Regions
TODAY’S DEALS: Hendricks & Partners Brokers $11.64M Sale of Apartment Community
Hendricks & Partners sells Sierra Ridge; AREA recapitalizes College Park; and Grandbridge closes a $13.6M multifamily deal.
Manhattan Condo, Co-op Prices Edge Upward in 4Q
New York–For the sixth quarter in a row, average for-sale residential prices in Manhattan are up, although the increases were relatively small.
TODAY’S DEALS: Essex Realty Group Brokers Sale of Multiple Apartment Buildings in Chicago
Chicago–Essex Realty Group Inc. announced the sale of multiple apartment buildings on the South Side of Chicago.
The Crossing Achieves LEED Gold Status in Orange County
Anaheim, Calif.–SARES-REGIS Group’s transit-oriented The Crossing has officially achieved LEED Gold certification.
DEAL OF THE DAY: NorthMarq Supplies $16.84M Mortgage for Apartment Property
Omaha, Neb.–NorthMarq Capital has arranged first mortgage financing in the amount of $16,840,200 for Tranquility Pointe Apartments.
Economy Watch: Unemployment Claims Drop as Year Comes to Close
U.S. workers filing applications for unemployment dropped the week ending Christmas Day; 2010 saw 157 banks fail; and the NAR Pending Home Sales Index rose.
DEAL OF THE DAY: Chozick Brokers Sale of Condo-Quality Apartments for $1.175M
Hartford, Conn.–Ryan Perkoski of Chozick Realty, Inc. arranged the sale of 51 Imlay Street, a courtyard-style apartment complex.
Fashion-Branded Manhattan Condo Property Reaches 90 Percent-Sold Mark
New York–Condominium buyers have found a unique building at 20 Pine The Collection, the very first fashion-branded luxury residential property in the United States.
FHLB Awards $10M in Funding for New England Affordable Housing Initiatives
Boston–The Federal Home Loan Bank of Boston has unveiled a variety of funding initiatives to promote affordable housing in Connecticut and Rhode Island.
Hoboken Brownstone Donates Riverfront Park to City of Hoboken
Hoboken, N.J.–Hoboken Brownstone Company’s socially conscious endeavors along New Jersey’s Hudson River Gold Coast continue with its recent gifting of the 13.5-acre Maxwell Park in Hoboken.