Regions
Ribbon Cut on Perkins Eastman-Designed Maplewood at Stony Hill
Maplewood at Stony Hill, a three-story, 84-unit memory care and assisted living facility in Bethel, Conn., recently had its grand opening.
Economy Watch: November Job Gains Wide Across Industries
The November jobs report released by the Bureau of Labor Statistics, widely acknowledged as a very strong one, detailed increasing in hiring across various sectors of the economy.
Indianapolis Seniors Apartments Receive $2.3M Grant From HUD
HUD has awarded the AHEPA 232 Apartments in Indianapolis a $2.38 million grant under its Assisted Living Conversion Program. The funding will be used to covert 24 of AHEPA 232’s 74 units into service-enriched seniors housing.
TODAY’S DEALS: CBRE/NE Brokers 56-Unit Sale in Massachusetts
CBRE/New England brokers a 56-unit sale in Tewksbury, Mass.; Marcus & Millichap arranges a 228-unit portfolio sale in North Texas; and NorthMarq Capital finalizes $26 million in acquisition financing.
Madison Realty Capital, USAA Real Estate Announce Development Plans
Madison Realty Capital has announced plans to construct a 170,918-square-foot 80/20 mixed-rate multifamily community in the Clinton Hill neighborhood in partnership with USAA Real Estate Company.
Fujisawa Sustainable Smart Town Opens Near Tokyo
The Fujisawa SST Council recently held a grand opening ceremony for Fujisawa Sustainable Smart Town, an eco-friendly and progressive community located on the outskirts of Tokyo. FSST Council, the developer of the project is a consortium led by Panasonic Corporation.
Brookfield Multiplex to Redevelop Australia’s Largest Hotel
M&L Hospitality has selected Brookfield Multiplex to expand and renovate the Four Points by Sheraton Sydney, Darling Harbour (Four Points) at 161 Sussex Street Sydney, which is already Australia’s largest lodging facility.
Madison Acquires 50 Percent Stake in Houndsditch Estate, Creates New JV with TIAA Henderson
The Houndsditch Estate’s ownership scheme was recently modified as New York-based investment company Madison International Realty acquired a stake in the property.
Instrata Lifestyle Residence Renters Gain Ultimate Travel Perk
Home may be where the heart is. But residents at Instrata Lifestyle Residences in New York City and greater Washington, D.C., benefit to their hearts’ content by getting away and enjoying the ultimate travel perk.
Economy Watch: Employment Surges by 321K Jobs in November
The U.S. economy created 321,000 jobs in November, according to the Bureau of Labor Statistics, which is well above the average monthly gain for the past 12 months of 224,000.