Regions
Economy Watch: State Jobless Rates Stay Stable
Jobless rates bumped up in August for only six states, which is reasonably good news for most state economies and real estate markets.
Philadelphia Portfolio Commands Aggressive Cap Rate
AMC Delancey Group’s acquisition is a rare deal for Center City.
Strategic Properties Wins Fannie Mae Loan For Chicagoland Buy
An affiliate of the investment management firm acquired a 342-unit property in suburban Wheaton, Ill.
Morgan Properties Reaches for a $316M ‘Star’
Berkadia negotiated the sale of the portfolio, which comprises more than 2,800 units in four states.
Philadelphia Portfolio Sells at Aggressive Cap Rate
The properties are located in the Rittenhouse Square, Fitler Square and Washington Square West neighborhoods of Center City.
CMK Cos., Lendlease to Create Riverfront Community in Chicago
The joint venture’s Riverline master-planned community will add more than 3,600 residences to the South Loop neighborhood.
MRP Realty, Kruger Reshape Historic Corridor in Washington DC
The 112-unit apartment building on the H Street corridor is set to open in 2018.
Clearwater Senior Living, Berkshire Form Partnership
Initial equity commitment of the joint venture is expected to generate more than $500 million in gross asset value.
Eastern Consolidated Leads $41M Sale of Queens Community
The 167-unit community is fully occupied and located near major retailers like Apple and Macy’s.