Regions
Economy Watch: Construction Spending Edges Up in October
Spending on private construction came in at an annualized rate of $592.1 billion, 1.6 percent above September’s total of $582.7 billion.
Post Brothers Incorporates VITA Technology to Enhance Worker Safety
In a move that sets it apart from other real estate and construction companies, Post Brothers Apartments recently announced it will implement the VITA Products Inc. Emergency Response Profile (ERP) Safety Platform for its workforce.
Greystar to Manage New Charleston Student Housing
Davis Property Group has tasked Greystar Student Living to manage 400 Meeting Street Apartments, a student housing property in the Old and Historic District of Charleston.
TODAY’S DEALS: Waterton Associates Lands an Atlanta Asset
Waterton completes its seventh buy of 2012; SL Green enters the Brooklyn residential market; and Essex Realty Group brokers sale of a residential condominium building.
The Community Development Trust and Southport Financial Services Acquire Affordable Seniors Community
The Community Development Trust and Southport Financial Services have announced a joint venture to purchase an affordable seniors community called Steinbeck Commons in Salinas, Calif.
HFF Secures Joint Venture Equity for Austin Apartment Community
Hanover South Lamar, a 340-unit multifamily community planned for the booming South Lamar enclave of Austin, Texas, will benefit from joint venture equity arranged by HFF.
Economy Watch: Sandy Put Dent in Incomes, Spending
U.S. personal income, which had been edging upward in recent months, stayed essentially flat in October, according to the Bureau of Economic Analysis.
First Phase of Suburban Boston Apartments Open
The first phase of Alta Brigham Square in Arlington, an inner suburb of Boston, has opened.
TODAY’S DEALS: Jones Lang LaSalle Closes $58.75M Sale of Nashville Property
Jones Lang LaSalle’s Capital Markets experts completed the sale of Eleven North, a rare Class A, institutionally owned apartment community; and HFF arranges the sale of, and financing for, a 1,447-unit Camden portfolio.
Real Estate Predictions for 2013 from Industry Experts
With 2012 coming to a close, experts are predicting how the real estate industry will fare in 2013.