Regions
Economy Watch: Foreclosure Rates Fall in Most States
RealtyTrac reported on Thursday in its U.S. Foreclosure Market Report for September that 180,427 U.S. residential properties suffered foreclosure filings during the month, a decrease of 7 percent from the previous month and down 16 percent from September 2011.
TODAY’S DEALS: Howard Hughes Corp. Unveils Master Planned Community
The Howard Hughes Corp. announces a plan to revitalize a Hawaiian asset; Ginkgo Residential is appointed the receiver of a distressed property in Maryland; and Centerline Capital Group provides $5.2 million in Fannie Mae acquisition financing.
Campus Acquisitions Gearing Up for Tucson Development
Campus Acquisitions has hired Beal-Derkenne Construction to build Park Avenue, a student housing project bordering the University of Arizona-Tucson.
3.2 Million Square Foot Development Stimulates Seoul’s Hapjeong Neighborhood
Mecenatpolis, a high-concept, transport-oriented mixed-use development has opened its many doors in downtown Seoul according to recent reports regarding the announcement made by the project’s designers.
WinnDevelopment Completes $19M Redevelopment for Seniors Housing Community
WinnDevelopment has announced the opening of Fitchburg Place, an affordable seniors housing community in Fitchburg, Mass. The company recently completed a $19 million redevelopment on the community.
White City in Tel Aviv Welcomes Landmark Residential High-Rise
In the heart of the White City of Tel Aviv, a 37-story ultra-luxury residential tower is rising above the city skyline.
MARKET SNAPSHOT: Employment Boom Continues Across D/FW Metroplex, Leading to Tight Apartment Conditions and Renewed Construction
The Dallas-Fort Worth metro area saw job gains of nearly three percent this year, which is far above the national average of 1.7 percent.
Sunrise Senior Living Communities Earn EPA’s ENERGY STAR Certification
The U.S. Environmental Protection Agency has awarded 30 Sunrise Senior Living communities with its ENERGY STAR certification, which signifies that these buildings perform in the top 25 percent of similar buildings nationwide for energy efficiency and meet strict performance levels set by the EPA.
Economy Watch: Beige Book Reports Residential Market Positives
The latest “Summary of Commentary on Current Economic Conditions by Federal Reserve District,” more conveniently known as the Beige Book, was released on Wednesday and said that U.S. economic activity “expanded modestly since the last report.”
TODAY’S DEALS: Ivanhoé Cambridge Invests $234M in Silicon Valley
Ivanhoé Cambridge makes two big plays in the Silicon Valley; an Inland joint venture buys a mixed-use property in White Plains for $166.4 million; and Berkadia originates $38 million in refinancing for southern Florida properties.