Regions
Corigin and East Florida Begin Work on Upper East Side Condos
20 East End Avenue, a condo development on the Upper East Side of Manhattan, is approaching completion. The 17-story building, developed by Corigin Real Estate Group and Florida East Coast Realty, will feature 43 units, with sales managed by Corcoran Sunshine Marketing Group.
Preferred Apartment Communities Acquires Four Apartment Communities
Preferred Apartment Communities (PAC) announced this week it has acquired four multifamily communities comprising a total of 1,397 units.
Economy Watch: Case-Shiller Reports Home Prices Rising Slowly
The latest S&P/Case-Shiller Home Price Indices, which were released by S&P Dow Jones Indices, show a continuing slowdown in U.S. home price increases.
Condo Conversion of Federalist Era Mansion Nearly Complete
Pre-sales for condominiums in The Maples, a Federalist Era Washington, D.C., mansion originally built by William Mayne Duncanson, have reached 70 percent according to the property’s exclusive sales and marketing firm, Urban Pace.
TODAY’S DEALS: GoldOller Acquires 1,998-Unit Community in Indiana
One of the largest rental communities in the United States trades hands for $85 million; and a joint venture between Balfour Beatty and ApexOne buys a 152-unit boutique community in Lady Lake, Fla.
Walker & Dunlop to Acquire Johnson Capital
Walker & Dunlop Inc. announced that is has agreed to acquire Johnson Capital’s loan origination and servicing platform.
LCOR Partners With Artists to Enhance its 250N10 Property in Brooklyn
Investment management and development company LCOR recently partnered with two internationally renowned artists to creatively enhance its recent development, 250N10.
Chuck Parker Named Division President of Corvias Military Living
Corvias Group announced that Charles E. (Chuck) Parker has been appointed division president of the company’s military housing division, Corvias Military Living.
JPI Opens Leasing for 360-Unit Luxury MF North of Dallas
JPI has begun leasing on Jefferson Center, a 360-unit luxury multifamily community in the Richardson submarket north of Dallas, Texas.
Economy Watch: Personal Income, Spending Inch Up in August
Personal income increased $47.3 billion, or 0.3 percent in August, according to the Bureau of Economic Analysis.