News
Simplify Bath Updates with Ensemble by Sterling
A clean, updated bathroom can do wonders for your community’s appeal. If only renovations weren’t costly and time consuming.
TODAY’S DEALS: MCS Capital Acquires 1,720-Bed Student Housing Asset
A joint venture sells a student housing asset serving Virginia Tech; URS Capital Partners completes its first apartment acquisition in Florida; and Johnson Capital’s Denver office arranges a $6 million loan.
Peak Campus Management Tapped to Manage University Station in Cincinnati
Ackerman Group has announced that is has chosen Peak Campus Management as the property manager for the real estate company’s University Station community.
Joe Scholes Promoted to Senior Vice President at FirstService Residential
FirstService Residential New York, a property management company in the New York metropolitan area, announced that Joe Scholes has been promoted to the position of senior vice president.
The Dolben Company Hires Two Regional Property Managers
The Dolben Company Inc., a full-service Boston-based real estate company, announced that Marie Moraski and Brian Shapiro have been promoted to the role of regional property manager.
Economy Watch: Net Household Worth Highest Ever
The Federal Reserve reported that U.S. household net worth increased in the third quarter, reaching a new high of nearly $77.3 trillion in 3Q13 compared with $75.3 trillion in 2Q13.
Cypress Development Bringing Luxury Green Homes to Scottsdale
Cypress Development has begun construction on the $27.6 million second phase of Sterling at Silverleaf, adding 12 luxury estate villas priced from $2.2 million to the private golf community in Scottsdale, Ariz.
Pathfinder Buys Fractured Condo Project in Seattle
Pathfinder Partners has acquired the remaining unsold inventory of the Florera Condominiums.
TODAY’S DEALS: Harmony, Spy Rock Sell Luxury Apartment in Virginia
ARA brokers a luxury Virginia sale; CBRE/New England arranges a $25.6 million disposition in Massachusetts; and NorthMarq Capital arranges a $22.5 million interest-only Freddie Mac loan for the acquisition of an apartment property.
Housing Trust Group Completes a $13M 63-Unit Affordable Community
Housing Trust Group has completed construction of Pine Run Villas, a $13 million, 63-unit affordable housing townhome-style family rental development located at 4728 Big Ben Lane in Lake Worth.