Regions
Freddie Mac Exec to Join Beech Street
Bethesda, Md.–Beech Street Capital has appointed Michael Edelman as senior vice president of production management.
TODAY’S DEALS: PCCP Provides $22M Loan for Acquisition of Busted Condos in Nashville
PCCP provides senior loan for the acquisition of a busted condo development; HSI closes financing on a Wisconsin community; and Bay Apartment Advisors brokers the sale of a 22-unit property in Oakland, Calif.
Hotels and Residences Portion of $2.5B L.A. Live Complex Earns LEED Silver Certification
Los Angeles–The Hotels and Residences at L.A. Live, the 4 million square-foot luxury complex in Los Angeles, has achieved LEED Silver certification.
Colliers Recruits Maling Brothers to L.A. Office
Los Angeles–Colliers International has recruited top senior brokers, Christopher Maling and David Maling, a.k.a. The Maling Brothers, to its downtown Los Angeles office.
New Bio-Diverse Tower Designed for Eco-City in China
As part of the Tianjin Eco-City in China, which aims to develop a socially harmonious, environmentally friendly city, a 200 meter-tall mixed-use commercial building has been designed with a bamboo forest in mind.
Nonprofits Create Multifamily Energy Efficiency Program in Chicago
Chicago–The Energy Savers program in Chicago helps multifamily owners make energy-efficiency improvements to their properties and aims to create building jobs.
Converted Loft Property in Pittsburgh Wins Adaptive Reuse Award
Pittsburgh–McCaffery Interests Inc. transformed a turn-of-the-century warehouse complex into a thriving residential property with 297 loft apartments, while maintaining the original facility’s historic features.
Pierce Education Expands Its Student Housing Portfolio
Tempe, Ariz.–With its cutting-edge amenities, Block 1949, an off-campus community serving Arizona State University, is the student housing destination of tomorrow.
MARKET SNAPSHOT: Albuquerque, N.M. Market Remains Slow but Steady
Albuquerque, N.M.–Despite increasing unemployment, the Albuquerque apartment market has not suffered much.
Phoenix, Orbach Form JV to Own Midtown Manhattan MF
New York–Phoenix Realty Group and the Orbach Group have formed a partnership that has acquired an interest in a 13-building residential portfolio on West 49th Street in Manhattan.