News
Today's Deals: ARA Announces $64.5M Portfolio Sale
ARA announces a $64.5 million portfolio sale; Phoenix Realty Group acquires two assets for $65 million; and The Bozzuto Group partners with Giant Food on a $125 million development.
Big Unit with a Small Footprint
Wisznia | Architecture + Development brings a creative approach to adaptive reuse in New Orleans.
Equity Residential Enters into Billion Dollar Agreement to Acquire Interest
Equity Residential announced it has signed a contract to acquire 26.5 percent ownership interest in Archstone, a privately held owner, operator and developer of multifamily properties. The agreement was for $1.325 billion, in cash.
San Jose Affordable Housing Development Opens Its Doors
Brookwood Terrace Family Apartments, a development of ROEM Corp. and Eden Housing Inc., in collaboration with the city of San Jose, has been completed.
Top Deals of 2011
The apartment market returns to its norm with large investment sales transactions.
On the Hill: The Post Construction Rule
The EPA is currently developing a proposal that would impose requirements on new developments, redevelopments and MS4s (municipal storm-sewer systems) to reduce the quantity of stormwater runoff.
New Online Calculator Estimates Carbon Benefits of Wood Buildings
Wood Works, a cooperative venture of major North American wood associations, launched an online tool that estimates the carbon benefits of wood buildings.
Boston's Downtown Crossing to Gain New Residential Tower
The Downtown Crossing area of Boston stands to be revitalized with an autumn, 2013, addition of a new 15-story, 390,000-square-foot luxury residential tower to be built by Boston-based Suffolk Construction.
Economy Watch: Mediocre Jobs Numbers, But Not All Bad
Friday’s official jobs numbers by the Bureau of Labor Statistics indicated that employment continued to trend up in several areas. All levels of government employment continued to trend down, as has been the case since mid-2008.