News

GLCF Announces Completion of Silver Star Phase II Supportive Housing Community

Great Lakes Capital Fund, along with other collaborative partners, announced the completion of Silver Star Apartment Homes’ Phase II, which will bring an additional 100 units to the Battle Creek, Mich. housing market.

Find Upgraded Security and Coolness in Touchscreen Locks

The Touchscreen Deadbolt from Schlage provides the option to go keyless and boosts convenience with customized temporary access codes for parents, friends, kids or the cleaning service.

TODAY’S DEALS: Raia Buys a Tallahassee Apartment for $42.2M

ARA brokers a Tallahassee sale; HFF brokers the sale of 1,130 units in Chicagoland; and NorthMarq secures $17 million for a Houston-area portfolio.

Economy Watch: Some City Budgets Rearch Pre-Recessionary Levels

According to a study released by the Pew Charitable Trusts on Monday, some of the largest U.S. cities have seen their municipal budgets recover from the lows of the recession, when steep drops in tax revenue and other income cut into city coffers.

Berkshire Property Advisors Recognized as Top 100 Places to Work in Dallas Fort Worth

Berkshire Property Advisors was recently recognized by the Dallas Morning News as one of Dallas Fort Worth’s Top 100 Places to Work in 2013 ranking 22nd.

JMP Holdings/Canoe Brook Complete Second Phase of N.J. Apartments

The second phase of Highlands at Hilltop in Verona, N.J., has opened. The phase, which is adjacent to the first phase, adds 130 rental units to the community, as well as a 6,000 square-foot club room, outdoor pool, computer center, billiards, a golf simulator and other amenities.

Three-Way JV Acquires Building at 84 Williams Street in Downtown Manhattan

A joint venture between Korman Communities, Shorewood Real Estate Group and Prodigy Network has announced that it has acquired the building at 84 William Street in Downtown Manhattan.

Mill Creek Residential to Develop Luxury Apartments in Miami

National real estate developer Mill Creek Residential has announced plans to develop a 262-unit luxury apartment community in Miami to be called Modera Bird.

TODAY’S DEALS: Raia Buys a Tallahassee Apartment for $42.2M

ARA brokers a Tallahassee sale; Steel Castle buys a 296-unit apartment in San Antonio; and Centerline provides $4.5 million to refinance a community in Florida.

Economy Watch: October Job Report Details

The unexpectedly strong employment report for October—204,000 jobs created—spotlighted various positive employment trends for the economy.