News
Breaking Down the Rental Decision
Study finds that strangers are more influential than friends and family.
TODAY’S DEALS: Hamilton Zanze Grabs Fifth Community in Portland MSA
Hamilton Zanze acquires a 210-unit asset for $22 million; Federal Capital Partners provides Kane Realty Corp. with mezzanine financing for a Raleigh, N.C., development; and a Detroit apartment property sells for $2.5 million.
‘Vista Lux’ Retail Strip Coming Soon to AKOYA Oxygen in Dubai
DAMAC Properties, the developer of Dubai’s AKOYA Oxygen, revealed the master-planned luxury living community’s upscale retail strip at the Arabian Travel Market exhibition, a major travel and tourism event held in Dubai. Called Vista Lux, the upscale entertainment and retail district will encompass some 1 million square feet, extending through the center of the neighborhood.
Greystar & Ivanhoé Cambridge Team Up on Eco-Friendly D.C. Community
Greystar and Ivanhoé Cambridge are developing 801 New Jersey Ave., SE, a new mixed-use development in Washington, D.C.
Wayne Everett Joins Pennrose Properties as Director of Asset Management
Wayne Everett has joined Pennrose Properties LLC as director of asset management, a new position for the organization.
Tristan Buys Four Italian Shopping Malls from French Altarea for $137M
Pan-European real estate investment manager Tristan Capital Partners has entered the Italian market with the acquisition of four shopping centers through its EPISO 3 opportunity fund.
First Development in Three Decades Announced for Malmö Neighborhood
Located on the Southern end of Sweden, the city of Malmö is seeing a large amount of recent activity with a newly announced residential development in its Vårsången neighborhood.
Downtown San Diego Welcomes 250 Affordable Apartments
The grand opening of 250 affordable rental apartments was celebrated with a ribbon-cutting ceremony.
Manhattan’s Newest, Hottest Condo Market Revealed
Manhattan real estate prices are at an all-time high, with a great number of new luxury residences hitting the market each year.
Wanda Group to Invest $26B in Developments across the Province of Sichuan
Dalian Wanda Group, one of China’s largest property developers and the world’s largest cinema chain operator has announced plans to invest 162 billion yuan (more than $26 billion) in developments across the Sichuan province.