Regions
Economy Watch: Another Strong Jobs Report to Round Out 2014
The U.S. economy gained 252,000 jobs in December, representing another healthy month of job growth, according to the Bureau of Labor Statistics.
Time to Go: Dobbins Sells Alabama Community for $24M
After holding the property for about two and a half years, Dobbins Group has sold the Moretti at Vulcan Park in Birmingham for $24.6M to Raia Properties.
TODAY’S DEALS: Oak Grove Keeps the Texas Deals Rolling
Oak Grove Capital arranges four acquisition loans for ICG; Blue Ridge Cos. lands a property management gig in South Carolina; and NorthMarq Capital finalizes a $19.95 million refinance carrying a five-year interest-only feature.
Casey Moore Joins Berkley Point Capital
Berkley Point Capital announced Casey Moore as director, senior housing in the Boston office.
December Rentals Reflect Some Stability in New York
According to real estate brokerage MNS’s December rental market reports for Manhattan, Brooklyn and Queens, relative market stability is reflected with few surprises and only slight changes due to inventory levels.
Central Equity Appoints Brookfield Multiplex to Deliver High-End Apartment Tower in Melbourne
Central Equity has selected global contractor Brookfield Multiplex for the development of a 46-story residential tower at 601 Little Lonsdale Street in Melbourne’s CBD.
CGD and Four Seasons Announce Waterfront Luxury Project along Bangkok’s Chao Phraya River
Country Group Development and Four Seasons Hotels and Resorts have partnered up to develop a new luxury hotel and residential project on the Chao Phraya River in the capital city of Thailand.
Mauritius Resort Hotel Picked Up for $72 Million
CPA®:18 –Global, one of W. P. Carey Inc.’s managed non-traded REITs has acquired La Plantation d’Albion Club Med, the parent firm announced.
Weston Homes to Redevelop Historic Wellcome Factory Site in Dartford
Essex-based house builder Weston Homes recently acquired a historic, 7.59-acre property in Dartford, 16 miles away from central London.
As Rents Rise, This New Condo Seizes Advantage
P.T. Blooms is developing Banneker Hill, a seven-home condominium in Washington, D.C.’s burgeoning 14th Street corridor.