News
Vitus Group Acquires San Diego Affordable Housing Community
The Vitus Group announced that it has acquired Meadowbrook Apartments in San Diego and has plans to perform a $17 million renovation on the affordable housing community.
Related Midwest Announces Topping Off of 111 West Wacker
Related Midwest is redeveloping 111 West Wacker Dr., a 60-story iconic apartment tower that will open along the Chicago River in 2014.
WinnResidential NYC Hands Out 20,000 Pounds of Produce in the Bronx
Recently, 21 employees from WinnResidential’s NYC office joined volunteers from New York Cares and NYSE Euronext to participate in the City Harvest “Mobile Market.”
Economy Watch: Banks Loosen Lending Standards on Business Loans
The Federal Reserve reported in its October 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices that U.S. banks have eased their lending standards in some cases, while experiencing little change in the demand for some kinds of loans over the past three months.
50 United Nations Plaza Unveils 88 Luxury Condos
Zeckendorf Development and Global Holdings held a sales launch event for 50 United Nations Plaza to unveil the views and prices of 88 condominiums across from the United Nations HQ, geared towards the luxury client.
Deco Opens Two More Cabana Apartment Properties
Deco Communities has opened two properties in Arizona—one in Phoenix, the other in Tempe.
Winthrop Realty Trust Closes on a Quartet of Class A Properties
Winthrop Realty and Trust has announced the acquisition of four Class A luxury apartment buildings that have been built to condominium specifications for an aggregate purchase price of $246 million.
TODAY’S DEALS: ARA Reps Sale of Newly Delivered Charlotte TOD Apartment
ARA sells a 208-unit apartment for Proffit Dixon Partners; and Equus Capital Partners completes a $47 million sale in Nashville.
Passco Companies Development Announces New President
A renewed focus on land development has been announced by Passco Companies LLC, a privately held Calif.-based commercial real estate company.
Auction.com SVP Named on Top 45 Under 40
Auction.com LLC Senior Vice President and Director of Business Development Joseph Cuomo was named one of Real Estate Forum magazine’s “Top 45 Under 40” in the October 2013 issue.