News
TODAY'S DEALS: Morgan Properties Buys 192-Unit Community Near Philadelphia
Morgan Properties buys a community for $31.4 million; Holliday Fenoglio Fowler secures financing for a student housing asset; and Lee & Associates transacts a $7.8 million sale.
EdR Tackles On-Campus Student Housing
The University of Kentucky Board of Trustees has approved a 50-year lease with EdR for on-campus housing.
'Economy Watch' Podcast with Dees Stribling: Is the Euro Zone Crisis Over?
The euro zone crisis is over, until next time, and the U.S. economy looks comparatively good.
Honolulu to Market City-Owned Affordable Housing
The City and County of Honolulu has selected CBRE Group to market its entire portfolio of affordable rental housing communities, with the intention of transitioning ownership of the housing to private ownership.
Economy Watch: Unemployment Claims Still Low
The U.S. Department of Labor reported on Thursday that weekly unemployment claims didn’t budge for the week ending Feb. 18, standing pat at 351,000.
TODAY'S DEALS: HFF Lands $22.2M for Class A Community in Central Florida
Holliday Fenoglio Fowler lands financing for a 270-unit property in Florida; an Archstone sponsored partnership completes a $63.2 million purchase; and Walker & Dunlop completes a $9.55M refinance loan for a mixed-use property in New Orleans.
Archstone Buys Washington State, California Properties
Archstone has acquired a 131-unit apartment complex in Kirkland, Wash. It sold for about $47.5 million and will be renamed Archstone Kirkland at Carillon Point.
Alabama Builder Named 2012 Professional Women in Building Council Chair
The National Association of Home Builders (NAHB) Professional Women in Building (PWB) Council installed its 2012 leadership team this month at the International Builders’ Show in Orlando, Fla.
Joint Venture to Acquire 360-Unit Property in Texas
Carroll Organization has partnered with Starwood Capital to acquire the 360-unit apartment community Carrington at Shadow Creek Ranch, a Class A project just eight miles from the Texas Medical Center.
Greystar Appoints Hutchinson to Spearhead Southeast Growth
Greystar, a multifamily real estate management firm, has appointed Ray Hutchinson as senior managing director of real estate.