Regions
EDR Appoints New Chief Operating Officer
EDR announced that Dan Gottlieb has joined EDR as chief operating officer. In his role at EDR, Dan will be involved in the strategic growth and expansion of the business.
TODAY’S DEALS: Berkadia Brokers $55.5M Sale of Property
Berkadia brokers the $55.5 million sale; BMC Capital provides a $2.512 million loan for a property in Austin, Texas.
The Altman Cos. Completes Garden-Style Apartments
The Altman Cos. is on the verge of completing its garden-style apartment property, Altís at Highland Park.
Starwood Expands Footprint in Vietnam with Signing of Sheraton Danang Resort
Starwood Hotels & Resorts Worldwide is expanding its presence in Vietnam with the signing of the Sheraton Danang Resort, a new beachfront property located in Danang, the country’s third largest city.
Historic Palace in Lisbon to Be Redeveloped into Luxury Serviced Apartments
A $22 million investment in the restoration and transformation of the 500-year-old Palácio dos Condes de Lumiares is set to transform the property into a luxury apartment community.
The Walbrook Building Sold to Taiwan-Based Life Insurance Company
A high-quality office headquarters building in central London changed hands, as announced by Minerva Ltd.
Modern Spaces Named Leasing Agent for Astoria’s Newest Development
Tsilo Group has a new residential project coming to Astoria, Queens, and has chosen leading brokerage firm Modern Spaces as the exclusive leasing and marketing agent.
Economy Watch: Retail Sales Growth Slows to a Halt
Retail sales growth took a pause in April, according to the Census Bureau.
Huffines Expands TOD in Greater Dallas-Fort Worth
Huffines Communities has started work on the next phase of its transit-oriented development, Hebron 121 Station in Lewisville, a suburb of Dallas-Fort Worth. Preleasing for the phase will begin in late 2015 with occupancy in early ’16. It will include 242 new residences.