News
Economy Watch: Job Growth Slowing Down
In March, overall U.S. employment growth wasn’t as robust as expected, and the latest employment stats from the states and D.C.—which are also March numbers—reflect a similar slowdown, though not a job market that’s coming to a sudden halt.
Victor Group and Lend Lease Team Up on Manhattan Condominium Building
Victor Group announced it paired up with Lend Lease to develop a residential project at 281 Fifth Ave. in Manhattan.
New Development Features Workforce and Supportive Housing
Highridge Gardens, a new housing development in Poughkeepsie, N.Y., has opened. The locally based Kearney Realty & Development Group, along with Rehabilitation Support Service, developed the property.
TODAY’S DEALS: What Does $250M Get You in Colorado?
Bell Partners buys one of Colorado’s largest apartment communities; MIG Real Estate grabs a 301-unit townhome asset in North Dallas; and Hunt Mortgage Group finances the acquisition of properties via Fannie Mae.
Condo Development Comes to Up-and-Coming NY Area
George Xu and Century Development are developing Liv@ Murray Park, a new 39-apartment condo development in Long Island City, with Modern Spaces acting as sales agent for the property.
Major Milestone Reached in New $45M Cadet Residence Hall
A flag-raising ceremony took place to celebrate a construction milestone in the building of the new Texas A&M Maritime Academy Residence Hall.
Economy Watch: Warnings of a New Recession?
This month’s CFNAI-MA3 is more evidence for the widely held notion that the economy slowed down during the first quarter and might not be speeding up now.
New LUXE Drain Modernizes Residential and Commercial Showers
The newly released LUXE Stainless Steel Square Wedgewire Drain is perfect for trendy, modern custom showers in residential and commercial settings.
Alston Park Redevelopment Honored for Innovation, Wins LEED Gold
Alston Park, an affordable multifamily development in Cincinnati, has received the Ohio Conference of Community Development President’s Award for Innovative Practices.
TODAY’S DEALS: West Palm Beach Apartments Trade Hands
A Fairfield affiliate sells a 222-unit property in West Palm Beach; Fowler Property Acquisitions grabs an asset in Tallahassee; and NorthMarq Capital finalizes two multifamily properties through Freddie Mac totaling $34.8 million.