National
Gordmans Unveils New Stores in Farmington and South Jordan
By Alex Girda, Associate Editor Gordmans unveiled a pair of new locations on March 15 as part of a major expansion in the Intermountain West region. The Omaha, Neb.-based discount retailer opened 50,000-square-foot stores at the Station Park retail center in Farmington and at The District in South Jordan, eight days before an official grand […]
TODAY'S DEALS: EdR to Develop Off-Campus Housing in Downtown Phoenix
EdR begins a joint venture development in Phoenix; Holliday Fenoglio Fowler transacts and arranges financing for a Houston asset; and Meridian Capital negotiates New York City financing with interest rates in the 3 percent range.
How Students Look for Apartments
Catalyst’s most recent survey shows what students use to look for apartments.
TODAY'S DEALS: Lee & Associates Sells a 358-Unit Asset in Long Beach
Lee & Associates transacts the sale of a 358-unit community in California; Beech Street Capital finances a $9.5 million loan for a Miami acquisition; and NorthMarq Capital arranges a $20.1 million mortgage/bridge loan for a seniors housing portfolio.
TODAY'S DEALS: AREA Property Partners Acquires 1,180 Units in Virginia
AREA Property Partners buys a large asset in Alexandria, Va.; Chestnut Hill Realty completes an addition on a Massachusetts re-positioning; and Mortgage Equicap arranges a $17 million construction loan.
TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas
Pivotal Group Inc. completes a joint venture acquisition of 21 communities in Texas; NewGate Capital introduces a new fund aimed at the redevelopment of mixed-use projects in Central Florida; and ARA announces the sale of a 350-unit Class-A apartment community in Raleigh, N.C.
MHN Interview: NYU's Furman Center's Surprising Data on Subsidized Housing
New York University’s Furman Center for Real Estate and Urban Policy was recently awarded the MacArthur Award for Creative and Effective Institutions. MHN interviewed Furman Center co-director Ingrid Gould Ellen on the Furman Center and what surprising data their research revealed about subsidized housing.
TODAY'S DEALS: Morgan Properties Buys 192-Unit Community Near Philadelphia
Morgan Properties buys a community for $31.4 million; Holliday Fenoglio Fowler secures financing for a student housing asset; and Lee & Associates transacts a $7.8 million sale.
TODAY'S DEALS: HFF Lands $22.2M for Class A Community in Central Florida
Holliday Fenoglio Fowler lands financing for a 270-unit property in Florida; an Archstone sponsored partnership completes a $63.2 million purchase; and Walker & Dunlop completes a $9.55M refinance loan for a mixed-use property in New Orleans.
TODAY'S DEALS: IPA Sells Sacramento-Area Asset for $48.3M
IPA brokers the sale of a 452-unit asset near Sacramento; EdR wins approval for a student housing revitalization at the University of Kentucky; and Eastern Consolidated procures a buyer in the $33.8 million sale of a property in Manhattan.