News

Sports-Oriented Mixed-Use Development in Berlin Promises to Reshape Urban Communities with Clear Focus and Theme

Developer Moritz Gruppe has come up with a new vision for a large sports-themed mixed-use project.

MHN Interview: The State of the Housing Industry

Peter Muoio, head of research at Auction.com, talks to MHN about housing demand and his predictions for multifamily.

TODAY’S DEALS: Walker & Dunlop, ARA JV Closes $110M in Loans

A Walker & Dunlop, ARA joint venture completes five financings valued at $110 million; Centerline provides $21 million in acquisition financing; and HFF supplements a first mortgage with a $5.3 million loan.

Mayer Brown Expands Real Estate Practice with Addition of Brian Davis as Partner in Chicago

Mayer Brown, a leading global law firm, announced today that Brian Davis has joined the firm in Chicago as a partner in the Real Estate practice. Previously, he was a partner in the Chicago office of Kirkland & Ellis.

Carroll Organization Enhances Property Management Platform with New Hires, Structural Improvements; Plans Geographic Expansion

Carroll Organization, a privately-held real estate company focused on multifamily investment, management, and development, has embarked on a new initiative aimed at enhancing its property management services, which are currently provided both to third parties and to Carroll Organization’s 10,000-unit portfolio of owned properties.

Pre-Leasing Set to Open For Chicago Luxury Community

Morningside Group, a Chicago-based developer, will begin pre-leasing the luxury apartment community Wheaton 121 on March 15.

MARKET SNAPSHOT: Transit-Oriented Development Takes off in Denver, Boosting Supply

The Mile-High City finds itself in the midst of continued urban revitalization via transit-oriented development.

Economy Watch: Retail Sales Healthy in February

The Census Bureau reported on Wednesday that U.S. retail and food services sales for February increased by 1.1 percent compared with January, and 4.6 percent compared with February 2012.

Partners to Build Apartment High-Rise in Houston

A four-way partnership has closed on land and financing for a new high-rise apartment in Houston, and has announced their attention to proceed with the project.

Crescent Resources Breaks Ground on $67M Mixed-Use Development

Crescent Resources has broken ground on a $67 million mixed-use development in Atlanta. The community, called Crescent Terminus, is the first multifamily community in Cousins Properties’ Terminus master development.