Regions
Economy Watch: ADP Reports Strong December Showing for Private-Sector Employment
More jobs were added in December than any other month in 2013 according to ADP, and newly-released Fed minutes confirm that the tapering of bond-buying will proceed in January.
Instrata at Mercedes House Fully Leased
If you need a anecdote for the strength of multifamily demand in Manhattan, consider that Invesco’s 162-unit Instrata at Mercedes House has leased up to full occupancy in just 10 months.
Greystone Closes First Freddie Mac Revolving Credit Facility in Seniors Sector
Greystone closes the first Freddie Mac Revolving Credit Facility for the seniors housing sector on behalf of Oakmont Senior Living.
TODAY’S DEALS: Bell Partners Completes 207-Unit Buy in Dallas
Bell Partners acquires a newly-built asset in Dallas; Charles Dunn Co. completes a $2.8 million sale in Los Angeles; and Arbor Commercial funds $55 million for an acquisition.
Carroll Organization Acquires Jacksonville Luxury Apartment Property
Carroll Organization is bullish on Jacksonville, Fla., and gives MHN details on its third acquisition in the city since the beginning of 2013.
Economy Watch: Home Prices Up Annually, Barely Move Monthly
The growth of home prices slows down, and U.S. total crude oil production should reach its highest level in four decades in 2015.
Mack-Cali/Fisher Brothers JV Buys 377 Units in D.C.
A joint venture comprised of Mack-Cali Realty Corp. and Fisher Brothers has closed on a luxury multifamily project currently being constructed in Washington, D.C.’s trendy H Street submarket.
Gebroe-Hammmer Completes $136M in Northern New Jersey Sales
In a testament to just how hot the northern New Jersey investment sales market is, Gebroe-Hammer Associates has closed 27 deals totaling 1,515 units in only two months.
Economy Watch: Services Sector Growth Slows in December
The services sector of the economy takes a dip in December, though new factory orders increased in November to their highest level since the Census Bureau has been keeping track.
Capri Acquires Stamford Luxury Residential Building for $135M
Capri Capital Partners makes a big statement in Stamford, Conn., with the $135 million acquisition of 101 Park Place at Harbor Point.