News
Q&A with Crescent Resources’ Todd Farrell
Todd Farrell, president of Crescent Resources Multifamily Development Group, talks to MHN about Crescent Resources’ foray into student housing.
‘Gimme Shelter’ with Daniel Gehman: Transit-Oriented Debacle
This full-capacity transit situation is directly related to two factors: declining unemployment and rising gas prices.
Economy Watch: More Residential Borrowers Underwater in 4Q
Twenty-three percent of U.S. residential mortgages are underwater; AARP has filed suit against HUD for its handling of reverse mortgages; and there are more Subways in the world than McDonald’s.
RealtyJoin Launches Version 2.0 of Its Social Marketplace
Atlanta–RealtyJoin, a free interactive social and business-networking site for the real estate industry in the United States and Canada, has launched version 2.0.
Porto Named Real Estate Group’s Rookie of the Year
New York–The Real Estate Group of New York has named real estate agent Luke Porto its 2010 Rookie of the Year.
Condo Convertor Offers Deep Discounts on Chicago Property
Chicago–Condo sales and prices were down in 2010. American Invsco is temporarily knocking half the price off units in one of its properties.
$74M Mixed-Use Project Will Combine Grocery and Residential
Alexandria, Va.–Buchanan Partners and The Pinkard Group have joined forces to develop a $74 million mixed-use residential property with ground-level retail.
Adaptive Reuse at San Francisco’s Presidio, Plus Slideshow
Tucked into a corner along the southern edge of the Presidio, the district’s long-empty buildings have undergone amazing transformations, preserving their original character while incorporating contemporary sustainable features.
Luca Named TCA Architectural CFO
Thomas P. Cox: Architects has named Vincent Luca as the firm’s chief financial officer.
TODAY’S DEALS: Granbridge Closes $31.9M Mortgage Secured by 352-Unit Property
Granbridge closes $31.9 million first mortgage; CBRE sells a 304-unit student-housing community; and HFF closes sale of suburban apartment property.