Regions
Economy Watch: Retail Recovery at a Snail’s Pace
Reis released its latest quarterly report on the U.S. retail real estate market.
Reading the Market: Carroll Organization Sells Two Houston Apartments
Carroll Organization, a privately held multifamily specialist, has completed the sale of Arium Westheimer and Arium Westheimer Villas, both located in Houston, for an unspecified price.
Carnegie Wins Two GOOD Design Awards
Carnegie, a manufacturer and innovator of textiles in North America, won two 2014 GOOD DESIGN awards.
TODAY’S DEALS: Berkshire Group Takes Two Assets Off Crescent’s Hands
Crescent Communities continues to sell in North Carolina; Cushman & Wakefield originates $49.6 million in seniors housing construction financing; and Dobbins Group completes and sells a 135-unit upscale apartment community it redeveloped.
New Year Incentive for New Townhomes
Construction is underway on the first townhouses at Springside at Robbinsville in Mercer County, N.J.
Looking for Success Rebranding Student Housing
Development, acquisition and management firm Inland American Communities has purchased Asbury Green, a property serving University of Denver students, and is rebranding the community as University House.
Apartment Fundamentals Still Strong
The apartment market isn’t remotely sluggish, but it isn’t the frenetic, ants-in-its-pants creature it became after the housing crash converted a lot of people into renters, or persuaded Gen Xers and Millennials that renting a few more years than their parents isn’t a bad thing.
Manhattan Residential Sales End ’14 on Strong Note
Last year was a strong one for the sale of Manhattan residential properties, with steady increases in prices per square foot and higher sales volumes, Urban Compass notes in its latest Manhattan Market Compass report.
TODAY’S DEALS: Dwight Capital Funds $41.5M in HUD Loans
Dwight Capital closes out 2014 with a trio of HUD loans; a Canadian investment firm nabs a REO condo parcel in Illinois; and Meridian Capital arranges a five-year, $10.5 million acquisition loan for a Queens, N.Y., property.
$8M in Grants For Connecticut Affordable Housing
The Bristol Housing Authority has received three Connecticut state housing grants totaling $8 million aimed at revitalizing its Zbikowski Park development.