News
TODAY'S DEALS: HFF Lands Acquisition Financing for Florida Asset
HFF lands financing for a Stonebridge acquisition; KeyBank provides $27.4 million to refinance two properties in Colorado; and MIG Real Estate continues its expansion into Colorado with the purchase of two properties.
Single-Buyer Multifamily Portfolio Sold in Colorado
A four-property multifamily portfolio stretching from metropolitan Denver to Colorado Springs, Colo., has been sold, with the sale brokered by the Atlanta-based full-service investment advisory brokerage firm ARA.
MIG Real Estate LLC Acquires Two Residential Communities in Lakewood
By Gabriel Circiog, Associate Editor MIG Real Estate LLC has acquired two residential communities in the Lakewood submarket of Denver. The Newport Beach, Calif.-based real estate investment company purchased The Hamptons and The Huntington, representing the fifth and sixth acquisition for the company in Colorado. The Hamptons is a 312-unit residential community located at 8507 […]
Economy Watch: CoreLogic Says Home Prices Up
Home prices nationwide increased on a year-over-year basis by 2.5 percent in June 2012 compared with the same month last year, including distressed sales, according to CoreLogic on Tuesday.
Elmwood Park, N.J., Gets First Luxury Multifamily Community
Riverfront Residential, a New Jersey-based development company, recently announced that construction is complete on the first phase of Riverwalk, the first luxury multifamily community in Elmwood Park, N.J.
FS Energy Adds New Director of Information
FS Energy, an independent provider of comprehensive energy solutions for multifamily residential properties, and a subsidiary of FirstService Corporation, has hired Aaron Mehta as director of energy information.
Victorian Factory Becomes Green Apartments
The Abbot Mill renovation in Forge Village of Westford, Mass., has been completed. Originally built in 1870 and long a part of the industrial history of Massachusetts, the property now includes 131 residential units, 13 of which are affordable housing.
Jones Lang LaSalle Announces International Director Promotion
Jones Lang LaSalle Incorporated has named Managing Director Faron Thompson to international director.
Economy Watch: Employment Growth Up, But Economy Still Spinning Its Wheels
Though the report turned out better than expected, July’s employment numbers still count as mediocre.
Terra Group Plans for New Residential Towers in Coconut Grove
Terra Group, a Miami-based real estate development company, is planning to build Grove at Grand Bay, two luxury towers nestled in Coconut Grove comprising 96 units. The residential buildings are expected to be certified LEED Silver.