News
Maplewood Senior Living Breaks Ground on 84-Unit Community
Construction is underway at Maplewood Senior Living’s newest community, Maplewood at Stony Hill, an assisted living residence that will focus on memory care.
Sterling and Braxton Break Ground on Upscale Apartments in Lincoln, Neb.
Construction is underway on a new, 220-unit luxury apartment development in Lincoln, Neb. Developed by a partnership between The Sterling Group and Braxton Development, Aventine at Wilderness Hills Apartment Homes will feature a dozen buildings.
Silverstone Buys Manhattan Mixed-Use Properties for $71M
Silverstone Property Group has bought seven contiguous buildings in the Kips Bay section of Manhattan for $71.5 million that form a mixed-use package of residential and retail space.
Jeff McClure to Lead Greysteel Capital Markets
The Greysteel Company announced the appointment of Jeff McClure as managing principal of Greysteel Capital Markets, its newly launched real estate investment banking and finance affiliate.
Economy Watch: Americans Nervous About Economy
These are nervous days. Gallup reported on Tuesday that Americans’ confidence in the economy has deteriorated more in the past week during the partial government shutdown than in any week since Lehman Brothers collapsed in Sept. 2008.
MVE & Partners Expands Leadership Team
MVE & Partners, an architecture planning and design firm, announces the hiring of a new principal, Marios Savopoulos, AIA.
TODAY’S DEALS: Raymond James Completes $195M LIHTC Fund
Raymond James completes a construction/rehab LIHTC fund; Greysteel arranges a 100-unit sale in Maryland; and distressed communities to get a $100 million lift from Bank of America, Enterprise and LISC.
Greystone Closes $20.15M CMBS Loan on Houston Multifamily Community
Greystone announced Monday that it has closed a $20.15 million CMBS loan for the Houston property The Place at Greenway on behalf of co-sponsors Redwood Capital Group of Chicago and BH Management Services of Des Moines.
Nest Protect is Much More Than a Smoke Alarm
Nest Protect is a combination smoke and carbon monoxide detector built for the 21st century.
President Jan Berman Elected to Green Light New York Board of Directors
Jan Berman, president of MechoSystems, has been elected to the Board of Directors of Green Light New York (GLNY). His nomination was unanimously approved.