News
TODAY'S DEALS: Canyon-Johnson Invests $25.7M into JV Development
Canyon-Johnson invests into a California development; Beech Street arranges $32 million for a rent controlled asset in New Jersey; and Centerline Capital Group supplies a $15.5 million Fannie Mae loan to refinance a property in Nashua, N.H.
Partners Acquire D.C. Mixed-Use Property for $26M
Urban Investment Partners and Infinity Real Estate have acquired a 114-unit apartment building in Washington, D.C. for $26 million.
New Colorado Community Appeals to Gen Y
KTGY Group Inc. has recently completed the first of eight three-story buildings at the Arista Uptown Apartments in Broomfield, Colo. This community was designed specifically with Gen Y in mind.
Dinerstein Companies to Build Apartment Community at Warner Center
Warner Center, the highly walkable, live-work master-planned community in California’s San Fernando Valley, will soon gain yet another multifamily development.
Prometheus Real Estate Group Partners with Habitat for Humanity
The Prometheus Real Estate Group’s Promethean OutReach and Community Help program is Prometheus’ volunteer program. With hundreds of hours of volunteer time logged in the past year throughout the West coast, teams of Prometheus volunteers have dedicated their time as the program continues to expand.
Economy Watch: New Home Starts Take Dip
Housing starts took a dip in March, according to the Census Bureau on Tuesday.
LGBT Affordable Seniors Housing is First for Philadelphia
In a landmark decision for Philadelphia, the Pennsylvania Housing Finance Agency voted to provide a reservation of Low Income Housing Tax Credits, which will generate up to $11 million for the first LGBT-friendly affordable senior housing facility in the state.
TODAY'S DEALS: Kennedy Wilson Completes $154M Sale
Kennedy Wilson sells two assets for $154 million; a joint venture acquires $85 million in NYC properties; and Michael Jakubiec brokers the sale of a property for $3 million.
JV Acquires Florida Apartments for $54M
DeBartolo Development and Elco Landmark Residential have acquired a 542-unit multifamily complex in Palm Beach Gardens in South Florida.
Give Summer the Welcome it Deserves with a Hatteras Hammock
If your tenants are lucky enough to enjoy outdoor space, then you might want to treat them to the best piece of outdoor furniture there is: the hammock. But not any old hammock will cut it—especially after all the time and money you put into creating a sleek and functional outdoor amenity space.