Regions
MARKET SNAPSHOT: St. Louis Sees Modest Improvement in Jobs and Leasing; Single-Family Picks Up Steam
After a three-year rut in employment growth, St. Louis saw the addition of 9,000 local jobs in 2011–with 14,000 more expected in 2012.
Crescent Resources Plans $37 Million Apartment Development in Tampa
Crescent Resources, in partnership with Global Growth Trust, acquired 25 acres in Tampa, Fla., and is set to build a $37 million apartment community called Circle Crosstown.
N.C. Affordable Seniors Housing Gets $3.75M Construction Loan
Ardsley Commons, an affordable apartment development for seniors in Locust, N.C., has obtained a $3.75 million construction loan.
Carroll Organization and Praedium Group Acquire Multifamily Property in Houston
Carroll Organization, a multifamily real estate firm focusing on ownership and operations, and Praedium Group, a real estate investment firm, have acquired a 302-unit apartment community in Houston.
Foundry Lofts Blazes Trail on D.C. Riverfront
Foundry Lofts, the first apartment building to debut along the water in Washington, D.C.’s Capitol Riverfront area, is 80 percent leased in just eight months.
New $165 Million Residential Development Announced at Buckley Annex
By Gabriel Circiog, Associate Editor The Department of Defense will transfer the last remaining parcel of land from the site of the former Lowry Air Force Base to the Lowry Redevelopment Authority. Construction work on a $165 million residential development at the Buckley Annex is expected to start this fall, The Denver Post reports. The […]
Yardi Acquires the PopCard
Yardi recently announced its acquisition of Lead Tracking Solutions (LTS), creator of the PopCard™, a patented and complete lead tracking and lead management software solution.
TODAY'S DEALS: Behringer Harvard Sells 253-Unit Community in Atlanta
Behringer Harvard sells a 253-unit mid-rise loft property; HFF lands a high-rise marketing gig; and Northmarq Capital arranges an acquisition financing of $38.6 million.
Collaborative Effort for New Colorado Transit-Oriented Development
Wood Partners, East West Partners and USAA Real Estate Company have teamed up to build a new apartment community in the Union Station/Riverfront Park redevelopment in Denver.
WNC & Associates Opens Affordable Housing Unit in Claremont
Courier Place Apartment Homes, a 75-unit affordable housing complex for seniors and families, opened in Claremont, Calif., thanks to a partnership between WNC & Associates Inc. and Jamboree Housing Corporation.