Regions
TODAY’S DEALS: CBRE Global Investors Completes a 734-Unit Acquisition
HFF arranges a 734-unit sale in Houston; PCCP provides $41 million for a mixed-use development in Sacramento; and HFF secures a $6.4 million CMBS takeout loan for a downtown mixed-use community.
EXPOReal Special Report: Russia Tackling Housing Issue, Looking at Indian Project to Adapt PPPs
As our coverage of EXPO Real 2013, the 16th edition of the International Trade Fair for Property and Investment began, there was one item that immediately caught our attention.
Maplewood Senior Living Breaks Ground on 84-Unit Community
Construction is underway at Maplewood Senior Living’s newest community, Maplewood at Stony Hill, an assisted living residence that will focus on memory care.
Sterling and Braxton Break Ground on Upscale Apartments in Lincoln, Neb.
Construction is underway on a new, 220-unit luxury apartment development in Lincoln, Neb. Developed by a partnership between The Sterling Group and Braxton Development, Aventine at Wilderness Hills Apartment Homes will feature a dozen buildings.
Silverstone Buys Manhattan Mixed-Use Properties for $71M
Silverstone Property Group has bought seven contiguous buildings in the Kips Bay section of Manhattan for $71.5 million that form a mixed-use package of residential and retail space.
Jeff McClure to Lead Greysteel Capital Markets
The Greysteel Company announced the appointment of Jeff McClure as managing principal of Greysteel Capital Markets, its newly launched real estate investment banking and finance affiliate.
Economy Watch: Americans Nervous About Economy
These are nervous days. Gallup reported on Tuesday that Americans’ confidence in the economy has deteriorated more in the past week during the partial government shutdown than in any week since Lehman Brothers collapsed in Sept. 2008.
MVE & Partners Expands Leadership Team
MVE & Partners, an architecture planning and design firm, announces the hiring of a new principal, Marios Savopoulos, AIA.
TODAY’S DEALS: Raymond James Completes $195M LIHTC Fund
Raymond James completes a construction/rehab LIHTC fund; Greysteel arranges a 100-unit sale in Maryland; and distressed communities to get a $100 million lift from Bank of America, Enterprise and LISC.
President Jan Berman Elected to Green Light New York Board of Directors
Jan Berman, president of MechoSystems, has been elected to the Board of Directors of Green Light New York (GLNY). His nomination was unanimously approved.