Regions
Yardi Division Lending Energy Management Perspective to Green Real Estate Conference
Yardi announced today that its expertise in energy management will help this month’s Green Real Estate Conference showcase the economic, environmental and competitive advantages of greening buildings.
Economy Watch: Home Price Rises Stall, Foreclosures Slow
Black Knight Financial Services released its latest Home Price Index report, which is based on January 2014 residential real estate transactions. There was no increase nor decrease month over month. Since last year, the index increased 8 percent, a slight drop in the rate from recent months.
Hoffman-Madison Waterfront Kicks Off Massive Mixed-Use Project in D.C.
Work has started on phase 1 of the Wharf on Washington in the district’s southwest waterfront. It is the beginning of a massive mixed-use project roughly a decade in the making.
TODAY’S DEALS: Phoenix Realty Group Buys Connecticut Apartments
CBRE brokers a $27.5 million Connecticut apartment sale; Virtu Investments picks up an Austin apartment asset; and GFI completes the sale of a walk-up for $2.3 million in Brooklyn, N.Y.
Auction.com Closes $147 Million in CRE Assets
Auction.com, an online real estate marketplace, facilitated the closing of 38 commercial assets during the month of February. The assets had a combined total sales price of more than $147 million.
Market Snapshot: New Jobs and Rental Stock Do Little to Shake Up Stabilizing L.A. Apartment Market
As we embark on 2014, it seems that the “status quo” of Los Angeles’ apartment market that we’ve seen over the past couple of years will continue.
Mercy Loan Fund Provides Cesar Chavez Foundation $9.9 Million Loan
Cesar Chavez Foundation has acquired The Park at Cliff Creek in Dallas, thanks to a $9.9 million loan from Mercy Loan Fund, in partnership with the Low Income Investment Fund.
Economy Watch: Fitch Affirms Stable Outlook for U.S. Debt
The rating agency Fitch affirmed various kinds of U.S. public debt at a rating of AAA, with a stable outlook.
Construction Rolling Along on The Charles Luxury Condos in Manhattan’s Upper East Side
The leadership team and crew working on the Upper East Side luxury development, The Charles, held a party to celebrate the building’s recent topping out. The 32-story condo building is being developed by Bluerock Real Estate LLC in collaboration with Ismael Leyva of ILA Architects and David Collins Studio interior designs.
North Dakota Multifamily Project Wins Award from the State
Wolf Run Village in Watford City has received the Champions of Affordable Housing Award from the North Dakota Housing Finance Agency.