Regions

NYC’s BlueWay Plan will Fortify East River Waterfront

New York City is planning to build a new storm barrier along the East River as part of a complete revamping of a four-mile long waterfront featuring wetlands, pedestrian bridges, mini parks, a continuous bike/walk path and even a sandy beach.

Economy Watch: Housing Starts Drop in January

The Census Bureau reported on Wednesday that housing starts took a dip in January.

Work Under Way on Columbia Apartment Community

A partnership between the Howard Hughes Corp., Kettler and Orchard Development Corp. has broken ground on the Metropolitan Downtown Columbia, the first development to proceed under the 2010 Downtown Columbia Plan for Columbia, Md.

Pennrose Announces Lee Reedy as Vice President of Marketing

Pennrose, a real estate development and management company focused on multifamily communities, is announced that Lee Reedy has been named vice president of marketing.

Beech Street Once Again Captures Top-Producing Multifamily Lender Spots for Fannie Mae and Freddie Mac

For the second year running, Beech Street Capital LLC, placed third on Fannie Mae’s annual list of top multifamily loan originators.

Joint Venture Invests in California Seniors Community

The Community Development Trust has recently partnered with Thomas Safran Associates to invest in a 200-unit seniors community in Santa Ana, Calif.

TODAY’S DEALS: GID Announces Phase II of Dallas Mixed-Use Development

GID Development reveals more details on its Dallas project; The Alexander Anderson Real Estate Group arranges $9.5 million for a 40-unit asset in Union City, N.J.; and Eastern Union’s $25 million in financings yield interest rates of 3.25 and 3.5 percent.

The Bozzuto Group Celebrates 25th Anniversary With Several Key Promotions and a Leadership Transition

The Bozzuto Group announced several changes to its executive team as the company begins to celebrate its 25th Anniversary. The announcements were made today by The Bozzuto Group Chairman and CEO Thomas S. Bozzuto.

Related Companies Names Matthew Finkle President of Related Affordable

Related Companies announced that Matthew Finkle has been named president of Related Affordable.

Construction of West Knox County Apartments Under Way

Work has started on Wellsley Park at Deane Hill Apartments. The development is a partnership between the Sterling Group and Braxton Development.