News

Join a Live Facebook Chat w/ Tom Bozzuto Tuesday, Jan. 24

Gain insight into the market during a one-hour live chat with an industry trailblazer.

Economy Watch: World Bank Cuts World Growth Forecast to 2.5 Percent

The World Bank revised its prediction for the growth of the global economy in 2012 on Tuesday, and it wasn’t a change toward the upside.

Tishman Construction to Serve as Related and Oxford's Building Partner

Related Companies and Oxford Properties Group announced the retention of Tutor Perini Corporation as contractor for the Hudson Yards development.

Today's Deals: CBRE Capital Markets Arranges $155M for Seattle Portfolio

CBRE Capital Markets arranges a $155 million refinancing for a Seattle portfolio; Security Properties closes 2011 with $244 million in transactions; and Boston Capital invests in an affordable project in Maine.

Marcus & Millichap Report Predicts Strongest Year Yet for Rental Market

2011 proved to be a good year for multifamily, according to Marcus & Millichap’s 2012 National Apartment Report. And this is predicted to continue for 2012.

Laurel Street Acquires Crosland Affordable Housing Personnel, Projects

The newly formed Laurel Street Residential has bought the affordable housing development division of Crosland LLC for an undisclosed price.

Colliers Launches Student Housing Group

Colliers International plans to capitalize on growing demand in the student housing market with the creation of its National Student Housing Group.

David Woodward Forms CompassRock Real Estate LLC

After a career providing leadership and strategic vision to Laramar Group and Archstone, David Woodward has formed a new property management firm, CompassRock Real Estate LLC.

Economy Watch: The French Ratings 'Surprise'

Just when things in the euro zone were getting a little too quiet, Standard & Poors proved the rumors true late on Friday by downgrading the sovereign-debt rating of nine euro-using countries at one go.

TODAY'S DEALS: UDR/MetLife JV Completes $630M NYC Acquisition

UDR/MetLife complete a $630 joint venture acquisition in New York; Beech Street Capital closes 2011 with $2.2 billion in multifamily financing; and Walker & Dunlop supplies a $24.7 million refi under Fannie Mae Early Rate Lock.