Regions
Ascott Expands in Europe and Asia with New Facilities, Announces Future Dubai Facility
The Ascott Limited has announced that it is expanding the network of its serviced residences by adding new facilities in Hangzhou, Hamburg and Jakarta.
Boston Capital Invests in Two Affordable Housing Properties
Boston Capital reports that it has invested in the rehabilitation of two affordable multifamily properties in the eastern United States.
ZOM and AIG to Develop Orlando Luxury Lakefront Community
Land has been purchased in Baldwin Park, Orlando’s prestigious master planned community, for the development of a luxury lakefront community called Baldwin Harbor.
Economy Watch: Homebuilders Still Optimistic, But Less So
After four consecutive monthly gains, builder confidence in the market for newly built single-family homes fell five points to 54 on the National Association of Home Builders/Wells Fargo Housing Market Index.
Hillwood Announces Major International Expansions in Canada and Europe
Hillwood, a Dallas-based Perot property company, is entering the Canadian real estate market with plans to build the largest speculative industrial development in Alberta.
Tallest Residential Building in Western Hemisphere Tops Out in Manhattan
CIM Group and Macklowe Properties have announced the topping out of the building located at 432 Park Avenue in Manhattan, between 57th and 56th streets.
Super Tower in Bangkok to be the Tallest Skyscraper in Southeast Asia
The city of Bangkok is set to become the home of Grand Canal Land’s 125-story Super Tower, the tallest skyscraper in Southeast Asia.
Pennrose Properties and C.A. Harrison Companies Open $54M MF Development in NC
Pennrose Properties has partnered with C.A. Harrison Companies on the opening of Plant 64 Apartment Homes, a $54 million apartment community located in the heart of downtown Winston-Salem, N.C.
Economy Watch: Consumers Rein in Spending in September
The Census Bureau reported that U.S. retail sales came in at $442.7 billion in September, a drop of 0.3 percent compared with August.
Joseph Aliotta Joins Perkins Eastman as Principal
International design and architecture firm Perkins Eastman announced Joseph J. Aliotta AIA, LEED AP as a principal in the firm’s New York office.