News
MHN Interview: Beach Front Properties’ Kyle Kazan
MHN talks to Kyle Kazan of Beach Front Properties on working with challenging properties and achieving success.
Economy Watch: Home Prices Up Annually, Barely Move Monthly
The growth of home prices slows down, and U.S. total crude oil production should reach its highest level in four decades in 2015.
Aquatherm Delivers a Leak-Free, Durable Alternative to Traditional Piping
Aquatherm heat-fused piping seals at the molecular level, ensuring a leak-free plumbing system. The plastic piping also features a number of inherent health and environmental benefits.
Mack-Cali/Fisher Brothers JV Buys 377 Units in D.C.
A joint venture comprised of Mack-Cali Realty Corp. and Fisher Brothers has closed on a luxury multifamily project currently being constructed in Washington, D.C.’s trendy H Street submarket.
Gebroe-Hammmer Completes $136M in Northern New Jersey Sales
In a testament to just how hot the northern New Jersey investment sales market is, Gebroe-Hammer Associates has closed 27 deals totaling 1,515 units in only two months.
Economy Watch: Services Sector Growth Slows in December
The services sector of the economy takes a dip in December, though new factory orders increased in November to their highest level since the Census Bureau has been keeping track.
Capri Acquires Stamford Luxury Residential Building for $135M
Capri Capital Partners makes a big statement in Stamford, Conn., with the $135 million acquisition of 101 Park Place at Harbor Point.
TODAY’S DEALS: CBRE/New England Provides $36M for Massachusetts Acquisition
CBRE/New England provides acquisition financing for a $60 million purchase in Malden, Mass.; TGM Associates sells two assets in Kentucky; and NAI Tampa closes on a portfolio of Class A condo properties for $54.5 million.
Brooklyn: Sales Prices Up, Number of Sales Down
A quarterly market report by Ideal Properties Group shows that residential sales prices in Brownstone Brooklyn and North Brooklyn increased by more than 13 percent in the fourth quarter of 2013 from the previous year.
Manhattan Residential Price Increase Led by Luxury Segment
Town Residential’s fourth quarter Manhattan condo and co-op sales report shows that luxury properties were responsible for most of the upward growth in sales prices.