News
Economy Watch: Fed May Continue Stimulus (or Maybe Not)
According to St. Louis Federal Reserve President James Bullard, speaking at 19th Annual Conference of Montreal, which was organized by the International Economic Forum of the Americas, low U.S. inflation has been a surprise.
Stop Worrying About Odor Control in Waste Rooms
Air/Q Trash Odor Control uses patented technology to stop malodors from leaching into common areas and hallways. The unit features a fully programmable on-board computer that give users the ability to adjust the intensity of the scent effect to meet their specific needs.
Arlington’s Newly Built Grayson Flats Sold for $33M
Insight Property Group and Buvermo Investments Inc. have sold the Grayson Flats apartments in Arlington last month for $33 million, or roughly $492,500 per unit. The buyer, an affiliate of local development company Silverwood Companies, acquired the property about a month after it was finished.
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TODAY’S DEALS: Forestar Group Sells 289-Unit Austin Asset
ARA brokers a sale for The Forestar Group; Transwestern facilitates the sale of a Houston property for HIG Realty Partners; and Aries Capital arranges a $7.5 million seniors housing construction loan that also funds pre-construction costs.
PREI Adds Michael Gallagher as Portfolio Manager on REITS Strategies
Prudential Real Estate Investors has added Michael Gallagher as a director and portfolio manager to its global real estate securities team.
Hutton Companies’ $30M Community Nears Completion
Hutton Companies announced that The Paseos at Magnolia Luxury Apartment Community, a $30 million community in Riverside, Calif., is near completion.
‘What Renters Want’ with Jessica Fiur: The Oldest Real Estate Trick in the Book
There are several ways to stir up excitement about an apartment.