Regions
Goldstar Closes on Fractured Condo Deal in Virginia
The Goldstar Group has acquired 265 rental condo flats and townhomes at Barracks West in Charlottesville, Va., for $13.3 million in an off-market sale.
University of Louisiana Lafayette Completes $100M Housing Renovation
Ambling University Development Group recently completed a two-year, $100 million housing initiative for the University of Louisiana Lafayette.
TODAY’S DEALS: HFF Arranges $47M Financing for 77 West Huron in Chicago
HFF arranges $47 million in financing for 77 West Huron in Chicago; and Alliant Capital provides a $2.23 million loan.
Aragon Holdings Purchases Sixth San Antonio Property
Carmel at Deerfield, a 228-unit Class-B multifamily rental property in San Antonio, has been purchased by Aragon Holdings.
Economy Watch: Employment Gains Ground in September
The Bureau of Labor Statistics reported in its household survey that the number of people who count as employed increased by 873,000 in September, the largest such monthly increase in almost 30 years.
Stirling Properties Buys Baton Rouge Student Housing
Stirling Properties Inc. has acquired Tiger Manor, a 287-unit student housing property near Louisiana State University in Baton Rouge, La.
TODAY’S DEALS: Archstone Buys 70-Unit Asset in Venice, Calif.
Archstone completes a California purchase; Behringer Harvard and Trammell Crow announce a Houston development; and NorthMarq Capital arranges $31.3 million in Freddie Mac refinances for two properties.
Marriott Extended Stay Property Opens Next Door of the Forbidden City in Beijing
Marriott International announced the opening of The Imperial Mansion, Beijing – Marriott Executive Apartments, its fifth extended stay property in China.
Chestnut Hill Realty Adds Amenities, New Units at Norwood Gardens
A newly completed Resident Activity Center including an Internet café and fitness facility has come to Norwood Gardens, a 344-unit apartment community in Norwood, Mass.
Economy Watch: Employment Continues Tepid Growth
The U.S. economy created 114,000 jobs in September, according to Bureau of Labor Statistics on Friday.