Regions

Kerry Rudd Appointed Duravit USA Vice President of Sales

Duravit USA is continuing its sales expansion with the addition of Kerry Rudd to the team. Rudd will join Duravit USA as the vice president sales, business development.

Economy Watch: Rumbles of Trouble in the Euro Zone

It’s been a while since the euro-zone crisis rumbled loud enough to bother investors around the world, but late last week Portugal halted trade in Banco Espirito Santo, which is the banking arm of one of that country’s largest conglomerate, with regulators citing “irregularities” in its accounts and asserting that it’s in “serious financial condition.”

Dubai Holding and Local Authorities Unveil Plans For New City Featuring World’s Largest Indoor Mall

The largest mall in the world was recently announced in the largest city of the United Arab Emirates, as developers have lined up the first temperature-controlled city in the world.

Mace to Oversee Maintenance at the Admiralty Extension in London

As part of a renovation program by The Cabinet Office department of the Government of the United Kingdom to consolidate and update the Admiralty Extension in London, 193,750 square feet of office space at the government estate also known as the Old Admiralty Building will soon undergo maintenance.

Singapore’s Interlace Apartment Community Wins CTBUH Urban Habitat Award

By Adrian Maties, Associate Editor Singapore—The Council on Tall Buildings and Urban Habitat (CTBUH), a Chicago-based organization, has announced at the end of June the winner of its first ever Urban Habitat Award for The Interlace, a residential development completed in Singapore late last year. The Interlace was developed by CapitaLand Residential, a leading developer in Asia, and Hotel Properties Limited. The designer was by Ole Scheeren, a former partner of the Rotterdam-based Office for Metropolitan Architecture (OMA). The apartment community covers about 1.8 million square feet of land. It features 1,040 two-, three- and four-bedroom units, as well as…

Jefferson Apartment Group Starts Work on Orlando Apartments

Ground has been broken on Artisan 420, a new mixed-use development in downtown Orlando from Jefferson Apartment Group.

Steadfast Apartment REIT Acquires 307-Unit Apartment Community in Indy for $27.9M

Steadfast Apartment REIT has acquired Harrison Place, a 307-unit community located in the heart of Indianapolis, for $27.9 million.

Plainfield, N.J. Affordable Housing Acquired by Tryko Partners

Liberty Village, an affordable housing property in Plainfield, N.J., has been added to the multifamily portfolio of private equity real estate group Tryko Partners.

Real Estate Strategist Richard Gollis Joins Jamboree Housing Corporation Advisory Board

Richard M. Gollis, a co-founder and principal of The Concord Group, has joined Jamboree Housing Corporation’s advisory board.

Historic Indy Building Gets New Facade

The complicated process of renovating the historic Litho Press building in Indianapolis passed another milestone this week with the completed restoration of the building’s façade. Initially planned as a three or four part of the overall renovation, the façade work actually took about six months. When complete, the building will offer 111 apartments and be called 800 North Capitol Apartments.