News
Greystar Adds Elan to Fort Lauderdale’s Downtown District
Stiles Construction has announced the topping off of Elan 16Forty, a 261-unit luxury apartment community in downtown Fort Lauderdale.
Hoar Construction Opens Office in DC Market
Hoar Construction, a national construction company, announced the opening of its Washington, D.C., office. The local Hoar team, comprised of seasoned industry veterans, has years of experience working together in the Washington metropolitan area.
Carnegie Unveils a New Showroom Concept in Chicago’s Merchandise Mart
A new Carnegie showroom at the Merchandise Mart will debut for Neocon 2014. Situated on the 10th floor and spanning 1,800 feet this space draws its inspiration from the essence of the Carnegie brand—our love and passion for the creative process.
Economy Watch: Residential Price Increases Continue Deceleration
An indication that home-price increases are slowing down (or, to look at it positively, there’s no new housing bubble): CoreLogic reported that home prices nationwide, including distressed sales, increased 10.5 percent in April compared to the same month in 2013.
Meta Housing Begins Work on Long Beach Affordable Housing
Meta Housing has broken ground on Long Beach & 21st Apartments, a 41-unit affordable housing property for seniors aged 55 and over.
TODAY’S DEALS: WNC Closes $48.5M California LIHTC Fund
WNC closes a 714-unit LIHTC fund in California; NAI Capital brokers a 16-unit sale in West Los Angeles; and Grandbridge Real Estate provides $21.15 million financing for an acquisition.
Huffines Communities Unveils Second Phase of Hebron 121 Station
Multifamily developer Huffines Communities, members of the Denton County Transit Authority and other community members recently celebrated the grand opening of the second phase of the master-planned community Hebron 121 Station.
Muse Developments Breaks Ground on $385 Million Mixed-Use Project in London
Lewisham Gateway Developments Ltd, a wholly owned subsidiary of Muse Developments, recently broke ground on one of the largest regeneration projects in south east London, Lewisham Gateway.
Accor’s HotelInvest Acquires Two Hotel Portfolios For $1.22 Billion
Accor’s HotelInvest business is adding two real estate portfolios, having agreements to purchase a total of 97 hotels for a combined fee of around $1.22 billion.
Mediterranea Introduces Contemporary Dream Series
The new Dream series from Mediterranea is a durable porcelain tile that delivers the wood look while staying true to a contemporary color palette.