News
TODAY'S DEALS: Stiles Breaks Ground on Mixed-Use Development
Stiles begins a 321-unit mixed-use development in Florida; Concordia buys two seniors housing assets; and Meridian’s Carlsbad, Calif., office arranges over $100 million in financing in its first year.
Connecting with a Mobile Market
The percentage of renters with smart phones is twice that of the overall population.
College in South Carolina Gets Luxury Student Housing
New student housing is being developed near Coastal Carolina University in Conway, S.C. HighBridge Properties, a real estate advisory and brokerage firm, has been named as the exclusive advisor to market and sell the community.
Post Brothers Secures $52M Loan for Philly Multifamily
Residential developer Post Brothers has obtained a $52 million loan for Post Rittenhouse Hill to complete the redevelopment of the Rittenhouse Hill multifamily property in the Germantown section of the city.
APARTMENT MARKET STATISTICS: May 2012
Multi-Housing News’ May 2012 Apartment Market Statistics section showed that apartment fundamentals continued to roar ahead.
APARTMENT MARKET STATISTICS: April 2012
Apartment market statistics showed minimal improvements in the April 2012 issue of Multi-Housing News.
CIM Group Kicks Off 22-Story Mixed-Use Hollywood Tower
By Alex Girda, Associate Editor A change is in store for the Hollywood skyline as CIM Group starts construction of the Sunset Gordon, a 22-story mixed-use tower. Located at the intersection of Sunset Blvd. and Gordon St., the project will feature 301 residential units, 39,538 square feet of office space, 13,056 square feet of ground […]
The Federated Companies Announces Sale of Multifamily Parcel
In a transaction valued at $4.1 million, a 12-acre Wilmington, Mass., development site has been sold by The Federated Companies to EA Fish Development.
Economy Watch: New Home Sales Down in February
New home sales were down 1.6 percent in February to an annualized rate of 313,000 units, according to the U.S. Census Bureau on Friday.