News
Construction Slated to Begin on $148M Joint Venture
Construction will begin later this year on a $148 million luxury community in Evanston, Ill. The project, which was recently approved by the Evanston City Council, was proposed by a joint venture between developers Fifield Cos. and Carroll Properties.
Multi Corporation Investing Big in Turkish Retail Market
In preparation for the upcoming MIPIM, Multi Corporation has arranged a presentation including its ramped up investments in the Turkish retail market.
Builder Confidence in the 55+ Housing Market Ends Year on a Positive Note
Builder confidence in the 55+ housing market for single-family homes showed continued improvement in the fourth quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ latest 55+ Housing Market Index.
Affirmed Housing Developing 40-Unit Affordable Housing Community
Affirmed Housing is developing Arbor Green Apartments, a planned three-story, 40-unit affordable housing community in Carson, Calif.
RioCan to Acquire Regional Malls in Oakville and Burlington by April
RioCan Real Estate Investment Trust has entered into a conditional agreement with Primaris Retail REIT to acquire two regional shopping malls in the Greater Toronto Area for a combined gross purchase price of approximately $362 million.
MARKET SNAPSHOT: Economy in Colorado Springs Contracts due to 2012 Wildfire
After the historic wildfire that destroyed 347 homes and burned around 18,000 acres of land, the Colorado Springs MSA is still reeling from the impact.
Economy Watch: Multifamily Rent Growth Slows
Trulia reported that as newly constructed multifamily buildings are completed, the pace of rent gains fell at the national level for the first time since the price recovery began last spring.
High-Speed Rail Summit to be Held in Washington
The U.S. High Speed Rail Association will be hosting a summit in the nation’s capital February 11-13.
MHN Interview: Mission Capital Advisors on Multifamily Institutional Investors
Mission Capital Advisors’ Debt and Finance Group, a New York-based organization, recently added Brad Lyons and Rob Beyer as directors. MHN speaks to Lyons and Beyer about current trends regarding institutional investors in multifamily.
‘What Renters Want’ with Jessica Fiur: Should You Build Micro Units?
Would you consider having micro units in your building?