News

Economy Watch: Sandy Put Dent in Incomes, Spending

U.S. personal income, which had been edging upward in recent months, stayed essentially flat in October, according to the Bureau of Economic Analysis.

First Phase of Suburban Boston Apartments Open

The first phase of Alta Brigham Square in Arlington, an inner suburb of Boston, has opened.

Change is Coming

What will the apartment industry be thinking about in 2020?

TODAY’S DEALS: Jones Lang LaSalle Closes $58.75M Sale of Nashville Property

Jones Lang LaSalle’s Capital Markets experts completed the sale of Eleven North, a rare Class A, institutionally owned apartment community; and HFF arranges the sale of, and financing for, a 1,447-unit Camden portfolio.

Real Estate Predictions for 2013 from Industry Experts

With 2012 coming to a close, experts are predicting how the real estate industry will fare in 2013.

Dexus Property Group’s 1 Bligh Street Recognized as World’s Most Innovative High-Rise Building as Group Expands Melbourne Portfolio

Deutsches Architekturmuseum, in association with DekaBank and Stadt Frankfurt am Main has awarded The International High-rise Award 2012 to 1 Bligh Street, Sydney.

Affordable Seniors Housing Opens in Heber City, Utah

The grand opening of Prestige Senior Living Center, a 23-unit affordable senior housing community in Heber City, Utah, took place earlier this month.

Economy Watch: GDP Expands More Than Thought

The Bureau of Economic Analysis revised its estimate of real U.S. GDP to an annualized 2.7 percent in the third quarter, compared with the initial estimate of 2 percent.

Wall Street Finally Meets Main Street?

We close our year with this month’s CPE-MHN Survey of Best Practices.

Archstone Acquires Silicon Beach Property

The Frank, a Venice, Calif. multifamily property, was the subject of a recent deal resulting from an Archstone-sponsored partnership.