Regions
Kor Group to Open Lofts in Downtown LA
Work is nearly complete on Downtown Los Angeles’ only new-construction, for-sale housing development, Warehouse No. 1, which is the final phase of Barker Block in the Arts District.
TODAY’S DEALS: MetLife to Invest in $317M UDR Tower
MetLife and UDR partner up on a San Francisco development; World Class Capital acquires a student housing asset in Texas; and CBRE Global Investors Fund acquires a Phoenix-area apartment community.
Greysteel’s Multifamily Division Retained as Exclusive Adviser and Agent for Sale of Townsend Square
The Greysteel Company’s Mid-Atlantic multifamily investment sales division has been tapped as the exclusive adviser and agent in handling the sale of the Fredericksburg, Va., property, Townsend Square.
NeighborWorks America Names Vanitha Venugopal VP for its Pacific Region
NeighborWorks America announced today that it named Vanitha Venugopal regional vice president for its pacific region.
Xinyuan Real Estate Co. Ltd. Announces Land Acquisitions and new Residential Developments in China
Xinyuan Real Estate Co. Ltd. recently announced that it has acquired four land parcels in China via auction and intends to primarily develop residential apartments.
JW Marriott Hotel Hanoi Opens as Luxury Hotel Brand Expands in Southeast Asia
Marriott International is continuing its rapid growth with the recent unveiling of the JW Marriott Hotel Hanoi, a brand new location for the luxury brand that has in the past year made a point of expanding into Southeast Asia.
Canada Sells Landmark Diplomatic Building in London to India-Based Developer for $500M
The Canadian federal government has sold the iconic Macdonald House in central London to Lodha Group, one of India’s largest real estate developers.
Mission Cap Surpasses $1B in Residential Transactions
Mission Capital Advisors, a national real estate capital markets solutions firm, announced that its residential trading group has surpassed $1 billion in offered transactions for 2013.
Economy Watch: Federal Budget Deal Reached
Congress, which served as a drag on the economy in 2013 with its uncertainty-generating behavior, took a small step toward more consistent policymaking in 2014–it is an election year, after all–by passing a modest budget deal.
La Cite Development’s Village Lofts First Modular Development in Hempstead
Village Lofts, the first modular multifamily rental development to come to Long Island’s Nassau County, received a gala grand opening last week.