News
‘What Renters Want’ with Jessica Fiur: 4 Ways Your Community Could Help the Boston Marathon Bombing Victims or Show Support
Some suggestions for ways you and your residents could help the victims or show support.
Leading Furnished Apartments Rebrands as V-Suites
Leading Furnished Apartments, an industry leader in furnished apartment rentals and the furnished housing division of Village Green, has formally changed its name to V-Suites. The company also announced the launch of a new website.
CBRE San Diego Arranges Sale of $29 Million Community
The San Diego team at CBRE, a commercial real estate services and investment firm, has arranged the sale of a 60-unit multifamily community in La Jolla, Calif.
TODAY’S DEALS: Walker & Dunlop Provides $71.3M for SoCal Apartments
Walker & Dunlop provides MG Properties with two loans; Centerline Capital refinances a 131-unit Manhattan asset; and HFF closes a $29 million sale of a development site on Biscayne Bay in Miami.
MHN PROFILE: Opportunities Still Exist in Chicago for Acquisition of Lender-Owned Assets, Says Kiser
If you are interested in acquiring small-scale distressed properties, Lee Kiser, principal of Kiser Group, has this to say: “Welcome to the club.”
JV Awarded $95 Million Construction Contract for Second Phase of 4,980-Unit Star City Project in Emerging Myanmar Market
A subsidiary of Bouygues Construction, Dragages Singapore Pte Ltd., in a joint venture with SPA Project Management Pte Ltd., has signed a €74 million ($94.6 million) contract to design and build the second phase of Star City in Myanmar.
W Hotel and Residences to Debut in Israel
Starwood Hotels & Resorts Worldwide Inc. is bringing its W hotel brand to Israel.
Joint Venture Begins Construction on $260M Mixed-Use Property in California
Phoenix Property Company has joined forces with Paragon Commercial Group and Lincoln Property Company to develop Runway, a new $260 million mixed-use center in the heart of the Playa Vista, Calif., community.
Economy Watch: Fed Calls U.S. Growth Ho-Hum
The Federal Reserve released the latest “Summary of Commentary on Current Economic Conditions by Federal Reserve District,” better known among economy wonks as the Beige Book, and it called U.S. economic growth “moderate.”
MARKET SNAPSHOT: Occupancy Increases in Spite of Meager Recovery in Atlanta
While employment trends in the Gate City remain erratic, vacancy continues to plummet to levels not seen in nearly a decade.