Regions
Meta Housing Begins Work on Long Beach Affordable Housing
Meta Housing has broken ground on Long Beach & 21st Apartments, a 41-unit affordable housing property for seniors aged 55 and over.
TODAY’S DEALS: WNC Closes $48.5M California LIHTC Fund
WNC closes a 714-unit LIHTC fund in California; NAI Capital brokers a 16-unit sale in West Los Angeles; and Grandbridge Real Estate provides $21.15 million financing for an acquisition.
Huffines Communities Unveils Second Phase of Hebron 121 Station
Multifamily developer Huffines Communities, members of the Denton County Transit Authority and other community members recently celebrated the grand opening of the second phase of the master-planned community Hebron 121 Station.
Muse Developments Breaks Ground on $385 Million Mixed-Use Project in London
Lewisham Gateway Developments Ltd, a wholly owned subsidiary of Muse Developments, recently broke ground on one of the largest regeneration projects in south east London, Lewisham Gateway.
Accor’s HotelInvest Acquires Two Hotel Portfolios For $1.22 Billion
Accor’s HotelInvest business is adding two real estate portfolios, having agreements to purchase a total of 97 hotels for a combined fee of around $1.22 billion.
Allied Realty Breaks Ground on Sugar Land-Area MF
Allied Realty has broken ground on The Retreat at Riverstone, a new, 249-unit exclusive apartment home community located in the heart of Sugar Land, Texas, with a targeted opening of Fall 2014.
Economy Watch: Construction Spending Advances in April
The Census Bureau reported that U.S. construction spending during April, both public and private, came in at an annualized rate of $953.5 billion, or 0.2 percent above the March rate.
Enterprise Homes Begins Redevelopment of Maryland Apartments
Redevelopment work has started on Locust House Apartments, a 98-unit multifamily property in Westminster, Md., an outer suburb of Baltimore.
Hell’s Kitchen Boutique Rental and Hotel is Now Open
Douglas Elliman Development Marketing has announced that leasing has started at the new 12-story Cassa Hotel and Residences in the Hell’s Kitchen neighborhood of New York.
$158M Luxury Condos in Brisbane Selling at Fast Pace
Newstead Towers, the 314-unit condo project set to break ground in 2014’s fourth quarter in Brisbane’s inner-city has reached the AUD 100 million (USD 93 million) sales mark within four weeks of its launch, according to appointed builder Brookfield Multiplex.