News
ARA Expands Southwest Operations with Opening of Tulsa Office
Atlanta-headquartered ARA, a privately held, full-service investment advisory brokerage firm, announces the opening of its newest office in Tulsa, Okla.
TODAY'S DEALS: Second Phase of Allegro Breaks Ground in Texas
Behringer Harvard breaks ground on the second phase of a Texas property; and Johnson Capital arranges $75 million for a 1,271-unit portfolio acquisition.
When Affordable Housing Isn't Really Affordable
Families living in affordable housing know their housing costs cannot exceed 30 percent of their incomes. But that affordability can be nullified if the housing is not located in areas with comparatively affordable transportation costs.
Economy Watch: January Jobs Jump Broad Based
The U.S. economy not only added 243,000 jobs in January, which was a surprise to dismal scientists expecting something more dismal, but the growth turned out to be broad based, which was something of a surprise as well.
TODAY'S DEALS: American Campus Communities Begins Drexel University Project
American Campus Communities begins a $97.6 million mixed-use development at Drexel University; Marcus & Millichap lists a 137-unit asset in the Bay Area; and KeyBank provides $44 million in Freddie Mac funding for three communities.
Fat City Lofts Project in Danger as CCDC Votes in Favor of Solar Turbines
By Gabriel Circiog, Associate Editor The Center City Development Corp. board has cast its vote on the Fat City Lofts development. As previously reported, Solar Turbines has opposed the project arguing that coexistence with the planned 232-unit apartment development would be virtually impossible. The company stated that the development would attract an environmental review that […]
'Economy Watch' Podcast with Dees Stribling: Strong Job Report
Some discouraging numbers this week, but in the end, the unexpectedly strong jobs report put a positive spin on things.
Apartments.com Donates $15,000 to Chicago Coalition for the Homeless
Apartments.com presented a check for $15,000 to the Chicago Coalition for the Homeless recently at the culmination of their “Raising Awareness. Taking Action: A Campaign to Help End Homelessness” Facebook initiative.
On Track: Construction of Charlotte Transit-Oriented Development
Construction is now underway on the Fountains at New Bern Station, a 208-unit luxury rental community in Charlotte, N.C.’s historic South End.
Economy Watch: Economy Continues to Create Jobs
The U.S. Bureau of Labor Statistics reported on Friday that 243,000 jobs were added to the economy in January–up unexpectedly from 203,000 in December.