News
Avanti Rolling Out New Seniors Properties in Texas
Avanti Senior Living is on the verge of starting work on its latest property, Avanti at Flower Mound, which is part of a series of the developments by the Woodlands-based company either recently under way or in the advanced planning stages.
Alkis Klimathianos Joins Goldstein, Hill & West Architects as Senior Associate
Goldstein, Hill & West Architects (GHWA), a New York City-based architecture firm responsible for more than 35,000 residential units in over 100 buildings throughout Manhattan, announces that Alkis Klimathianos has joined the firm as a senior associate in its design department.
Multifamily Real Estate Veterans Launch Magellan Investment Partners
Magellan Investment Partners recently launched, expanding the Magellan Development Group’s reach into the acquisition of multifamily housing investment opportunities across the country.
TODAY’S DEALS: Forest City Buys Out Equity Partner in Modular Brooklyn High-Rise
Forest City buys out its equity partner in a modular Brooklyn high-rise amid a construction dispute; Ivanhoé Cambridge partners with Black Creek on a Mexico City development; and NorthMarq Capital completes a $15.75 million Freddie Mac refinance with forward lock.
South East Regional Hospital in Australia Tops Out
The new $187 million hospital in the Bega Valley Shire has topped out recently. Site work commenced earlier this year. Brookfield Multiplex is in charge of construction; the contractor was called upon to carry out the project this year in February.
EXPO Real Special Report: Cross-Nation Urban Clusters
On the final day of this year’s international property trade fair EXPO Real in Munich, struggling economies made their case for new investment opportunities while developing regions in Europe discussed the advantages and disadvantages of trying to develop clusters.
Carroll Organization Acquires Florida Luxury Waterfront Property
Carroll Organization and Goldman Sachs Asset Management have acquired Mariner’s Key, a luxury waterfront apartment community situated on the Intracoastal of North Palm Beach, Fla.
Economy Watch: Number of Job Openings Jumps
There were 4.8 million U.S. job openings on the last business day of August, up from 4.6 million in July, the Bureau of Labor Statistics reported in its Job Openings and Turnover Summary (JOLTS).
Hanover Co. Obtains $67M Loan for Houston Apartment Tower Development
Hanover Co. has secured a $67 million loan to finance Hanover Montrose, a high-rise multifamily rental property under construction at 3400 Montrose Blvd. in Houston.