Regions
Grandbridge Closes on $6.2M Loan for Arkansas LEED Platinum Student Community
Grandbridge Real Estate Capital recently closed on a $6.2 million first mortgage loan for a student housing community near the University of Arkansas.
Austin Student Housing Trades for $46.7M
Crescent Resources has sold Circle West Campus for $46.77 million to an undisclosed buyer.
$300 Million Grand Hyatt Hotel and Residences Announced in Manila, Philippines
Property developer Federal Land Inc. recently announced it has entered into a joint venture with Japan-based financial services group Orix Corp. to develop a $300 million mixed-use facility in Bonifacio Global City, Manila, Philippines.
Artists Lofts Opens in St. Louis
Metropolitan Artist Lofts, a redevelopment of a vintage 1908 property in St. Louis, has opened for occupancy.
Four Points by Sheraton Berlin Airport to Open in 2014
Starwood Hotels & Resorts Worldwide Inc. has announced plans to introduce Four Points by Sheraton Berlin Airport in Germany’s capital city.
BC Invests in 120-Unit Community
Thanks to tax credit equity from the Low Income Housing Tax Credit program, Boston Capital has invested in the Bradford Mews Apartments, a 120-unit development for families in Smithfield, Va.
Economy Watch: Bankruptcy Cases Drop in 2012
Bankruptcy cases filed in federal courts for fiscal year 2012, which is the 12-month period ending September 30, 2012, totaled 1,261,140, down 14 percent from the 1,467,221 bankruptcy cases filed in FY 2011, according to the Administrative Office of the U.S. Courts.
Wood Partners Plans Apartments in Suburban Denver
Wood Partners, one of the nation’s larger multifamily developers, has unveiled plans for Alta Harvest Station Apartments in Broomfield, a major suburb of Denver.
TODAY’S DEALS: Koontz McCombs Sells an Austin Asset
A 344-unit asset trades in Austin; Archstone buys a community in Los Angeles for $56 million; and Chozick Realty brokers student apartments for $16.1 million.
HFF Lists Chicago Multifamily Mid-Rise Community
HFF, on behalf of Malkin Properties of Illinois Inc., has announced that it will market the sale of Glen Oaks Commons, a 504-unit, mid-rise apartment community in Chicago’s northwest suburbs.