News
Condominium Residences Auctioned in Hyattsville
Resource Real Estate is auctioning 33 Maryland condominium residences.
Economy Watch: Unemployment Claims Bounce Back Upward
Proving itself to be the volatile indicator that it’s frequently asserted to be, the number of initial unemployment claims spiked upward for the week ending October 13th to 388,000, according to the U.S. Department of Labor.
Funding in Place for Massachusetts Affordable Property
Funding is falling into place for Tri-Town Landing, Phase II, a 33-unit affordable development in Lunenburg.
TODAY’S DEALS: Distressed Miami Property to See New Life with $20M Redevelopment
A $20 million affordable redevelopment breaks ground in Miami; Bridge Partners buys a 352-unit asset; and Mesa West Capital provides $21 million in acquisition financing.
TRANSCRIPT: Facebook Chat with John Picerne, CEO of the Corvias Group and Picerne Military Housing
The transcript from MHN Facebook chat with John Picerne, CEO of the Corvias Group and Picerne Military Housing.
New Erskineville Residential Development Approved for Ashmore Precinct
A joint venture created by developer Leighton Properties and LaSalle Investment Management had its development application approved recently by the city of Sydney.
AXA Real Estate and Norwegian Wealth Fund Agree on Biggest German Commercial Real Estate Transaction of 2012
AXA Real Estate Investment Managers, acting on behalf of AXA France Insurance Companies and Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global have agreed to buy two buildings in Germany for a total of €784 million (around $981 million), from the Royal Bank of Scotland Group Plc.
Mercy Housing Northwest Develops a 52-Unit Affordable Housing Community in Seattle
Mercy Housing Northwest has developed affordable housing in Seattle for the first time with the Columbia City Station Apartments, a 52-unit transit-oriented development.
MARKET SNAPSHOT: Employment Growth in Austin Outpaces Both State and Nation, Leading to Voluminous Rent Increases
Employers in the Austin metro area increased head counts by 3.3 percent over the last 12 months, with local business alone expanding their workforce by 2.6 percent—or 20,400 employees.
Economy Watch: Housing Starts Spike in September
The Census Bureau reported on Wednesday that housing starts jumped in September to an annualized rate of 872,000 units. That’s 15 percent more than the revised August estimate of 758,000, and a whopping 34.8 percent above the September 2011 rate.