News
Selling Condo Hotels
New SEC regulations facilitate the sale of condominium hotel units.
Economy Watch: Housing Starts Gain Ground in April
The Census Bureau reported that private housing starts came in at an annualized rate of 1.072 million units in April, a sizable 13.2 percent upswing from March, when starts were an annualized 947,000 units.
New Owners to Develop 450-Key Hotel at Graceland; Motel Sold by Developers
Graceland is about the get a major expansion.
ACH Plans Student Housing Property in Waco
Asset Campus Housing has unveiled plans for the Domain at Waco, an off-campus student housing property. The development will be a 186-unit property with 564 beds.
IAC Breaks Ground on Mixed-Use Student Housing Project in Midtown Atlanta
Dallas-based student housing developer and manager Inland American Communities Group has broken ground on a 706-bed mixed-use community adjacent to the northeastern edge of the Georgia Institute of Technology campus in Midtown Atlanta.
TODAY’S DEALS: Milestone Completes $28M Apartment Acquisition in Atlanta
Toronto-based Milestone buys in Atlanta; NorthMarq completes a $27M refinancing and helps a borrower avert prepayment penalty; and Marcus & Millichap, IPA handle a Phoenix apartment sale.
Multifamily Surge Propels Housing Starts Over 1 Million Mark in April, Says NAHB
Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Infographic: Construction Industry on the Rise
A look at the most profitable areas in the private sector for 2014.
HOCHTIEF, Kondor Wessels JV to Begin Construction on Major Residential Development in Berlin
HOCHTIEF Projektentwicklung, a subsidiary of the HOCHTIEF Group, has partnered with Kondor Wessels for the construction of CEDELIA, an approximately 280-unit residential development in Berlin-Zehlendorf.
Nobu Hospitality Announces Its First European Hotel: Nobu Hotel Shoreditch, London
Nobu Hospitality, inspired by world-renowned Japanese Chef Nobu Matsuhisa and championed by Academy award-winning actor Robert De Niro and Hollywood producer Meir Teper, over the course of the past months announced an aggressive expansion plan.