Regions
New LCOR Apartments Begin Move-Ins
Residents have started to move in to 250N10, a new-construction rental property in the Williamsburg neighborhood of Brooklyn.
TODAY’S DEALS: Harbour Realty Partners Sells Oregon Asset
ARA brokers a 278-unit sale just outside Portland, Ore.; and HFF arranges financing for a mixed-use development that will serve as a focal point at The College of New Jersey.
TriBridge Residential Opts for Full Yardi Multifamily Solution Stack
Needing a comprehensive technology solution to effectively manage its business operations and provide detailed reporting to investors and clients, TriBridge selected Yardi Voyager ® as its new Software as a Service core property management and accounting system, along with the Yardi Marketing Suite ™ and Yardi Multifamily Suite™.
Prism Capital Partners Redevelops NJ Landmark Warehouse into Luxury Apartments
Prism Capital Partners has redeveloped a century-old landmark from a six-story warehouse into Parkway Lofts, 361 beautifully appointed loft-style apartments in Bloomfield, N.J.
Economy Watch: Leading Economic Indicators Spike in March
The Conference Board reported that its Leading Economic Index was up in March (and its Coincident and Lagging Indexes were up, too).
HFF Arranges Debt Construction Financing, Joint Venture Equity for Class A Community
HFF has announced that it has brokered the debt construction financing and joint venture equity for NOVUS Odenton Station in Odenton, Md. The borrower is NOVUS Residences, which is targeting completion of the Class A, transit-oriented community by early 2015.
Pennrose Awarded ‘2014 Healthiest Employer’ Award for its Progressive, Employee Wellness Program
For the third year, Pennrose has been honored with a “Healthiest Employer” Award by the Philadelphia Business Journal.
TODAY’S DEALS: Construction Loan Kicks-Off NOVUS Development in Maryland
HFF arranges a construction loan with EagleBank for a Maryland TOD development; Avesta Communities acquires a 314-unit property in South Florida; and Marcus & Millichap brokers a 160-unit sale in Mississippi.
LaSalle Group to Develop Two Memory Care Properties in Austin Area
The LaSalle Group, which specializes in memory-care seniors housing, has broken ground on two properties in the Austin, Texas, area.
CBRE Group Hired to Market Laketown Wharf
CBRE Group Inc. has been hired to market and sell the interests of ST Residential and its affiliates in Laketown Wharf, a Panama City Beach, Fla., Gulf-view resort property, with 399 units operating as apartments.