments Get New Property Manager
ROSS will manage Towson Woods, a 168-unit apartment community in Towson, Md.
Product Spotlight on Marvin Ultimate Multi-Slide Door
Marvin Windows and Doors’ new automated sliding door feature makes it easier to bring the outdoors in.
Soho Properties Lands $219M Financing for Trophy Condo Tower
A global consortium of lenders provided construction financing for 45 Park Place, a Tribeca tower to be designed by renowned architects.
Thor Equities Expands Its Uptown Portfolio with Another Multifamily Property
The 39-unit prewar residential property is located in the midst of three thriving districts and offers easy access to transportation.
Wendover to Start Work on GA Affordable Project
Granite Crossing will feature one-, two- and three-bedroom units with monthly rent ranging from $750 to $1,000.
KB Home Expands in San Antonio with 75-Acre Acquisition
California-based KB Home plans to expand its San Antonio footprint with a 234-home development in northwestern Bexar County.
Market Pulse for June 2016
Market Pulse section compiled by Suzann Silverman. To comment, email ssilverman@cpexecutive.com. Multifamily Starts: Housing starts of buildings with five or more units have oscillated in recent months. In March 2016, starts of buildings with five or more units fell by 8.5 percent to a seasonally adjusted annual rate of 312,000. Over the previous 12 months dating back to March 2015, these housing starts have risen on a monthly basis six times—March 2015, April, June, September, November and February 2016—while falling on a monthly basis in the other six months. However, using the three-month moving average to smooth the month-to-month volatility…
Southwest Houston Community Gets New Management after Changing Hands
The garden-style Breaswood Plaza, which was recently acquired by Keener Investments, sits within a 20-minute ride from the Texas Medical Center.
Related California Debuts Affordable Mixed-Use Community
A partnership between the developer and San Bernardino County has completed the first phase of a five-acre site.
TMG Partners Announces Sale of San Jose Property
Bay area mixed-use property developer TMG Partners has announced the sale of 250 West Tasman Drive, a 99,550-square-foot building at Champion Station.