News
JAG, Perseus Realty and Rockpoint Group Sell 231-Unit Luxury Apartment Building in D.C.
A joint venture between Jefferson Apartment Group, Perseus Realty and Rockpoint Group has sold 14W, a 231-unit luxury apartment building located in the popular U Street neighborhood of Washington, D.C.
Economy Watch: Pending Home Sales Up
The National Association of Realtor’s Pending Home Sales Index, a forward-looking indicator based on contract signings, rose to 105.7 in March from a downwardly revised 104.1 in February.
Ground Broken on Southern L.A. County Affordable Housing
Work has started on Terracina Apartments, a new 72-unit apartment development in southern Los Angeles County.
Housing Partnership Equity Trust Launches with $100M in Funding for Affordable Communities
The Housing Partnership Equity Trust announced that it has raised $100 million. It will begin investing in multifamily communities in partnership with 12 high-performing nonprofit housing providers.
TODAY’S DEALS: Aragon Holdings Acquires Two Texas Assets
Aragon Holdings acquires two properties for $50 million; Centerline Capital facilitates an acquisition in Delaware; and GFI Realty sells an East Harlem apartment building.
The Community Preservation Corporation Announces New Members of the NYC Originations Team
The Community Preservation Corporation (CPC), a non-profit lender for affordable housing throughout New York State, announced today two new members of the New York City Originations team.
Guest Blog: Networking in a Nutshell (Take the Long-Term View)
Suggestions for improving networking skills.
Apartment Community Breaks Ground in Ft. Lauderdale’s Flagler Village
Ground has been broken on a 331-unit mid-rise apartment development in downtown Ft. Lauderdale’s Flagler Village, according to the developer The Morgan Group.
Economy Watch: Modest Growth in 1Q, But at Least Its Growth
U.S. GDP starting expanding again during the first quarter of 2013 for a number of reasons, according to the Bureau of Economic Analysis.