News
Economy Watch: Consumer Income, Spending Rise in February
Personal income and expenditures were up in February; pending homes sales were up slightly as well; and a gender discrimination suit against Wal-Mart reaches the Supreme Court.
JLL Merges Operations with Keystone in Charlotte
Charlotte, N.C.–Jones Lang LaSalle has merged operations with Keystone Partners.
New Bio-Diverse Tower Designed for Eco-City in China
As part of the Tianjin Eco-City in China, which aims to develop a socially harmonious, environmentally friendly city, a 200 meter-tall mixed-use commercial building has been designed with a bamboo forest in mind.
‘On the Ground’ with Eric Brown: Branded Media’s Hidden Benefits
There is something known as the corridor of opportunity. The gist is that many times some of the greatest fruit bears itself once we are already immersed in a process.
Nonprofits Create Multifamily Energy Efficiency Program in Chicago
Chicago–The Energy Savers program in Chicago helps multifamily owners make energy-efficiency improvements to their properties and aims to create building jobs.
Converted Loft Property in Pittsburgh Wins Adaptive Reuse Award
Pittsburgh–McCaffery Interests Inc. transformed a turn-of-the-century warehouse complex into a thriving residential property with 297 loft apartments, while maintaining the original facility’s historic features.
TODAY’S DEALS: Beech Street Provides $74M in Fannie Mae Loans to Refinance Portfolio
New York–Beech Street Capital provides $74M to refinance portfolio, and Prudential Douglas Elliman completes biggest single condo sale ever in New York City.
Economy Watch: Consumers Feeling Blue Once More
Consumer sentiment points toward nervous times; the Fed is looking to sell subprime mortgage bonds; and GDP growth for 4Q10 was revised upward.
New Atlanta Multifamily Property Stresses Water Conservation
Atlanta–Enso has unveiled its water-efficiency features, including a cistern for rainwater harvesting, water-efficient plumbing and a saltwater pool.
MyNewPlace’s Mobile Website for Property Marketers
San Francisco—MyNewPlace is offering Mobile Portal, a mobile-optimized website solution for its growing marketing services product line.