News
Economy Watch: Case-Shiller Reports Home Prices Rising Slowly
The latest S&P/Case-Shiller Home Price Indices, which were released by S&P Dow Jones Indices, show a continuing slowdown in U.S. home price increases.
What Renters Want with Jessica Fiur: The Simpsons, Family Guy and Multifamily Community Outreach
The Simpsons and Family Guy recently had a crossover episode. Apartment communities could also “crossover.”
Condo Conversion of Federalist Era Mansion Nearly Complete
Pre-sales for condominiums in The Maples, a Federalist Era Washington, D.C., mansion originally built by William Mayne Duncanson, have reached 70 percent according to the property’s exclusive sales and marketing firm, Urban Pace.
TODAY’S DEALS: GoldOller Acquires 1,998-Unit Community in Indiana
One of the largest rental communities in the United States trades hands for $85 million; and a joint venture between Balfour Beatty and ApexOne buys a 152-unit boutique community in Lady Lake, Fla.
Walker & Dunlop to Acquire Johnson Capital
Walker & Dunlop Inc. announced that is has agreed to acquire Johnson Capital’s loan origination and servicing platform.
LCOR Partners With Artists to Enhance its 250N10 Property in Brooklyn
Investment management and development company LCOR recently partnered with two internationally renowned artists to creatively enhance its recent development, 250N10.
Chuck Parker Named Division President of Corvias Military Living
Corvias Group announced that Charles E. (Chuck) Parker has been appointed division president of the company’s military housing division, Corvias Military Living.
JPI Opens Leasing for 360-Unit Luxury MF North of Dallas
JPI has begun leasing on Jefferson Center, a 360-unit luxury multifamily community in the Richardson submarket north of Dallas, Texas.
Economy Watch: Personal Income, Spending Inch Up in August
Personal income increased $47.3 billion, or 0.3 percent in August, according to the Bureau of Economic Analysis.
Unsold Pre-Recession Condos in Broward on the Market
The remaining condo units at Marquesa, a property in Pembroke Pines, which is in Broward County, Fla., are being taken to market.