Regions
Stonemark, 29th Street Capital JV Acquires 250-Unit Community in Arlington, Texas
A Stonemark Equities and 29th Street Capital joint venture has acquired Southern Hills Apartment Homes in Arlington, Texas.
Enterprise CEO Terri Ludwig Wins Female Innovator of the Year
Terri Ludwig, president and CEO of Enterprise Community Partners Inc., was honored with a Gold Stevie® Award as Female Innovator of the Year at the 10th annual Stevie® Awards for Women in Business.
MetLife, Partners Sell Two Illinois Apartments
Woodlands of Crest Hill, a 730-unit apartment property in Crest Hill, Ill., and the Fountains at Stone Crest, a 400-unit apartment in Westmont, Ill., have traded hands.
Braxton Development, Sterling Development and Baledge Team On Opening of Luxury Apartments in N.D.
Braxton Development, Sterling Development and Baledge LLC have opened Sierra Ridge Apartment Homes, a 278-unit Class A community in Dickinson, N.D.
GLCF Announces Completion of Silver Star Phase II Supportive Housing Community
Great Lakes Capital Fund, along with other collaborative partners, announced the completion of Silver Star Apartment Homes’ Phase II, which will bring an additional 100 units to the Battle Creek, Mich. housing market.
TODAY’S DEALS: Raia Buys a Tallahassee Apartment for $42.2M
ARA brokers a Tallahassee sale; HFF brokers the sale of 1,130 units in Chicagoland; and NorthMarq secures $17 million for a Houston-area portfolio.
Economy Watch: Some City Budgets Rearch Pre-Recessionary Levels
According to a study released by the Pew Charitable Trusts on Monday, some of the largest U.S. cities have seen their municipal budgets recover from the lows of the recession, when steep drops in tax revenue and other income cut into city coffers.
Berkshire Property Advisors Recognized as Top 100 Places to Work in Dallas Fort Worth
Berkshire Property Advisors was recently recognized by the Dallas Morning News as one of Dallas Fort Worth’s Top 100 Places to Work in 2013 ranking 22nd.
JMP Holdings/Canoe Brook Complete Second Phase of N.J. Apartments
The second phase of Highlands at Hilltop in Verona, N.J., has opened. The phase, which is adjacent to the first phase, adds 130 rental units to the community, as well as a 6,000 square-foot club room, outdoor pool, computer center, billiards, a golf simulator and other amenities.
Three-Way JV Acquires Building at 84 Williams Street in Downtown Manhattan
A joint venture between Korman Communities, Shorewood Real Estate Group and Prodigy Network has announced that it has acquired the building at 84 William Street in Downtown Manhattan.