Regions
FRHI Announces Seven-Hotel Expansion in the MEAI Region
The MEAI region is set to see the development of seven new hotels operated by FRHI Hotels & Resorts, the company recently announced at the Arabian Travel Market.
TODAY’S DEALS: Newly Built San Antonio Property Trades Hands
The NPR Group sells a 300-unit asset in Houston to Pensam Capital; Carroll Organization and The Carlyle Group complete a Houston apartment disposition; and GFI fetches $175k per unit for a 53-unit apartment building in the Bronx, N.Y.
Home Properties Begins Major Energy Upgrade on NJ Property
Home Properties has hired Lapolla Industries Inc. to implement Lapolla’s Multi-Family Energy Savings Program at the REIT’s Jacob Ford Village in Morristown, N.J.
NWP Joins the Expanding MRI Partner Connect Network
NWP Services Corporation, a nationwide leader in resident utility billing, energy management and submetering services to the multifamily industry focusing on optimizing their clients’ utility spend, is the latest addition to the prestigious MRI Partner Connect program.
HUD and Fannie Mae Announce Expansion of Green Preservation Plus
Fannie Mae, with support from the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), today announced the expansion of Green Preservation Plus.
Carnegie Becomes a Certified B Corporation
Textile manufacturer Carnegie announced they have become a Certified B Corporation. B Corp certification is a rigorous third party assessment performed by the non-profit organization B Lab.
Greystone Launches Brooklyn Luxury Apartments
Greystone has launched Printhouse Lofts, a 36-unit luxury rental apartment building in Brooklyn’s Williamsburg neighborhood.
NCC Awarded Construction Contract for 400-Unit Apartment Community in Aarhus, Denmark
NCC Construction Denmark has recently received a SEK 725 million ($115.3 million) construction contract to build an apartment community in Aarhus, Denmark.
Avison Young Secures Major Investment in Germany on Behalf of Canadian Pension Funds, Inaugurates Asset-Management Mandate Outside North America
Avison Young, a Toronto-based commercial real estate services firm has recently advised two Canadian pension funds in the acquisition and financing of a mixed-use, two-building complex in Cologne, Germany.
DAMAC Launches New Phase at Capital Bay and New Property Management Company
DAMAC Properties, one of the largest luxury real estate developers in the Middle East, has announced the release of a new phase at its Capital Bay luxury multifamily project in Dubai’s CBD.