Regions
TML Marketing Two NYC Wall Street Buildings
DTH Capital has appointed TOWN Marketing and Leasing, the leasing arm of TOWN New Development, to serve as the exclusive listing agent for both 63 and 67 Wall Street, two luxury residential buildings located in Manhattan’s Financial District.
CoStar Group Promotes Brad Long to President at Apartments.com
CoStar Group Inc., a provider of commercial real estate information, analytics and online marketplaces, announced the promotion of Brad Long to president of Apartments.com, its online apartment rental marketplace.
The International Well Building Institute Announces the Practitioner Portion of the Peer Review Process for the Well Building Standard
The International WELL Building Institute (IWBI) launched the second phase of the Peer Review process for the WELL Building Standard.
Economy Watch: Federal Deficit Continues to Shrink
The Congressional Budget Office estimated that the federal budget deficit for the fiscal year of 2014 (which ends Sept. 30) will amount to $506 billion, or about $170 billion lower than the shortfall in 2013.
Leasing Begins at Charlotte Student-Housing Project
Leasing has started at a new student-housing property, University House BLVD. The development, which is at the corner of University City Blvd. and Mallard Creek Church Rd. in Charlotte, N.C., is currently under construction, and will open in 2015.
TODAY’S DEALS: Aragon Closes 850 Unit Purchase in Denver and Orlando
Aragon Holdings buys two communities in Denver and Orlando; Walker & Dunlop structures $72 million in bridge conduit and mezzanine financing for acquisitions; and Crown Realty completes its 10th Phoenix area apartment acquisition since 2010.
JV to Construct First LEED-Certified Community in Park Ridge, Ill.
Trammell Crow Company residential subsidiary High Street Residential and its joint venture partner The Carlyle Group have announced they will construct Park 205, a Class A apartment community in Park Ridge, Ill., an inner-ring northwest suburb of Chicago.
Economy Watch: Home Prices Continue Their Deceleration
The latest S&P/Case-Shiller Home Price Indices, which were released on Tuesday by S&P Dow Jones Indices, show a sustained slowdown in U.S. home price increases.
Work Begins on Affordable Housing Near Albany
Ground has broken on Lion Heart Residences, a 72-unit affordable housing project in Cohoes, a town in Albany County, N.Y.
Perkins Coie Closes $125M US Treasury Guaranteed Bond for CRF, CDT
Perkins Coie has announced that it has closed a $125 million U.S. Treasury guaranteed bond issue for Minneapolis-based Community Reinvestment Fund and Community Development Trust. The bond, one of three issued, will help provide low-cost capital to invest in affordable housing loans.