Regions
Mauritius Resort Hotel Picked Up for $72 Million
CPA®:18 –Global, one of W. P. Carey Inc.’s managed non-traded REITs has acquired La Plantation d’Albion Club Med, the parent firm announced.
Weston Homes to Redevelop Historic Wellcome Factory Site in Dartford
Essex-based house builder Weston Homes recently acquired a historic, 7.59-acre property in Dartford, 16 miles away from central London.
As Rents Rise, This New Condo Seizes Advantage
P.T. Blooms is developing Banneker Hill, a seven-home condominium in Washington, D.C.’s burgeoning 14th Street corridor.
Economy Watch: Retail Recovery at a Snail’s Pace
Reis released its latest quarterly report on the U.S. retail real estate market.
Reading the Market: Carroll Organization Sells Two Houston Apartments
Carroll Organization, a privately held multifamily specialist, has completed the sale of Arium Westheimer and Arium Westheimer Villas, both located in Houston, for an unspecified price.
Carnegie Wins Two GOOD Design Awards
Carnegie, a manufacturer and innovator of textiles in North America, won two 2014 GOOD DESIGN awards.
TODAY’S DEALS: Berkshire Group Takes Two Assets Off Crescent’s Hands
Crescent Communities continues to sell in North Carolina; Cushman & Wakefield originates $49.6 million in seniors housing construction financing; and Dobbins Group completes and sells a 135-unit upscale apartment community it redeveloped.
New Year Incentive for New Townhomes
Construction is underway on the first townhouses at Springside at Robbinsville in Mercer County, N.J.
Looking for Success Rebranding Student Housing
Development, acquisition and management firm Inland American Communities has purchased Asbury Green, a property serving University of Denver students, and is rebranding the community as University House.
Apartment Fundamentals Still Strong
The apartment market isn’t remotely sluggish, but it isn’t the frenetic, ants-in-its-pants creature it became after the housing crash converted a lot of people into renters, or persuaded Gen Xers and Millennials that renting a few more years than their parents isn’t a bad thing.