News
First Phase of Lake Highlands Town Center in Dallas Breaks Ground
A 200-unit mixed-use multifamily development is under construction in the first phase of Lake Highlands Town Center in Dallas.
First Purpose Built Student Housing Development Launches in Brighton, UK
With the student housing market on an upswing across the South of England, due to both international and domestic students, as well investors, Property Frontiers Ltd. has announced the launch of the first purpose built student housing investment in Brighton, UK.
The Donaldson Group Announces Executive Restructuring
The Donaldson Group of Rockville, Md., has announced an executive restructuring.
Economy Watch: Displaced Workers Lose Ground, Even After Finding New Jobs
The Bureau of Labor Statistics reported in its biennial Displaced Workers Summary, which tracks workers who lost jobs that they held for more than three years, that 6.1 million workers were displaced from such long-held positions during the period from January 2009 through December 2011.
TODAY'S DEALS: SL Green to Develop Manhattan Dorm Tower
SL Green led JV to build a dorm in Manhattan; Beech Street Capital provides $33 million in Fannie loans to two Baltimore-area assets; and Colliers International represents the buyers and sellers in the $7.7 million sale of an apartment property in San Diego.
Wood Partners Begins New Development in Seattle
Wood Partners is set to begin construction on a high-rise apartment community in Seattle. The community will be located at 225 Cedar Street on the southwest corner of Cedar and Third Avenue.
Capital Group Adding Luxury Residential Units, Class-A Office Space and a 5-Star Delano Hotel to Moscow City
A new skyscraper is rising at the Moscow International Business Center, also known as Moscow City, in the Russian capital.
Denver’s TOD Fund Helps Finance New Affordable Housing
The Evans Light Rail Station on Denver’s south side is the site of a new affordable housing community being developed by Denver-based Urban Land Conservancy and Medici Communities.
Glassy Condos Rising in Weehawken, N.J.
Ground has been broken for a new 74-unit condominium building on Weehawken’s Hudson River waterfront.
Economy Watch: New Home Sales Edge Up
New home sales were up in July to an annualized rate of 372,000 units, compared with a revised June total of 359,000, according to the Census Bureau.