News
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.
Marcus & Millichap Promotes Michael Mele to Senior Vice President Investments
Marcus & Millichap Real Estate Investment Services, a commercial real estate investment services firm with offices throughout the United States and Canada, has named Michael Mele a senior vice president investments in the Tampa office.
Kempinski Hotel Nay Pyi Taw in Myanmar to Open in November
Europe’s oldest luxury hotel group, Kempinski Hotels, recently announced the opening of its first property in Myanmar (Burma).
DC’s Rittenhouse Apartments Put on the Block
Rittenhouse Apartments, a 208-unit property in Washington, D.C., has been put on the market by TIAA-CREF, which has owned it for only about six months.