News
Compatriot Capital Acquires Percentage of Ownership of Village Green
Compatriot Capital, a subsidiary of Sammons Enterprises, has acquired 50 percent ownership interest in in Farmington Hills, Mich.’s Village Green, a privately held developer and manager of luxury apartment communities.
JV Plans 500 Apartments on Jersey City Waterfront
Mack-Cali Realty Corp. and Ironstate Development Co. have formed a joint venture to develop multifamily rental property on the Jersey City waterfront.
Trinitas Ventures Adds Heidi C. Galey as the Director of Property Management Operations
Trinitas Ventures, a developer, owner and manager of multi-use student housing communities, has hired Heidi C. Galey as its new director, property management operations.
Summit Housing Snaps Up, Revamps Katrina-Damaged Property in New Orleans
Six years after Hurricane Katrina devastated New Orleans, progress has been made in replenishing the city’s affordable housing stock. Summit Housing Partners has certainly been doing its part to move the effort forward.
LOFTwall is the Ultimate User-Defined Space Divider
Partitions from LOFTwall offer an attractive, affordable and customizable way for residents and interior designers to make smaller spaces more functional. The panels feature a self-adhesive system that can use any cover material, so LOFTwall can work with any design or color scheme.
Today's Deals: Archstone Partnership Acquires $131M NYC Community
An Archstone sponsored partnership has acquired a 209-unit community in New York; IPA brokers the sale of a 174-unit asset in Los Angeles; and Walker & Dunlop completes a $12 million Fannie Mae Early Rate Lock loan.
PROFILE: Paladin Realty Partners LLC
As a private real estate investment firm that targets the Class B and Class C niches, Paladin Realty Partners LLC has a built-in strategy for standing above the crowd in the value-add market.
Economy Watch: Realtors to Revise Existing Homes Sales Down
The National Associations of Realtors said on Monday that it’s going to revise downward the number of existing homes sales it reported from 2007 to the last 10 months of 2011.
Historic U.S. Courthouse in Downtown Kansas City Redeveloped into Apartments
By Gabriel Circiog, Associate Editor The redevelopment of the former Kansas City downtown federal courthouse into an apartment building is complete. The Kansas City Star reports Mayor Sly James participated in the inaugural ceremony which marked the completion of a grueling redevelopment that started five years ago. James describes it as a unique environment and […]
Jason T. Stanton Joins Hendricks & Partners and Opens Tampa Bay Area Office
Hendricks & Partners is announced that Jason T. Stanton has joined the firm, opening its new Tampa Bay Area office as Hendricks & Partners continues its expansion in Florida and the Southeastern markets.