News

TODAY’S DEALS: Berkadia Brokers $55.5M Sale of Property

Berkadia brokers the $55.5 million sale; BMC Capital provides a $2.512 million loan for a property in Austin, Texas.

TODAY’S DEALS: Capital One Bank Closes $90M Construction Loan in Washington, D.C.

Capital One Bank announced that it has closed a $90 million construction loan for Grosvenor Americas’ mixed-use project in the Capitol Riverfront District; and Granite Investment sold senior housing properties for $23.4 million.

What Renters Want with Jessica Fiur: Harry Shearer & The Simpsons: What to Do When a Multifamily Employee Leaves

Harry Shearer, the voice actor for many key characters on The Simpsons, is allegedly leaving the show. Employees unfortunately leave all the time. Here are some tips on what to do when an employee leaves your multifamily community.

The Altman Cos. Completes Garden-Style Apartments

The Altman Cos. is on the verge of completing its garden-style apartment property, Altís at Highland Park.

Starwood Expands Footprint in Vietnam with Signing of Sheraton Danang Resort

Starwood Hotels & Resorts Worldwide is expanding its presence in Vietnam with the signing of the Sheraton Danang Resort, a new beachfront property located in Danang, the country’s third largest city.

Historic Palace in Lisbon to Be Redeveloped into Luxury Serviced Apartments

A $22 million investment in the restoration and transformation of the 500-year-old Palácio dos Condes de Lumiares is set to transform the property into a luxury apartment community.

The Walbrook Building Sold to Taiwan-Based Life Insurance Company

A high-quality office headquarters building in central London changed hands, as announced by Minerva Ltd.

Student Housing Gets Five-Star Amenities

What’s trending now in rental properties.

Modern Spaces Named Leasing Agent for Astoria’s Newest Development

Tsilo Group has a new residential project coming to Astoria, Queens, and has chosen leading brokerage firm Modern Spaces as the exclusive leasing and marketing agent.

Economy Watch: Retail Sales Growth Slows to a Halt

Retail sales growth took a pause in April, according to the Census Bureau.