Regions
Waterton Acquires Orlando Apartments
Waterton Associates has acquired Promenade Crossing, a 212-unit garden-style apartment community about three miles northeast of downtown Orlando.
New Partnership Investing $20M in Affordable Housing in California
The Community Development Trust, a national private real estate investment trust, has announced a partnership with TIAA-CREF, a national financial services organization, to invest in affordable housing in California.
The Appeal of a Close Purpose-Built Student Housing Community
Campus Advantage and Pinecrest Partners have joined together to develop The Knox, a 101-unit, 382-bed community that will serve students attending the University of Tennessee, Knoxville.
Economy Watch: Real Estate Markets Benefit from Boost in Engineering Jobs
The missing piece of the puzzle for full economy recovery is still higher wages across most sectors of the economy.
Vitus Group Finishes Affordable Housing Rehab in San Diego
Vitus Group has completed its renovation of the 448-unit Meadowbrook Apartments in San Diego’s Skyline neighborhood.
TODAY’S DEALS: Greystar Adds Boston Area Asset to Portfolio
CBRE/New England brokers a sale outside Boston; NGKF provides AION Partners with Florida financing; and a joint venture between Bascom and Oaktree buys an apartment community in Nevada.
Lend Lease Enters $2.2B JV for Malaysia’s New Financial District
Lend Lease has partnered with Malaysian Government-owned real estate developer 1MDB RE for the construction of the “Lifestyle Quarter,” the initial phase of the Tun Razak Exchange global hub for international finance and business taking shape in Kuala Lumpur.
Luxury in Hawaii
The second tower of the Ritz-Carlton Residences, Waikiki Beach has broken ground.
Madison Providence Apartment Community Opens Doors to First Residents
Madison Apartment Group, the multifamily operating arm of Equus Capital Partners, welcomed its first residents to its new community last week.
Economy Watch: Lackluster GDP, But Real Estate Growth Better
The third and final estimate for fourth quarter US GDP came in at an annualized rate of 2.2 percent, according to the Bureau of Labor Statistics.