News
Apartment and Condominium Market Gains Momentum in Second Quarter, According to NAHB
Production of apartments and condominiums gained momentum in the second quarter of 2013, according to the latest Multifamily Production Index, released today by the National Association of Home Builders.
LEED Gold-Pursuant Retail Asset In Metro Vancouver Finishes Phase Two of Redevelopment
Ivanhoé Cambridge has announced it has completed phase two of the redevelopment of its fully owned Guildford Town Centre, located in Surrey, British Columbia, the fastest growing municipality in Metro Vancouver and Western Canada.
Economy Watch: Pending Home Sales Dip
Upward-creeping mortgage interest rates seem to be affecting home sales, or least pending sales in some markets.
The Marquette Companies Develops 220-Unit Apartment Community in Algonquin, Ill.
The Marquette Companies has opened the recently developed Algonquin Square, a 220-unit garden-style community located adjacent to the Algonquin Commons lifestyle shopping center, in Algonquin, Ill.
Auction.com to Open New Office in Austin, Texas
Auction.com, an online real estate marketplace, today announced it will open an office in Austin, Texas on Sept. 3.
TODAY’S DEALS: American Communities Acquires Three Assets in North Texas
American Communities buys in Plano and Irving, Texas; Pembrook Capital closes $20 million for a Brooklyn refinancing; and Walker & Dunlop completes $394.58 million in financings in Texas.
Crescent Taps Greystar to Manage Charlotte Student Housing
Crescent Communities has awarded Greystar Student Living a contract to manage Circle University City, a 546-bed (187-unit) student housing property it’s developing in Charlotte, N.C. This is the second student living assignment with Crescent Communities for Greystar.
Times Equities Secures Nearly $400M for Lower Manhattan Condos
Time Equities has announced that it has secured $398 million in financing for a 63-story, mixed-use condominium building in Lower Manhattan.
Related Midwest Announces Jacques Sandberg As Vice President
Related Midwest, one of the most active real estate developers in Chicago, announces the addition of Jacques Sandberg as vice president.
Fields Development Group’s Upscale ‘Madox’ Leased Up in Jersey City
Madox, the latest upscale rental property from Fields Development Group, is completely leased up. The milestone was reached less than 12 months after the 131-unit luxury apartment property was unveiled.