Regions
Meeks + Partners-Designed Elan City Centre in Dallas Completed
Greystar’s newest Dallas development has opened. The asset was designed by Meeks + Partners and features luxurious amenities and modern floor plans.
Economy Watch: Home Prices Still Rising on Annual Basis
Year-over-year home prices up 13.7 percent and state unemployment rates edge down.
Stillman and Ceruzzi Plan Manhattan High-Rise
Stillman Development International and Ceruzzi Properties acquire 151 E. 86th on Manhattan’s Upper East Side with the intent to erect a 21-story condo and retail tower.
First Post-Recession Condo Underway on Miami’s Brickell Avenue
Rilea Group is bringing Brickell Avenue something it hasn’t seen since the economic downturn: a new condo development. The Bond on Brickell, a 44-story luxury community, is expected to open in early 2016.
TODAY’S DEALS: Waterton Picks Up 300 Units in Plano
Waterton Associates grabs a 1999-built asset in Plano, Texas; HFF arranges the sale of a $31.6 million loan secured by a trio of Michigan apartment communities; and NorthMarq secures $10 million for a North Carolina asset.
Phoenix Realty Group Adds Two to West Coast Operations
Phoenix Realty Group has bolstered its Los Angeles office with the hiring of real estate vets R. Alex Saunders and Leslie Stephens.
Economy Watch: New Homes Sales Dip in December, Up Year Over Year
Home sales dip in December, and President Obama will address the situation of long-term unemployment in tonight’s State of the Union address.
Jones Lang LaSalle Closes Multifamily Portfolio Sale Near Baltimore
Morgan Properties acquires a trio of apartment properties in Baltimore’s Windsor Mill submarket.
TODAY’S DEALS: Sacramento Asset Trades for $14.3M
Marcus & Millichap completes a 97-unit sale in Carmichael, Calif.; Centerline closes a $4 million Fannie Mae loan to refinance a 146-unit asset in California; and Red Capital Partners uses its own balance sheet to provide a $25 million bridge loan.
Atlantic | Pacific Cos. Acquires Pair of Atlanta Communities
Atlantic | Pacific Cos. augments its already extensive Atlanta portfolio with the acquisition of 518 units in the city’s central core.