News
Incheon’s NEAT Tower Opens, Takes the Title of South Korea’s Tallest Skyscraper
After eight years of construction, South Korea’s tallest skyscraper is finally open.
Tata Housing Unveils New High-End Residential Community in the National Capital Region of India
Tata Housing Development Company is rolling out a new luxury residential project called Arabella.
European Hotel Group Pushes Further into African Market
Hôtel Des Milles Collines in the capital city of Kigali, Rwanda, is under new management.
Economy Watch: Beige Book Says Economy Still Growing
According to the latest Beige Book, which was released by the Federal Reserve, all 12 Federal Reserve Districts reported expanding economic activity.
Criterion Opens Boutique Resort-Style Multifamily Community in North Dallas
Criterion Property Company has opened VV&M Boutique Residential Living, a 310-unit multifamily community situated at the northwest corner of Montfort Road and Verde Valley Lane on the Addison/Dallas border.
Carroll Organization Acquired Three-Property Portfolio
Carroll Organization has acquired a three-property multifamily portfolio consisting of apartment complexes in three different Southeastern states. All together, the portfolio includes 1,937 units in Alabama, North Carolina and Tennessee, expanding the company’s presence in that part of the country.
Brooklyn’s 388 Bridge Street Now 75 Percent Leased
The Stahl Organization and Halstead Property Development Marketing have announced that the 53-story hybrid residential building 388 Bridge Street in Brooklyn is 75 percent leased. The 378-unit, mixed-use building includes 234 rental units, 104 condominiums and 40 penthouse residences.
TODAY’S DEALS: Berkadia Secures More Than $156M in Financing for Capital Senior Living
Berkadia Commercial Mortgage arranges $156.6 million in financing for a portfolio of 15 seniors housing properties; Walker & Dunlop structures a $70.5 million loan for a Boston-area acquisition; and EdR sells two student housing communities for a combined $29.9 million.
Carrfour and Pinnacle Open Affordable Property in Little Havana
Carrfour Supportive Housing and Pinnacle Housing Group have opened Amistad Apartments, an 89-unit property they developed in Miami’s Little Havana neighborhood.
Edward Yang Announced as Partner at JBM Institutional Multifamily Advisors
CEO & Chairman Jamie May announced that Edward Yang has become a partner and executive director of JBM™ Institutional Multifamily Advisors with offices in Tampa, Orlando and Naples.