News

Economy Watch: Fed Wants Big Banks to Beef Up Liquidity

The Federal Reserve proposed a rule to make too-big-to-fail banks and other deep-pocket entities less likely to fail.

Urban Investment Partners and Stonebridge Investments Sell Community for $7.5M

A six-building, 28-unit apartment community in Washington, D.C., has traded hands for $7.5 million. The property, known as Spring Valley Flats, is at 4000-4013 47th Street, NW, in Spring Valley, a District residential neighborhood.

TODAY’S DEALS: Portland Development Lands Financing Via HFF

TMT Developments lands construction financing for a 30-story, mixed-use tower; NorthMarq provides $16.2 million for a Miami apartment refinancing; and BMC arranges a cash-out refinance for a large loan in a tertiary market.

Crescent Communities, Southern Apartment Group Begin Construction on 296-Unit Charlotte Community

Crescent Communities and partner Southern Apartments Group have begun construction on a 296-unit mixed-use building in Charlotte’s historic Dilworth neighborhood.

Greystar Acquires Student Housing Portfolio in the United Kingdom

Greystar Real Estate Partners announced that the company, in partnership with Goldman Sachs, has acquired a portfolio of student housing assets in the United Kingdom.

MHN Interview: Focusing on Urban Infills

Bruce Fairty was recently named partner of TDP | Bay Area Partners Inc., a new division of Thompson | Dorfman Partners LLC, which is based in Mill Valley, Calif. MHN speaks to Fairty about his new position and why he is focusing on urban infills.

Boston Capital Investing in Seniors Development in Baltimore

Boston Capital is partnering with Comprehensive Housing Assistance in the investment of construction of Manor South, a 90-unit development for seniors located in Baltimore.

ROSS Management Services Awarded Management Contract for Pleasant Hills Apartments

ROSS Management Services was awarded the management contract for Pleasant Hills Apartments in Wa

NAHB Names Stacie Brach 2013 Regional Property Manager of the Year

Stacie Brach, a district property manager with Interstate Realty Management (IRM), has been named the 2013 Regional Property Manager of the Year by The National Association of Home Builders.

French Open Stays Put as Roland Garros Expansion and Renovation Finally Back on Track

According to recent reports, one of the most important sports venues in the world is set for a massive expansion and renovation process after Parisian authorities have lifted the suspension on a plan set to breathe new life into Roland Garros.