News
NCC Awarded Construction Contract for 400-Unit Apartment Community in Aarhus, Denmark
NCC Construction Denmark has recently received a SEK 725 million ($115.3 million) construction contract to build an apartment community in Aarhus, Denmark.
Avison Young Secures Major Investment in Germany on Behalf of Canadian Pension Funds, Inaugurates Asset-Management Mandate Outside North America
Avison Young, a Toronto-based commercial real estate services firm has recently advised two Canadian pension funds in the acquisition and financing of a mixed-use, two-building complex in Cologne, Germany.
DAMAC Launches New Phase at Capital Bay and New Property Management Company
DAMAC Properties, one of the largest luxury real estate developers in the Middle East, has announced the release of a new phase at its Capital Bay luxury multifamily project in Dubai’s CBD.
Economy Watch: More Purchase Mortgages Than Refi, First Time in Years
The Mortgage Bankers Association reports the rate of U.S. mortgage applications each week, and it goes up and down according to the vagaries of the economy and interest rates.
L+M Completes NJ TOD
Work has been completed on 50 & 55 South Essex Avenue in the City of Orange, a township in Essex County, N.J.
Bridge Housing and Community Housing Partnership Unveil Latest San Francisco Development
Non-profits Bridge Housing and Community Housing Partnership have unveiled their latest mixed-use affordable housing development, Rene Cazenave Apartments, in San Francisco’s evolving Transbay neighborhood.
TODAY’S DEALS: Meridian Capital Arranges $58.6M in Acquisition Financing for Hi-Rise in New York on Behalf of Carmel Partners
Meridian Capital arranges a $58.6 million seven-year mortgage provided by a regional balance sheet lender; Miller-Valentine lands $12.8 million for an affordable Georgia development; and Champion completes its three-phase acquisition of a 304-unit property in Ohio.
Pre-Leasing Underway at The Residence Buckhead Atlanta
The Residence Buckhead Atlanta, a new 370-unit high-rise in Atlanta’s upscale Buckhead Village, is in pre-leasing, developer OliverMcMillan reports.
Peak Campus Management’s General Counsel Awarded as Outstanding Solo Corporate Counsel
Peak Campus Management announced today that Jennifer C. Hill, vice president of human resources & general Ccounsel, has been named “Outstanding Solo Corporate Counsel” by the widely circulated Atlanta Business Chronicle and the Association of Corporate Counsel for her commitment to excellence at Peak Campus
Economy Watch: Investment in Real Estate Still Lags
The Bureau of Economic Analysis released the real estate-related components of the government’s latest estimate for U.S. GDP growth.