Regions
Research Triangle Apartments Lease
Grace Park, a new mixed-use development in Morrisville, N.C., reports that nearly all of its 128 rental apartments—about 98 percent of them—have been leased, as well as about 90 percent of its retail space.
CIM Group Sells Historic Hollywood Boulevard Apartments
SEVENTY46, a 1920s-era, neo-Gothic style, Hollywood Blvd. apartment building, has been sold to Kambiz Hakim, a private real estate investor and developer, and his sons Alexander and Steven.
Economy Watch: Apartment Market Still Robust
The National Multi-Housing Council reported in its April Quarterly Survey of Apartment Market Conditions that the U.S. apartment market is in dandy shape across the board.
TODAY’S DEALS: Pure Multi-Family REIT Announces $45.4M Buy
A Canadian REIT buys a Texas asset; and a joint venture comprised of ScanlanKemperBard and an investment fund advised by Wayzata acquire a mixed-use asset in Phoenix.
Hines-Developed Industrial Facility in Sao Pãulo Receives LEED Silver Pre-Certification, First of its Kind in Brazil
Brazil’s growing economic climate, spurred on by major upcoming events such as the 2014 FIFA World Cup and the 2016 Olympic Games hosted by Rio de Janeiro, is providing an exciting investment climate for big real estate players.
Cairo Festival City Mall Wins Best Built & Future Retail Project in The Middle East in 2013
At the Real Estate in The Middle East 2013 Award Ceremony held on March 29, Cityscape Awards announced Cairo Festival City Mall as the winner of the Best Built & Future Retail Project.
Corvias Group Begins Fort Bragg Housing Expansion
Corvias Military Living has broken ground on Phase II of Randolph Pointe, a military housing development.
Leading Furnished Apartments Rebrands as V-Suites
Leading Furnished Apartments, an industry leader in furnished apartment rentals and the furnished housing division of Village Green, has formally changed its name to V-Suites. The company also announced the launch of a new website.
CBRE San Diego Arranges Sale of $29 Million Community
The San Diego team at CBRE, a commercial real estate services and investment firm, has arranged the sale of a 60-unit multifamily community in La Jolla, Calif.
TODAY’S DEALS: Walker & Dunlop Provides $71.3M for SoCal Apartments
Walker & Dunlop provides MG Properties with two loans; Centerline Capital refinances a 131-unit Manhattan asset; and HFF closes a $29 million sale of a development site on Biscayne Bay in Miami.