Regions
Progress Student Living Developing Student Housing Near UNC-Wilmington
Construction is underway on Progress910, a 528-bedroom, 168-unit luxury student housing community situated near the campus of the University of North Carolina Wilmington.
Economy Watch: Retail Sales See November Gain
U.S. retail sales edged up 0.7 percent in November compared with October, the Census Bureau reported.
Summit Management Services Inc. Improves Employee Performance with Yardi eLearning
Residential housing owner and manager Summit Management Services Inc. has measured significant returns on its investment in Yardi eLearning.
Auction.com Sells 246 Fifth Avenue Mixed-Use Commercial Building in New York City
Auction.com LLC, an online real estate marketplace, announced the closing of the sale of 246 Fifth Ave.
Contractor Tapped for Twin Cities Affordable Housing
Project for Pride in Living has selected Anderson Cos. to build the nonprofit’s of Hamline Station Apartments in St. Paul, Minn.
Nadel Architects-Designed Community Opens in Marina del Rey
The Shores multifamily community has opened its doors in the unincorporated Los Angeles area community of Marina del Rey, bringing 544 new units to the submarket.
Houston’s Kim Small Joins Wood Partners as VP
Wood Partners has hired Kim Small, a veteran in the industry who has managed apartment properties across the United States for several Houston-based companies, as regional vice president for its Central Region.
TODAY’S DEALS: Beech Street Capital Closes $21.3M for D.C. Apartment Portfolio
Beech Street refinances two D.C. assets; Transwestern brokers a 180-unit sale in Colorado Springs; and NorthMarq Capital’s Raleigh office arranges two apartment acquisitions totaling $13.67 million.
Economy Watch: State, Local Tax Revenues Up
The Rockefeller Foundation reported recently that total state tax collections increased during the second quarter of 2013, the latest in a string of quarterly increases and an indication that the contraction of state government–which represented a major headwind for the entire U.S. economy during the worst of the recession–is over.
Ideal Properties Group Launches Two Brooklyn Properties
Ideal Properties Group has launched 603 Fourth in South Slope and 150 Broadway in Williamsburg, capitalizing on two of Brooklyn’s most desirable neighborhoods.