Regions

Brookfield’s Canadian REIT Acquires Bay Adelaide Centre East in Downtown Toronto

Brookfield Canada Office Properties has announced the acquisition of the Bay Adelaide Centre East office tower in downtown Toronto from its parent company, Brookfield Office Properties Inc.

Tilal Development Company Announces $130M Expansion of Muscat Grand Mall

Tilal Development Company, the Sultanate’s leading real estate company, recently announced plans for a massive expansion of Muscat Grand Mall.

Basheer & Edgemoore Develops Innovative Townhouses in Va.

Basheer & Edgemoore have opened Potomac Crest, a collection of 76 new townhome-style condominiums with three finished levels in Woodbridge, Va.

TODAY’S DEALS: Cortland Partners Buys 1,037 Units in Texas and Florida

Cortland Properties completes three acquisitions totaling $130.3 million; SBV buys a 109-unit asset in Greensboro; and Cohen Financial secures more than $31 million for three multifamily properties.

Grandbridge Real Estate Capital Announces COO’s Retirement Plans

Grandbridge Real Estate Capital today announced the upcoming retirement of the company’s President and Chief Operating Officer David A. Roberts. The announcement was made by Chairman and CEO Thomas S. Dennard

Economy Watch: Downswing in Apartment Construction

The Census Bureau reported that housing starts came in at an annualized rate of 836,000 in June, or 9.9 percent below the May total of 928,000.

Zillow Launches ‘Featured Properties’ for Multifamily Professionals; Celebrates New Service with Airfare Give Away

Featuring your multifamily property provides you with exposure across all of the Zillow Rental Network’s online renter destinations.

Jamestown Picks Greystar to Manage Savannah Student Housing

Jamestown has awarded Greystar Student Living the management of One West Victory Apartments, a new student housing development under way in Savannah, Ga.

Crescent Communities Launches Development on $40M N.C. Community

Crescent Communities has launched development on a $40 million developed called Crescent Main Street in Durham, N.C. The community is located in Durham’s Ninth Street district, with close access to Duke University Medical Campus.

Arbor Appoints Jack Boudler as Vice President, Seniors Housing & Healthcare Origination

Arbor Commercial Mortgage LLC announced the appointment of Jack Boudler as vice president, seniors housing and healthcare origination.