News
REGISTER TODAY! ‘What Renters Want’ Panel Discussion
Wednesday, Oct. 9 from 6 to 8 p.m. at the Interface Showroom, 330 Fifth Avenue, New York.
Hines Russia & Poland Fund Completes Portfolio-Expanding Industrial Acquisitions
Hines has continued to expand its Eastern European portfolio recently after revealing freshly completed acquisition processes of two industrial facilities in the Warsaw market.
TODAY’S DEALS: JBG, Walton Street Land $99.2M for Mixed-Use Development in D.C.
HFF provides construction financing for a JV development; Canyon Capital Realty Advisors arranges construction financing for a NYC co-op; and Ariel Properties brokers the sale of a walk-up property for $11.1 million.
Three Promoted to Senior Vice President at FirstService Residential
First Service Residential, previously known as Cooper Square Realty, announced that Steven Hirsch, Marc Kotler and Tom Padilla have been promoted to the position of senior vice president.
Bernards Kicks Off Construction on Glendale Mixed-Use Project
Los Angeles-based commercial builder Bernards has started construction on a 315,391-square-foot mixed-use project in Glendale, Calif., that will take aim at the Gen-Y cohort of renters.
MAP Breaks Ground on Mixed-Income Development in Yonkers
Magnusson Architecture and Planning has broken ground on Schoolhouse Terrace at Croton Heights, a 172,000-square-foot, mixed-income development that will replace outdated public housing in Yonkers, N.Y.
DAMAC Properties Launches $367M Luxury Hotel Living Project in Downtown Dubai
DAMAC Properties is launching a new AED 1.35 billion (approximately $367 million) luxury hotel living project in the Burj Area of Dubai.
London Student Housing Opens in Former Johnnie Walker Breweries
Assam Place, a mixed-use, luxury student housing project in the former Johnnie Walker breweries in London, has celebrated its official opening.
Dominium Buys Affordable Property in Florida
Multifamily owner Dominium has bought the Nassau Bay Apartments in Orlando, Fla. Dominium will be investing about $16,000 per unit in renovations to improve common spaces as well as individual units.
Economy Watch: Housing Starts Edge Up in August
The Census Bureau reported that U.S. private housing starts were at an annualized rate of 891,000 units in August.