News
Laticrete and Supercap Join Forces to Pump Concrete Sky High
Laticrete International has entered into a partnership with Supercap to form Laticrete Supercap LLC. The company uses high-tech pumping trucks to deliver self-leveling underlayment up to 50 stories high.
Ground Broken for New Seattle Apartments
Seattle–Holland Partner Group and Capstone Partners L.L.C. have broken ground on a 284-unit mid-rise apartment building in the South Lake Union neighborhood of Seattle.
New Condos Coming to 250 West St. in Tribeca
New York–The early-20th-century building at 250 West St. in Manhattan’s Tribeca neighborhood is in the midst of being reborn as a luxury condominium development.
Economy Watch: Homebuilders a Little Less Glum
U.S. homebuilders are feeling a little more confident this month than last; Obama appoints Richard Cordray to head the Consumer Financial Protection Bureau; and the debt ceiling looms.
TPG Capital Affiliates Acquire PRIMEDIA
Atlanta—Affiliates of global private investment firm TPG Capital have acquired PRIMEDIA Inc., a company that helps consumers find apartments through Internet, mobile and print solutions.
Suburban D.C. Townhouses Win First New LEED Platinum Designation
Silver Spring, Md.–USGBC has certified Blair Towns, a suburban D.C. multifamily property, LEED Platinum, making it the first property certified as such anywhere in the world.
TODAY’S DEALS: Cushman & Wakefield Sells a 200-Unit Community in Mass.
Cushman & Wakefield arranges the sale of a 200-unit community in Mansfield, Mass.; Education Realty Trust and The Edwards Company close financing and begin construction on a student-housing community in Alabama; and Walker & Dunlop closes a $13.2 million HUD 223(f) loan.
Riverstone Residential Names Proffitt EVP
Dallas–Riverstone Residential Group has named Loyal Proffitt executive vice president for the company’s South Central Region.
MHN Interview: JLL’s Darcy Miramontes
Recently hired as an EVP, Darcy Miramontes talks to MHN about how she plans to help Jones Lang LaSalle capitalize on a hot apartment market in Southern California.
Urban-Infill Student Housing under Construction in Richmond
The Collegiate, a 269-unit student-housing community in Richmond, will combine large-unit designs and townhouse style with the vibrancy and convenience of urban living.