News
Charles A. Omage Named Executive Vice President and General Counsel of Encore Enterprises
Charles A. Omage has been named executive vice president and general counsel of Encore Enterprises, Inc.
Brookfield Multiplex Set to Develop 366KSF Office Tower in Perth
Leading global contractor Brookfield Multiplex has announced it has been awarded the design and construction contract for Brookfield Place Tower 2, which is being developed by client and sister company Brookfield Office Properties.
Ascott Secures Contract to Manage 150-Unit Somerset Alabang Manila Serviced Residence
The Ascott Limited, CapitaLand’s wholly owned serviced residence business unit, has recently announced it has increased its presence in the Philippines by securing a contract to manage a serviced residence in Alabang, a major business district in Metro Manila.
TODAY’S DEALS: Kennedy Wilson and Partners Buy 420 Apartment Units in Dublin
Kennedy Wilson completes a $108.9 million Dublin acquisition; The Preiss Company buys a 770-bed asset in Gainesville, Fla.; and CIT provides Spirit Bascom Ventures with $33.3 million in acquisition financing.
Inovonics Releases TapWatch Hosted Utility Submetering Subscription Service
Inovonics today announced the release of TapWatch.com and an enhanced version of the RDL8500 Remote Data Logger now with Ethernet connectivity.
Economy Watch: Days Numbered for QE3?
Investors, economists and financial journalists were watching the Federal Open Market Committee as it concluded its second day of meetings, and in the end the FOMC surprised on the side of winding the stimulus down, or at least reducing the rate of bond-buying starting at the end of 2013.
Builders and Lumber Dealers See Shortages of Key Building Materials
Home builders and lumber dealers are reporting significant shortages of key home building materials such as lumber and wall board, according to recent surveys by the National Association of Home Builders (NAHB) and the National Lumber and Building Material Dealers Association (NLBMDA).
Luxury Apartments Replace Dive Bar in NYC’s Trendy East Village
Residential leasing has begun at Jupiter 21, a newly constructed 78,000-square-foot apartment property at 21 East 1st St. in Manhattan.
RMK Management Begins Leasing at Chicago-Area TOD
RMK Management Corp. has announced that leasing has begun at Central Station, a new luxury community near the Central Street Metra station in Evanston, Ill.
Thompson | Dorfman Partners Hires Christopher C. Young as Senior Director of Construction
Thompson | Dorfman Partners LLC, a developer, owner and manager of multifamily real estate, announced today that Christopher C. Young has been named senior director of construction.