Regions
Tokyo Office Building Sold for $172M
Union Investment Real Estate GmbH has announced the $172 million (€127 million) acquisition of a fully leased commercial building in Tokyo.
Transwestern Report Offers Outlook for Economic Recovery
In its latest report, Transwestern warns that the economy may not be growing as fast as some people think it is, and despite positive signs in the U.S. job market, there is a growing concern that the recovery is in a stall.
Economy Watch: Service Sector Revenues Mixed in Q1
The Census Bureau reported that U.S. service sector revenues increased for certain industries in the first quarter of 2014 compared with the previous quarter, such as information services, utilities and finance and insurance.
PRG Acquires Raleigh Apartment Community
PRG Real Estate has acquired Clarion Crossing Apartments in southwest Raleigh, N.C.
KTGY-designed Affordable Seniors Community Opens in Bay Area
ROEM Corporation has announced that its latest affordable seniors housing development, Camino del Rey, has been completed.
NAREE Special Report: Kelly Ranks Top 10 Issues for Real Estate
Hugh Kelly, chair of The Counselors of Real Estate, offered the organization’s annual list of the top 10 issues affecting real estate as the opening speaker for the National Association of Real Estate Editors’ 48th annual Real Estate Journalism Conference.
TODAY’S DEALS: Greystar Closes on $800M Value-Add Multifamily Acquisition Fund
Greystar Real Estate Partners announces the final close of a discretionary commingled fund; and NorthMarq arranges $34.4M refinance with five-year I/O.
CORT Names David Schwehm Group Vice President of Sales
CORT, a Berkshire Hathaway Company, today announces that David Schwehm has joined the company as group vice president of sales.
Industry Veterans Glenn Murray and Jon Capezzuto Join Hipercept
Hipercept announced today that real estate technology and managed services executives Glenn Murray and Jon Capezzuto have joined the Hipercept management team
DC’s The Wharf Captures 2014 Charter Award
Perkins Eastman’s Washington, D.C., office has announced that two area projects by the design and architecture firm have been awarded 2014 Charter Awards from the Congress for the New Urbanism.