News
Meta Housing Corp. Completes $32.4M Seniors Housing Community in San Clemente
Meta Housing Corp. has completed Cotton’s Point Senior Apartments, a $32.4 million affordable housing community for seniors aged 62+ in the seaside community of San Clemente, Calif.
Economy Watch: QE3 Almost Gone, But Interest Still on Hold
The Federal Reserve’s unprecedented stimulus of the economy, sometimes known by the shorthand QE3, seems to be on its last legs.
KTGY-Designed Community Nears Completion in Denver
KTGY Group Inc., Architecture + Planning has announced that its recently designed apartment community, Aster Conservatory Green, which is being developed by Forest City Enterprises of Cleveland, is nearing completion in Denver.
TODAY’S DEALS: EdR Nabs 900 Luxury Beds Serving Arizona State University
EdR buys a student housing asset with a lazy river pool; Berkadia negotiates and originates over $21 million under time limit; and Sperry Van Ness | TJF Investments brokers a 77-unit sale in Dallas.
Sackett Union Condos, Townhouses Sell Quickly
The demand for condos and townhouses in Brooklyn remains brisk, with the developer of Sackett Union, a condo and townhouse project in the Carroll Gardens section of the borough, reporting that the property has fetched record prices for the area.
Two Visionary Housing Experts Named MacArthur “Geniuses”
The John D. and Catherine T. MacArthur Foundation today named its 2014 class of MacArthur Fellows, recognizing 21 exceptionally creative individuals with a track record of achievement and the potential for significant contributions in the future.
Duravit USA Appoints Janina Griebe Marketing Manager
Duravit USA has announced that longtime team member Janina Griebe has been appointed marketing manager.
Amazon to Open New 431,000-Sq. Ft. Office in London in 2017
Amazon Inc. recently announced plans to quit its UK base of 16 years in Slough, Berkshire, and move to a brand new office in east London in 2017.
IREM, City of Houston Join Forces on Local Sustainability Initiative
The Institute of Real Estate Management (IREM) and the City of Houston have signed A Memorandum of Understanding outlining a collaborative relationship and division of labor.
Economy Watch: Poverty Rate Edges Down, Number of People in Poverty the Same
The U.S. official poverty rate in 2013 was 14.5 percent, down from 15 percent in 2012, the Census Bureau reported.