Regions
Ariel Property Advisors Sells Pair of Multifamily Buildings in New York
Ariel Property Advisors announced that it has sold the adjoining properties at 556-562 West 126th Street in New York for $15 million, which comes totals about $284,615 per square foot.
Conor Commercial Real Estate and Ravine Park Partners Break Ground on Chicago Apartments
Construction is underway on Woodview Apartments, a new luxury apartment development in the northern Chicago suburb of Deerfield, Ill.
Economy Watch: U.S. Housing Price Rise Slows
S&P Dow Jones Indices reported the latest S&P/Case-Shiller Home Price Indices, which cover the three months ending in September.
NYSERDA Recognizes Six Engineering Firms for Doubling Energy Efficiency Savings in Multifamily Buildings
Multifamily buildings across New York State are maximizing building energy efficiency and reducing energy costs.
ASB Acquired Suburban DC Apartments for $222M
ASB Real Estate Investments has acquired two recently completed apartment community in Rosslyn, Va., for a total of $222 million.
TODAY’S DEALS: Starlight Multi-Family Fund Buys a Texas Portfolio
A Canadian fund makes its first investment with a Texas acquisition; Militello Capital and QR Capital purchase two communities in Georgia; and Canyon funds a $42 million senior construction loan.
Oak Grove Capital Welcomes Ken Bowen as Senior Vice President
Oak Grove Capital, a national provider of real estate financial services, has announced that Ken Bowen has joined the St. Paul-based lender as a senior vice president, focusing on new loan originations for the company’s market rate multifamily debt platform.
ETCO Homes Announces Grand Opening of 432 Oakhurst
ETCO Homes today announced the grand opening and completion of the residences at 432 Oakhurst.
Pennrose Developing Seniors Apartments in Connecticut
Pennrose is developing The Jefferson, an affordable seniors apartment community located in New Britain, Conn., that is being built in conjunction with the New Britain Housing Authority.
Economy Watch: Pending Home Sales Dip
Ahead of housing permit numbers from the government, which is a forward-looking indicator for the housing market, the National Association of Realtors reported that its forward-looking Pending Home Sales Index, which is based on contracts signed but not closed, dropped.