News
Economy Watch: Retailers Shed Jobs, Put Dent in March Employment Numbers
The headline number for employment in March was the creation of 120,000 new jobs by the U.S. economy. Since the eligible-to-work population grows roughly that much each month, that means that the economy treaded water for the month, following a few months when job growth exceeded population growth.
New Manhattan Apartments Feature Souped-up Daylighting Glass
A New York apartment building is the world’s first large residential project to use a combination of glass fiber veils that act as a controlled light diffuser.
TODAY'S DEALS: MAA Buys 240-Unit Community in Virginia
MAA buys a community in Chesapeake, Va.; a 272-unit purchase expands Bascom’s Texas portfolio to 20 properties; and Johnson Capital arranges a preferred equity investment of under $1 million.
Are You a Bad Neighbor?
No one ever gets an apartment with the intention of being a bad neighbor. It’s hard living in close quarters. Are you unintentionally doing any of these six things that could be annoying your neighbors?
'Economy Watch' Podcast with Dees Stribling: March Employment Disappoints
March employment disappoints, noises made about Spain being the next threat to the euro.
COMPANY PROFILE: Hines
Last year, Hines hired Alan Patton, then president of The Morgan Group, to lead the company’s efforts to expand its multifamily development activity.
River Park Estates Benefits from Procida Funding's 100 Mile Fund
The developer of River Park Estates, a 10-unit town home development in North Bergen, N.J., has obtained a $3.5 million bridge loan to permit completion of the project.
Economy Watch: Job Creation Pace Slows in March
The Bureau of Labor Statistics reported on Friday that the U.S. economy created a net of 120,000 new jobs in March, less than expected after a run of months in which employment gains were over 200,000.
TODAY'S DEALS: Village at Playa Vista Gets Green Light
A 111-acre mixed-use development gets the green light; a San Fernando Valley building commands $225,000/unit in a Marcus & Millichap-brokered sale; and Beech Street Capital arranges $7.7 million for a Maryland asset.
Related, Shoma Buy Site for Miami-Area Mixed-Use Development
Related Group and Shoma Group have acquired land for a mixed-use development of multifamily housing, retail and other commercial product in the city of Doral in Miami-Dade County.