News
New Owner Plans New Life for $300M Miami Condo Development
Miami–New owners iStar Residential and ST Residential have stepped in with plans to reposition and relaunch the upscale, 340-residence Paramount Bay in downtown Miami.
ULI Coverage: Panelists Debate ‘Destinies’ in Opening Keynote
Phoenix–With the economy beginning to see a thaw in the recession, there was a palpable if tenuous sense of hope at the Urban Land Institute’s spring meeting.
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.