Regions
Jefferson Apartment Group to Develop Luxury Community Near Johns Hopkins
Jefferson Apartment Group recently broke ground on a residential community in East Baltimore near Johns Hopkins Medical Center.
TODAY’S DEALS: Beech Street Closes $70M for N.J. High-Rise
Beech Street Capital refinances a high-rise; Campus Apartments begins the second phase of a student housing overhaul at Shippensburg University; and Waypoint Residential acquires a suburban Atlanta community and expands its portfolio in South Carolina.
Ground Broken on Suburban Atlanta’s Avalon
Official groundbreaking has taken place on Avalon, an ambitious Alpharetta, Ga., development that combines residential, office, hotel, specialty retail, entertainment, restaurant and public spaces in one $600 million project.
Economy Watch: Job Creation Starts 2013 Lackluster
The U.S. economy created 157,000 jobs in January, according to the Bureau of Labor Statistics. That’s down compared with most months in 2012, which averaged about 181,000 jobs created per month, so 2013 is off to a tepid start.
La Jolla Townhouse Project Complete
Construction is complete on Paseo La Jolla, a 24-unit townhome property in La Jolla. The property also just opened a new two-bedroom model home and a sales center.
The Altman Companies to Develop 321-Unit Fla. Community
The Altman Companies, a Boca Raton, Fla.-based developer, announced that it has closed on 24.6 acres in Kendall, Fla.
TODAY’S DEALS: LYND Residential Acquires 438-Unit Asset in Houston
LYND residential makes a value-add buy in Houston; Federal Capital Partners provides $10 million in mezzanine debt for a Virginia development; and NorthMarq Capital arranges a $38 million loan from a life insurance company.
Brookfield Multiplex Completes $54M Green Student Housing Community in Sydney
Brookfield Multiplex, an international contracting and development company has announced completing University Terraces, a $54 million green student housing project at the University of New South Wales in Sidney.
Global Hospitality Icon Announces Record-Breaking Growth for the Sheraton Brand
Starwood Hotels & Resorts Worldwide, Inc. has announced plans for the opening of 30 new Sheraton properties across the world over the next 12 months.
Ellis-Trick Multifamily Receives $19.6M Financing for Student Housing Community
Ellis-Trick Multifamily has received $19.6 million in financing for The Bluff at Waterworks Landing, a recently constructed, off-campus student housing community serving the University of Alabama.