News
Auction.com Adds Former Oracle and DoubleClick CFO Epstein to Board of Directors
Auction.com has added former Oracle Chief Financial Officer Jeff Epstein to its board of directors.
Economy Watch: Consumers Grumpier in March
The Reuter’s/University of Michigan’s consumer sentiment index dropped a little more than expected for its mid-March reading.
Greysteel Names Doug Banerjee to Executive Committee
The Greysteel Company announced the appointment of Doug Banerjee to the company’s Executive Committee.
MIG Buys Denver-Area Apartments
MIG Real Estate acquires Copper Terrace Apartments, a 168-unit multifamily property in the Denver suburb of Centennial.
Fountain Residential Partners Breaks Ground on 1,100-bed Student Community
Fountain Residential Partners and Specialized Real Estate Group are ready to break ground on the first phase of a 1,100-bed student housing neighborhood serving the University of Arkansas.
Behringer Harvard Begins Luxury Apartments in Atlanta’s Buckhead
Behringer Harvard and Atlantic Realty Partners begin Cyan, a 23-story apartment tower in Atlanta’s Buckhead submarket.
CRE Execs Mostly Optimistic About MF
Multifamily has had a good run in recent years, and according to the results of the Akerman 2014 Industry Outlook, the sector is expected to keep running a while longer. The report was released this week at the law firm’s fifth annual U.S. real estate summit in Miami.
ROEM Corp., Eden Housing Begin Eco-Friendly Workforce Housing in Mountain View
ROEM Corp. and Eden Housing have broken ground on an eco-friendly, mixed-use workforce housing community in Mountain View, Calif.
TODAY’S DEALS: Raleigh Apartment Community Trades for $12M
MHA brokers a 200-unit sale in Raleigh, N.C.; Berkadia arranges $50 million for a retirement community in Portland, Ore.; and Franklin Street brokers the $2 million sale of a Georgia apartment property.
Preleasing Begins on Chattanooga Luxury Development
Housing Trust Group has begun preleasing at a new luxury community in Chattanooga, Tenn. Rents range between $850 and $999 per month.