News
Carlson Rezidor Holds Largest Hotel Pipeline in Africa with 6,300 Rooms Under Development
According to the recently released report from W Hospitality Group, “Hotel Chain Development Pipelines in Africa 2014,” Carlson Rezidor holds the largest hotel pipeline in Africa.
Skanska UK Inks Agreement to Build London Office Project
Skanska UK recently announced that it has completed an agreement with developer Helical Bar for the construction of a London project; the project will be included in the company’s order bookings for the second quarter of 2014.
Brookfield Multiplex Builds $111M Residential Tower in Surfers Paradise
Brookfield Multiplex has announced securing the building contract for a $111 million (AUD 120 million) residential high-rise in Surfers Paradise, Australia.
New Student Housing in Savannah Nears Completion
The Hue, a new-construction student housing property developed by St. Petersburg, Fla.-based University Housing Services, is approaching completion in time for the next school semester in September.
Terra Search Partners Names Search Veteran Linny Simkin as Senior Principal
San Francisco -based Terra Search Partners, an executive search firm specializing in the real estate industry, announced that Linny Simkin has been promoted to senior principal of the firm.
Prism Capital Partners Adds Resident-Only Store to NJ MF Development
As a special amenity for its residents, Prism Capital Partners has opened a convenience store in its newly opened Parkway Lofts, a 361-apartment multifamily that was redeveloped from a century-old landmark of a six-story warehouse.
Economy Watch: New Homes Sales Dip Unexpectedly
Sales of new single-family housing came in at an annualized rate of 384,000 units in March, according to the Census Bureau.
Centershift Keeps the Storage Industry Running Smoothly
MHN interviews James Hafen about cloud-based technology and Yardi’s latest acquisition.
Apartments and the International Investor
While apartments were relatively unknown as an investment class in the 1980s, risk-return characteristics have proven solid overtime, and now everyone wants a piece of the North American multifamily market.
Chozick Realty Brokers 96-Unit Student-Oriented Community Near UConn
Chozick Realty announced that it has brokered the sale of the 96-unit Orchard Acres Apartments community located near the University of Connecticut in Storrs, Conn.