News
Economy Watch: Nervousness Grows (Again) About Greece
Greece hasn’t quite signed off on the conditions that would allow it to receive more bailout money and thus pay its near-term bills.
Closings Begin at Luxury Condominiums
Closings have already begun at The Residences at W Atlanta Downtown, which re-launched several months ago. Buyers include cash purchasers, plus end-users and people buying second homes.
New Affordable Community Offers Environmental Benefits
KTGY Group Inc., Architecture + Planning, has announced the opening of a green affordable community called The Crossings on 29th Street in South Los Angeles.
ARA Expands Southwest Operations with Opening of Tulsa Office
Atlanta-headquartered ARA, a privately held, full-service investment advisory brokerage firm, announces the opening of its newest office in Tulsa, Okla.
TODAY'S DEALS: Second Phase of Allegro Breaks Ground in Texas
Behringer Harvard breaks ground on the second phase of a Texas property; and Johnson Capital arranges $75 million for a 1,271-unit portfolio acquisition.
When Affordable Housing Isn't Really Affordable
Families living in affordable housing know their housing costs cannot exceed 30 percent of their incomes. But that affordability can be nullified if the housing is not located in areas with comparatively affordable transportation costs.
Economy Watch: January Jobs Jump Broad Based
The U.S. economy not only added 243,000 jobs in January, which was a surprise to dismal scientists expecting something more dismal, but the growth turned out to be broad based, which was something of a surprise as well.
TODAY'S DEALS: American Campus Communities Begins Drexel University Project
American Campus Communities begins a $97.6 million mixed-use development at Drexel University; Marcus & Millichap lists a 137-unit asset in the Bay Area; and KeyBank provides $44 million in Freddie Mac funding for three communities.
Fat City Lofts Project in Danger as CCDC Votes in Favor of Solar Turbines
By Gabriel Circiog, Associate Editor The Center City Development Corp. board has cast its vote on the Fat City Lofts development. As previously reported, Solar Turbines has opposed the project arguing that coexistence with the planned 232-unit apartment development would be virtually impossible. The company stated that the development would attract an environmental review that […]
'Economy Watch' Podcast with Dees Stribling: Strong Job Report
Some discouraging numbers this week, but in the end, the unexpectedly strong jobs report put a positive spin on things.