Regions
Largest SoCal Multifamily Acquisition Since 2013 Complete
Boston-based Intercontinental Real Estate Corporation and San Diego-based MG Properties Group have announced their acquisition of a 768-unit apartment community in Anaheim, the Madison Park Apartments.
Economy Watch: Middling Employment Numbers Might Keep Interest Rates Low Longer
The March employment numbers surprised on the downside, but oddly enough that could be a positive for the commercial real estate industry for a while.
TODAY’S DEALS: JRK Finds Value in Rhode Island
CBRE/New England brokers a 243-unit Rhode Island sale; Beachwold grabs a Connecticut community from TGM Associates; and an apartment property in San Mateo, Calif. sells for $386,154 per unit.
660-Bed South Carolina Student Housing Community Breaks Ground
Peak Campus Development has started construction on a 218-unit, 660-bed student housing property in Columbia, S.C.
Dolben Company Announces Director of Development
The Dolben Company Inc., a full-service Boston-based real estate company announced that John O’Connor has been promoted to the role of director of development – New England.
Oakwood Worldwide Acquires Luxurious Redwood City Apartments for Global Portfolio
Oakwood Worldwide added a 141-unit apartment community in Redwood City, Calif., to its global portfolio through its $4 billion partnership with Singapore-based Mapletree Group.
Economy Watch: Employment Growth Hits a Bump
The economy wheezed a little in March, not producing as many jobs as expected, and fewer than at any time in the last six months or so.
VIP Packages to Attract ‘Sophisticated’ Buyers
Scottsdale’s Entertainment District is getting its first and only luxury condominium tower.
PB Bell Starts Work on Phoenix-Area Apartments
Multifamily specialist P.B. Bell Cos., has begun construction on Velaire at Aspera, an apartment property within the Aspera mixed-use development in Glendale, Ariz., a suburb of Phoenix.
Sunrise Names New VP of Marketing
San Diego-based Sunrise Management has promoted Melissa Deen to the position of vice president of marketing.