News
Economy Watch: U.S. Births Slightly Higher in 2013 Than ’12
The National Center for Health Statistics reported in “Births: Preliminary Data for 2013” that the number of U.S. births was 3,957,577 last year, slightly more (4,736) than during 2012.
LeCesse Development Begins Work on Orlando-Area Apartments
LeCesse Development has broken ground on RiZE at Winter Springs, a 244-unit apartment project in Winter Springs, Fla. Also collaborating on the development are Morgan Management, which is based in Rochester, N.Y., and Boston-based UC Funds.
TODAY’S DEALS: Meridian Capital, Capital One Arrange $64M Interest-Only, Cash-out Refinance
Meridian Capital Group, in partnership with Capital One Multifamily Finance, negotiates the $64 million refinancing of Palm Island; and a Hollywood apartment building trades hands for $3.4 million.
Related Companies’ Belmar Apartments Opens in Santa Monica
Related Companies has announced the grand opening of the KTGY Group, Architecture + Planning-designed Belmar Apartments in Santa Monica.
Carlson Rezidor to Open Two New Hotels in Poland in 2016
Carlson Rezidor, one of the largest hotel companies in the world, is adding two new hotels to its portfolio of properties in Poland.
EdR Names Bill Brewer CFO and Steven Schnoor SVP
EdR announced that Bill Brewer has joined the company as executive vice president and chief financial officer and Steven Schnoor has joined its development team as senior vice president of Western Development..
Waterton’s Presidential Towers in Chicago Captures LEED Silver
On the heels of a multi-year redevelopment, Chicago’s Presidential Towers apartment community has been awarded LEED Silver certification from the U.S. Green Building Council.
Duravit USA Announces Second Annual Designer Dream Bath Competition
Following a successful launch in 2013, Duravit USA, Inc. has announced its second annual Designer Dream Bath Competition.