News
VIP Packages to Attract ‘Sophisticated’ Buyers
Scottsdale’s Entertainment District is getting its first and only luxury condominium tower.
Why We Love Business Intelligence
Josh McDonald of Holland Partner Group discusses business intelligence.
PB Bell Starts Work on Phoenix-Area Apartments
Multifamily specialist P.B. Bell Cos., has begun construction on Velaire at Aspera, an apartment property within the Aspera mixed-use development in Glendale, Ariz., a suburb of Phoenix.
Sunrise Names New VP of Marketing
San Diego-based Sunrise Management has promoted Melissa Deen to the position of vice president of marketing.
TODAY’S DEALS: ASB Acquires Class A Seattle Apartments for $90M
ASB Real Estate Investments announced the acquisition of buildings in the burgeoning Capitol Hill neighborhood; a newly built California asset trades for $84 million; and ARA Newmark closes two suburban Atlanta sales.
Ashford Hospitality, HFF Offer Details of Marriott Financing
By Liviu Oltean, Associate Editor A month after Ashford Hospitality Trust Inc. closed on the $43.5 million purchase of the Marriott Memphis East Hotel, the REIT and its advisor, HFF, have revealed details of the acquisition financing. Dallas-based Ashford reported in late March that it had obtained a $33.3 million floating-rate mortgage pegged to […]
Developer Lines up Ambitious Redevelopment Project for Toronto’s Waterfront
News of a $560 million development initiative recently broke in Toronto, as an area of the city’s waterfront industrial area is set to be transformed into a new arts hub.
Greenland Group Taps Brookfield Multiplex to Build Sky-High Apartment Project in Sydney
Construction on the Greenland Centre residential tower in the heart of Sydney’s commercial business district has begun.
Economy Watch: Construction Edges Down Because of Energy
U.S. construction spending experienced a modest downtick in February, off 0.1 percent overall, but is still 2.7 percent higher than the same month last year, according to the Census Bureau.
Acquisition Philosophy: To Give the Renters What They Want
Mill Creek Residential is renovating its newest acquisition, the Heritage Creek apartment community, which features 324 apartment homes in the Denver metro area.