News
$24.6 Million Renovation Planned for Affordable Community
Enterprise Homes and SunTrust have committed to a $24.6 million renovation project in Fredrick, Md., which will be designed by Grimm + Parker.
Colliers International Announces Greg Walz as Vice Chairman
Greg Walz has joined Colliers International as vice chairman of capital markets group. He will assist with institutional business development and client management.
Starwood Expands UK Portfolio with Purchase of Two Scotland Hotels
Starwood Capital Group has recently announced the purchase of The Town House Collection, a leading independent hotel group in Scotland.
Marketing 163 Units and Accessibility to Manhattan
Woodford Station at Cranford, the newest rental apartment community from regional real estate developer Woodmont Properties, has officially opened for leasing.
Mixed Use, and ‘Very Walkable’
New Century Cos. and Monogram Residential have broken ground on UPtown Delray, a $26 million mixed-use development in Delray Beach, Fla.
TODAY’S DEALS: Hunt Mortgage Provides $6M, Full-Term Interest-Only, Bridge Loan
Hunt Mortgage Group announces that it has provided a $6 million bridge loan to refinance Sun Bay Apartments; and Colliers completes the sale of a 228-unit Class B property in Austin, Texas.
Recent Acquisition Brings Company Portfolio to 11,000 Units
Philadelphia-based GoldOller Real Estate Investments expands into the Texas market with its $52.5 million acquisition of the Trails at Dominion Park, an 843-unit luxury garden apartment community in Houston.
$36M Loan for Waterfront Community Gut Renovation
Far West Management has received a $36 million bridge-to-perm loan to renovate Villa Del Mar Apartment Homes, a 196-unit, four-building multifamily community with 209 boat slips, located on the Marina Del Rey-waterfront.
Economy Watch: Will Interest Rates Rise Sooner Rather Than Later?
Predicting what the Federal Reserve’s going to do about interest rates is something of a mug’s game, since the central bank goes out of its way to be opaque about policy matters.
TOD Boasts Proximity to Disney
Texas-based JPI/TDI Cos. has closed on its acquisition of 7.64 acres in Anaheim, Calif. The company plans to build a 400-unit apartment at the site.