Regions
London Student Housing Opens in Former Johnnie Walker Breweries
Assam Place, a mixed-use, luxury student housing project in the former Johnnie Walker breweries in London, has celebrated its official opening.
Dominium Buys Affordable Property in Florida
Multifamily owner Dominium has bought the Nassau Bay Apartments in Orlando, Fla. Dominium will be investing about $16,000 per unit in renovations to improve common spaces as well as individual units.
Economy Watch: Housing Starts Edge Up in August
The Census Bureau reported that U.S. private housing starts were at an annualized rate of 891,000 units in August.
TODAY’S DEALS: StoneBridge Investments Buys Luxury Atlanta Apartment
StoneBridge Investments buys 252 units in Atlanta; NorthMarq arranges $13.6 million for an affordable asset; and Centerline provides a $6.7 million bridge loan to refinance and build-out a 24-unit property.
Greystone Secures $117M for Affordable Rehab
WWJ has acquired a portfolio of 44 affordable housing properties in the state of Georgia. The deal was overseen by Greystone, working with National and State USDA Rural Development, the Athens Housing Authority, Georgia Department of Community Affairs and Fannie Mae to secure the funds necessary to acquire and rehabilitate the portfolio.
Sustainable Mixed-Use Building Nearly Complete in Brooklyn’s Brighton Beach Neighborhood
Construction is nearly complete on Bright ‘n Green’s fully-sustainable, six-unit, mixed use community in Brooklyn’s Brighton Beach neighborhood.
Bozzuto and MGL Partners to Develop $75M D.C.-Area Community
Financing has closed and ground been broken on The Frasier, a $75 million apartment project right across the Potomac from Washington, D.C., in Alexandria, Va.
MBA Unveils New Brand Identity
The Mortgage Bankers Association (MBA) revealed a new brand identity, including a new logo, corporate messaging and web and email domains.
11th American Business Awards Recognizes Auction.com’s Online Consumer Real Estate Platform
Auction.com has been recognized a second time this year by The 11th Annual American Business Awards, known as the Stevie Awards.
Economy Watch: Inflation Barely a Whisper
The Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers edged up by 0.1 percent in August compared with July.