News
TODAY'S DEALS: Dornin Acquires Seniors Housing Community in California
Dornin Investment Group purchases a 122-unit seniors community located in San Marcos, Calif.; AIG Global Investment Group sells a three-property portfolio in New Jersey; and Marcus & Millichap closes the $1.5 million sale of a 16-unit property.
Ground Broken for New Denver Luxury Apartments
Allied Realty Services Ltd. and Amstar have formed a joint venture to develop 2785 Speer.
Apartment Complex Under Way in Virginia's Tidewater Market
Wood Partners LLC has broken ground on Streets of Greenbrier, an apartment complex adjacent to the Chesapeake Mall in the city of Chesapeake in the Tidewater region of Virginia.
Half of Condominiums Now Sold at The Story House in Manhattan
The Story House, a boutique condominium located in Manhattan’s Flatiron district, is preparing for its first closings this spring. As it does, developer Manhattan Skyline has announced that the property is now 50 percent sold.
ARA Enhances Mid-Atlantic Presence in Richmond, VA Market
RA has hired former CBRE Senior Investment Broker, Wink Ewing.
Economy Watch: Home Prices Still Moving Downward
The latest S&P/Case-Shiller 20-city composite index was down 0.8 percent, representing a declining three-month moving average for November 2011 to January 2012, according to the rating agency on Tuesday.
FLOS Introduces a New Line of Modern Lighting Options
FLOS unveils a line of architectural lighting available in North America for the first time. The designs are a modern update to industry classics, and have a wide variety of colors and finishes so your designers can find a fixture tailored for the needs of a specific property.
TODAY'S DEALS: The Seneca Apartment-Hotel Sold, Will Operate as Luxury Rental
Waterton Associates buys a Chicago apartment-hotel; Post Brothers lands a $52 million redevelopment loan; and Cohen Financial secures $14.6 million for two Chicago properties.
Englewood, N.J., Condo Project Completed
The Pinnacle Cos. has completed work on The M at Englewood South, a condominium project in Bergen County.
New $67 Million Dormitory Open for San Diego Sailors
John William Finn Hall, a new 264-room dormitory in San Diego, is ready for its first residents.