News

Curley Joins Fletcher Thompson as Principal of College and University Architecture

New York–Fletcher Thompson, an architectural, engineering and interior design firm, has added W.J. Patrick Curley, AIA, as principal of the firm’s College and University Practice Group.

FS Energy to Make Energy-Efficiency Loans to Multifamily Properties

New York–FS Energy L.L.C. has partnered with two unnamed financial institutions to arrange for loans to residential buildings to make energy-oriented capital investments.

TODAY’S DEALS: HFF Arranges $14M Financing for Colorado Complex

HFF arranges a $14M financing package for a Colorado property; Behringer Harvard sells a 390-unit asset near San Francisco to an institutional investor; and NCB, FSB arranges financing for local cooperatives.

Architecture Inc. Celebrates LEED-ND Certification of University Place in Memphis

Memphis, Tenn.–University Place was able to achieve the USGBC’s new LEED-ND certification through a combined planning effort involving everyone from architects to the fire department.

Economy Watch: Housing Starts Contract in April

The annualized rate of homebuilding dropped 10.6 percent from March to April; Geithner would prefer to not be the first Treasury secretary to preside over a default by the federal government; and Wal-Mart sees a dip in sales.

Campus Living Villages’ Student Housing Wins Accolades

Lubbock, Tex.–The Cottages of Lubbock, a premier student housing community near Texas Tech University, was recently voted students’ favorite off-campus place to live.

Tubelite Introduces New Storm Door

Tubelite introduces a tough new storm door that is made mostly from recycled aluminum.

L.A. Multifamily Property Wins HUD Door Knocker Award

Los Angeles County–HUD has awarded Casa Dominguez, a 70-unit affordable housing property completed in 2009, a HOME Program Door Knocker Award.

Nancy Packes and Cooper Square Collaborate on New Developments

New York–Nancy Packes and Cooper Square Realty have formed an exclusive joint venture to bring their respective areas of expertise to new development projects.

TODAY’S DEALS: Beech Street Provides $32M Refinance to 648-Unit Property

Beech Street Capital provides a $32 million refinance for a 648-unit property in Delaware; Walker & Dunlop provides a $5.6 million refinance loan for a Vermont property; and Colliers negotiates the sale of two properties in Phoenix.