Regions

Duravit USA Appoints Janina Griebe Marketing Manager

Duravit USA has announced that longtime team member Janina Griebe has been appointed marketing manager.

Amazon to Open New 431,000-Sq. Ft. Office in London in 2017

Amazon Inc. recently announced plans to quit its UK base of 16 years in Slough, Berkshire, and move to a brand new office in east London in 2017.

IREM, City of Houston Join Forces on Local Sustainability Initiative

The Institute of Real Estate Management (IREM) and the City of Houston have signed A Memorandum of Understanding outlining a collaborative relationship and division of labor.

Economy Watch: Poverty Rate Edges Down, Number of People in Poverty the Same

The U.S. official poverty rate in 2013 was 14.5 percent, down from 15 percent in 2012, the Census Bureau reported.

Marcus & Millichap Promotes Michael Mele to Senior Vice President Investments

Marcus & Millichap Real Estate Investment Services, a commercial real estate investment services firm with offices throughout the United States and Canada, has named Michael Mele a senior vice president investments in the Tampa office.

Kempinski Hotel Nay Pyi Taw in Myanmar to Open in November

Europe’s oldest luxury hotel group, Kempinski Hotels, recently announced the opening of its first property in Myanmar (Burma).

DC’s Rittenhouse Apartments Put on the Block

Rittenhouse Apartments, a 208-unit property in Washington, D.C., has been put on the market by TIAA-CREF, which has owned it for only about six months.

StreetLights, Stonelake Capital to Unveil Plans for New West Dallas Community

StreetLights Residential and Stonelake Capital Partners have announced their plans to build a Class A residential development in Stonelake’s Trinity Village residential district in West Dallas.

TODAY’S DEALS: Allianz Provides Permanent Financing for Class A Cincinnati Asset

HFF arranges permanent financing for a Flaherty & Collins property; Berkadia arranges nearly $80 million for a multifamily portfolio in Los Angeles; and National Cooperative Bank originates $60.5 million in new loans during August.

Peak Campus Management to Manage Student Housing Near Southern Illinois U

Peak Campus Management will manage The Edge, a planned purpose-built student housing asset located near Southern Illinois University-Edwardsville, slated to open in the fall of 2015.