Regions

Ellis Partners in Management Solutions and Grace Hill, Inc. Announce Strategic Partnership

Ellis Partners in Management Solutions (Ellis), a feedback company for the multifamily industry, and Grace Hill, Inc. (Grace Hill), a multifamily industry online education and learning management solutions company, announced a strategic partnership.

ULI Spring 2014: Smart Moves for Smart Capital

While institutional capital isn’t necessarily known for its flexibility and innovation, an environment of accelerating change in business conditions has some companies adjusting their strategies for securing high yields while minimizing risk.

Economy Watch: Initial Unemployment Claims Lowest in Seven Years

For the week ending April 5, initial unemployment claims came in at 300,000, a sharp decrease of 32,000 from the previous week’s revised level, according to the U.S. Department of Labor.

ULI Spring 2014: The Business Case for Resilience

As the frequency and intensity of catastrophic natural disasters increase, the real estate community has shifted a focus on how to build and retrofit cities to withstand their impacts.

Tryko Expands Presence in Virginia With Acquisition of Peninsula Grove

Tryko Partners has acquired the 580-unit Peninsula Grove at Town Center apartment community in Hampton, Va., from Intercontinental Real Estate Corp. The participants in the deal didn’t disclose the price.

TODAY’S DEALS: Meridian Arranges $24.8M in Acquisition Financing for Chicago Portfolio

Meridian Capital Group arranges $24.8 million in acquisition financing for an eight-property multifamily portfolio; and Oak Grove Capital provides $11.1 million in FHA refinancing and obtains a waiver to three-year rule.

Aquinas Realty Partners Breaks Ground on Philadelphia Community

Aquinas Realty Partners, along with Philadelphia Mayor Michael A. Nutter, City Council President Darrell Clark and the Philadelphia Redevelopment Authority, recently hosted a groundbreaking event for a redevelopment project located at 2017-2023 Chestnut Street in Philadelphia.

Places for People Enters Joint Venture with Barratt Homes to Create 2,000 New Homes in Milton Keynes

Places for People, a UK-based property management, development and regeneration company, recently announced it has entered into a new joint venture with Barratt Homes that will create 2,000 new homes at their Brooklands development in Milton Keynes, England.

Innocence Island, Largest Privately Held Island in the Bahamas, Up for Auction

The largest privately owned island in the Bahamas will soon be up for grabs as Concierge Auctions recently announced that the property will be on the block this May.

W. P. Carey Finances Construction of Wartsila’s R&D and Training Complex in the Netherlands

W. P. Carey Inc. has announced an $18.7 million build-to-suit financing transaction on behalf of one of its non-traded REIT affiliates, CPA®:17 – Global (or Corporate Property Associates 17 – Global Incorporated).