News
TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas
Pivotal Group Inc. completes a joint venture acquisition of 21 communities in Texas; NewGate Capital introduces a new fund aimed at the redevelopment of mixed-use projects in Central Florida; and ARA announces the sale of a 350-unit Class-A apartment community in Raleigh, N.C.
MHN Interview: NYU's Furman Center's Surprising Data on Subsidized Housing
New York University’s Furman Center for Real Estate and Urban Policy was recently awarded the MacArthur Award for Creative and Effective Institutions. MHN interviewed Furman Center co-director Ingrid Gould Ellen on the Furman Center and what surprising data their research revealed about subsidized housing.
CLV Completes Refi of UD Student Housing
Campus Living Villages has completed the refinancing of Studio Green, a 704-unit, off-campus residential property near the University of Delaware.
Economy Watch: Consumers Feel Better
Consumers continue to feel more upbeat about the economy than before, according to the latest Thomson Reuters/University of Michigan Survey of Consumers, published on Friday.
Make it Right Foundation will Assist Conversion of Bancroft School Into Affordable Apartments
By Gabriel Circiog, Associate Editor Make It Right Foundation, founded by Hollywood actor Brad Pitt, together with BNIM Architects from New Orleans, will help out in the renovation of the long-closed Bancroft School into affordable apartments and a community center, The Kansas City Star reports. Plans call for the conversion of the 103-year-old brick school […]
Florida Oceanfront Condo Site is Up for Grabs
A 1.6-acre oceanfront site in Hollywood, Fla., which remains undeveloped in a neighborhood of tall residential towers and condos, has been put on the market by Aventura, Fla.-based Shefaor Development.
TODAY'S DEALS: Morgan Properties Buys 192-Unit Community Near Philadelphia
Morgan Properties buys a community for $31.4 million; Holliday Fenoglio Fowler secures financing for a student housing asset; and Lee & Associates transacts a $7.8 million sale.
EdR Tackles On-Campus Student Housing
The University of Kentucky Board of Trustees has approved a 50-year lease with EdR for on-campus housing.
'Economy Watch' Podcast with Dees Stribling: Is the Euro Zone Crisis Over?
The euro zone crisis is over, until next time, and the U.S. economy looks comparatively good.
Honolulu to Market City-Owned Affordable Housing
The City and County of Honolulu has selected CBRE Group to market its entire portfolio of affordable rental housing communities, with the intention of transitioning ownership of the housing to private ownership.