News
City Slickers: Are Seniors Really Moving Back to the Urban Core?
Wendell Cox, principal of Demographia, an international public policy and demographics firm, says not to believe the hype, saying senior population gains continue to grow larger in the outer suburbs and he doesn’t believe there’s a so-called resurgence of seniors in the urban core.
How to Satisfy Student Housing IT Demand and Stay Ahead of the Game
The basic building blocks of student housing Internet aren’t like residential Internet; they’re much more like a Fortune 500 company enterprise network. MHN spoke with Campus Apartments CIO Andrew Marshall to find out how property owners can keep up with student demand and ever-growing technology.
Olympic Residential Starts Apartment Project in Berkeley
Olympic Residential Group has broken ground on a mixed-use development at 2121 Dwight Way in Berkeley, Calif., with 99 residential units.
New Philadelphia Community to Feature Covered Garage as an Amenity
Mack-Cali and Parkway Corp. have formed a joint venture to develop a multifamily property at 709 Chestnut St. in Philadelphia.
JLL Arranges Record Breaking Deal for Helsinki Development Project
The REDI Shopping Centre development project in Helsinki is well underway as a financing deal has been struck with a syndicate of banks.
122-Room Lexington Klapa Resort Opens in Bali
Vantage Hospitality Group has recently opened a new Lexington by Vantage-branded hotel in Bali, Indonesia.
Putting a ‘Rockefeller Center-Type’ Development in Miami
Swire Properties Inc. has topped off REACH, the second of two premier luxury condominium towers to top off at the $1.05 billion master-planned Brickell City Centre.
Detroit Getting First Luxury Apartment Building in 25 Years
Downtown Detroit will soon see its first brand-new, mixed-use luxury apartment development in more than 25 years.
Economy Watch: CRE’s a Hedge Against Inflation, But So What?
Inflation is about as dangerous as an after-dinner mint these days, which casts some doubt on commercial real estate’s traditional role as a hedge against inflation.
TODAY’S DEALS: Hunt Mortgage Supplies $44.4M Full-Term, Interest-Only Loan
Hunt Mortgage Group provides a $44.4 million Freddie Mac loan to facilitate the acquisition and upgrade of a multifamily property; and Walker & Dunlop structures a $54.8 million Fannie Mae loan.