Regions
Nancy Ruddy Named to Board of Newman Real Estate Institute
Nancy J. Ruddy, cofounder and managing principal of the award-winning global architecture and design firm CetraRuddy, has been named to the board of the Steven L. Newman Real Estate Institute in New York.
Goodman Group Operations in Japan Are Thriving as Company’s Local Developments Are On-Schedule
Goodman’s undertakings in the Japanese market are all reportedly on track according to plan. The company has already completed a project this month, with two other developments set to come online very soon.
KSK Land and Kempinski to Manage 8 Conlay Mixed-Use Development in Kuala Lumpur
Kempinski Hotels, Europe’s oldest luxury hotel group, and KSK Land Sdn Bhd, a subsidiary of KSK Group Berhad recently announced the signing of a management agreement for the upscale 8 Conlay mixed-use development in Kuala Lumpur, Malaysia.
Starpoint Acquires West Covina MF for $51.7M
StarPoint Properties has acquired Lafayette Parc Apartments, a 236,000-square-foot property comprised of 259 units in West Covina, Calif., for $51.75 million.
On-Site Launches Enhanced Online Renewals
Online leasing software provider On-Site.com announced their enhanced Online Renewals.
EdR Announces Officer Transitions
EdR, one of the nation’s largest developers, owners and managers of high-quality collegiate housing communities, today announced that Paul O. Bower will retire as chairman of the company’s board of directors on December 31, 2014.
30 Lines Releases Top Line Sites Plugin for WordPress
Top Line Sites, a WordPress plugin, was developed by the apartment-marketing agency 30 Lines, based in Columbus, Ohio.
Economy Watch: Housing Starts Edge Down in October
Private U.S. housing starts in October came in an annualized rate of 1.009 million units, according to the Census Bureau.
Oyster, Tricon Bag $143M Construction Loan for SF Condo Development
Oyster Development and Tricon Capital have obtained a $143.5 million construction loan on their condo project, Rockwell, which is at 1634-1690 Pine St. in San Francisco.
TODAY’S DEALS: HFF Arranges $29.7M Refi for North Carolina Apartments
Banner Apartments lands $29.7 million to refinance an asset; NorthMarq Capital arranges $19.2 million to refinance an apartment community in Springfield, Ill.; and RED provides financing for the housing authority’s rehabilitation project under RAD.