Regions
Economy Watch: Housing Slump’s Impact Unequal
The Census Bureau reported that the recession hit home values in more populous U.S. counties harder than smaller counties.
Franklin Cos. to Begin New Seniors Property in Metro San Antonio
Plans for a 315,000-square-foot, 217-unit seniors housing property in the town of Alamo Heights, Texas, have been unveiled.
TODAY’S DEALS: Essex Property Trust Buys 379 Units in San Diego
Essex Property Trust completes a $121 million apartment acquisition; Kennedy Wilson and partners buy 388 rental units in a Portland suburb; and Marcus & Millichap arranges a $71.1 million sale of eight Silicon Valley redevelopment sites.
Diane Nordin Elected to Fannie Mae Board of Directors
Fannie Mae announced that the board of directors has elected Diane C. Nordin to the company’s board.
InHaus, Redfin Join Forces on Seattle Condo Development
Acclaimed sustainability developer InHaus and technology-driven real estate brokerage Redfin are coming together to unveil a new condominium development in the Ballard neighborhood of Seattle.
Economy Watch: Consumer Debt Sees Uptick in 3Q
Aggregate U.S. consumer debt increased by $127 billion in the third quarter of 2013, the largest increase since the first quarter of 2008, according to the New York Federal Reserve.
HOK-Planned Green Mega-Development Launches in India
Luxora Infrastructure Pvt Ltd has launched Ensaara Metropark, a 280-acre mixed-use mega-development in Nagpur, the state of Maharashtra, under the Government of Maharashtra’s Special Township Policy.
Dutch Architecture Firm Plans Floating Apartment Community
Given its century-old battle with the forces of nature, in preserving the integrity of its territories, the Netherlands seems to have come to an understanding that it won’t always be able to stave off Mother Nature.
Deco Communities Redevelops Vegas Apartments Frequented by Rat Pack
Cabana on Dumont, the redevelopment of the former Rainwalk Apartments in Las Vegas, has opened. It’s the first apartment outside of Arizona to be converted into Scottsdale-based Deco Communities’ “Cabana Modern Apartment Homes” brand of rental properties.
WESTliving Plans Construction of Continuum of Care Model Community
California-based WESTliving has announced its plan to build an independent, assisted living and memory care seniors community in an upscale area of South Corona, Calif. in Riverside County.