News
Cocke Finkelstein to Debut New Brand with JV Development in Atlanta
Cocke Finkelstein has announced that it has kicked off construction on a 283-unit, Class A, mixed-use multifamily community in the greater Atlanta area that will serve as the launching point for the company’s new apartment brand, The Olmsted.
Campus Evolution Villages Acquires UA Property
Campus Evolution Villages has acquired University Village, a housing property serving University of Alabama students in Tuscaloosa, Ala. The acquisition delivers an increase of more than 1,160 beds to the company portfolio.
Economy Watch: JOLTS Reports Higher Quits Among US Workers
There were 4.7 million job openings on the last business day of September, according to the Bureau of Labor Statistics in its Job Openings and Labor Turnover Survey.
JV Begins Apartment Redevelopment in Suburban DC
The Bozzuto Group and Wesley Housing Development Corp. have broken ground on Union on Queen, the redevelopment of the Pierce Queen apartment property in Arlington, Va.
TODAY’S DEALS: HFF Closes $80M Sale of Iconic Downtown Miami Development Site
HFF announced that it has closed the $80 million sale of a two-acre development site on Biscayne Boulevard.
Safra Group Pays More Than $1B for The Gherkin in London
The Safra Group, an international network of companies led by Brazilian billionaire Joseph Safra, recently announced the purchase of 30 St. Mary Axe in London, also known as The Gherkin due to its unusual shape.
Insight Property Group Development in Northern Va. Ready For Occupancy
Insight Property Group’s new development, The Shelby, a mid-rise luxury community comprised of 240 residences in Alexandria, Va., has opened for leasing.
JW Marriott Launches 115-Room Luxury Resort in India
JW Marriott Hotels & Resorts announced the opening of JW Marriott Mussoorie Walnut Grove Resort & Spa.
Economy Watch: EIA Predicts Lower Oil Prices in ’15
The Energy Information Agency is predicting lower oil prices next year, which on the whole would be a positive for the U.S. economy, though the agency also stresses the uncertainty involved in predicting prices.