Regions

Berkeley Point Capital Continues to Expand Its Affordable Housing Finance Team with the Hiring of Matt Naish

Matt Naish joins Berkeley Point Capital LLC as director, affordable housing finance.

Economy Watch: Manufacturing Continues to Grow

The U.S. manufacturing sector expanded in November for the 18th consecutive month, according to latest Manufacturing ISM Report On Business.

Oculus Opens The Colonel Apartments in DC for Leasing

Oculus Realty has started leasing at The Colonel, a new 70-unit apartment development with historic components in Washington, D.C.’s Shaw neighborhood. The five-story structure at the corner of 9th and N Sts. also includes 8,500 square feet of first-story retail space.

New Zealand’s First DoubleTree by Hilton Hotel Opens in Queenstown

Hilton Worldwide’s DoubleTree by Hilton brand recently opened its first property in New Zealand.

First Building of Green Court Bucharest Office Complex Sells for $55.08M

Green Court Bucharest A will soon change hands. The first building of the approximately 560,000 square-foot office park is currently in Skanska Property Romania’s ownership and will be transferred to Globalworth Real Estate Investments LTD foreseeably in the second quarter of 2015.

Grace Hill Acquires The Training Factor

Grace Hill LLC, a provider of online education and learning management solutions for the multifamily housing industry, has acquired The Training Factor LLC.

TODAY’S DEALS: A Canadian Investment Group Picks Up Austin Apartments from Greystar

ARA brokers a 355-unit sale in Austin; Griffis Residential acquires 512 units in Austin; and Oak Grove Capital arranges a $10-million forward commitment for a public housing redevelopment in the business district of Tampa, Fla.

Katara Hospitality Proposes $1.6B Silver Pearl Hotel in Qatar

Katara Hospitality, a premier Qatar hotel developer and operator has recently unveiled plans for a luxurious, 1000-plus-room Silver Pearl Hotel to be located 1.5 kilometers offshore near Doha.

Lockheed Martin, Concord Blue to Build 5-Megawatt Bioenergy Facility in Herten, Germany

Lockheed Martin, an American aerospace and defense giant recently announced a partnership with the global waste management company Concord Blue to build a 5-megawatt power generation facility in the town of Herten, Germany.

LCOR’s David Klock Promoted to Chief Financial Officer

LCOR, a fully integrated real estate company specializing in property development, investment and management, announced that David Klock has been named chief financial officer and senior vice president.