News
Economy Watch: More Houses Selling in Vegas
The greater Las Vegas residential market has long been one of the poster children for the housing depression–pretty much since day one of the crisis, in fact.
MARKET SNAPSHOT: Employment and Occupancy Expected to Rise in Charlotte Despite BofA Job Cuts
Employment in the Charlotte metropolitan area is expected to increase over 2 percent in 2012, forcing occupancy and rent prices to make similar strides.
TODAY'S DEALS: Bascom Completes Largest Hawaiian Transaction Since 2007
The Bascom Group buys a Hawaiian asset for $73.5 million; ARA brokers a $20.5 million sale in Colorado; and Cohen Financial finds a Canadian life company as capital source to fund a $7.1 million loan.
Via Verde Puts Remaining Co-ops on Market
Via Verde, a mixed rental and co-op building in the Melrose section of the South Bronx, has put the rest of its co-op units on the market.
Silestone’s Textured Quartz Surface Offers a Unique Combo of Style and Color
Silestone’s Volcano Texture quartz surface brings a new tactile and aesthetic experience to both kitchen and bath surfaces while retaining the inherent non-porous benefits of quartz.
Top Seniors Housing Investment Sales Team of Maconachy and Lavender Joins HFF Dallas
HFF announced that the team of Ryan Maconachy and Chad Lavender has joined the firm’s Dallas office to lead HFF’s charge into the seniors housing investment sales business.
Economy Watch: Americans Hit the Stores in February
Retailers had a good month in February as Americans were out shopping in force, driving total retail sales up 1.1 percent, which was the highest uptick in five months, according to the U.S. Department of Commerce.
TODAY'S DEALS: JV Secures Site for 249-Unit Development
A Seattle joint venture secures the site of a $96 million development; Beech Street Capital lands $53 million for two portfolios in Northern California; and Walker & Dunlop provides a $36.4 million loan.
HNN Associates Selects Contact At Once! to Provide Apartment Chat
Contact At Once!, a leading provider of apartment chat software, announced that HNN Associates, a multifamily property management company located in Bellevue, Wash., has selected Contact At Once! to power online chat across all of their consumer-facing websites.
Gables Corporate Accommodations Named Company of the Year; Prestigious Tower of Excellence Awarded
The Annual Tower of Excellence Awards Dinner for the Corporate Housing Providers Association was held in Miami Wednesday evening March 7, 2012 and Gables Corporate Accommodations won the top honor being named Company of the Year for companies with more than 300 units.