Regions
TODAY’S DEALS: LCOR Secures $49M+ Construction Loan for Mixed-Use Community
LCOR has closed on construction financing for its 304,271 sq. ft. mixed-use project at 638 Bloomfield Ave. in Montclair, N.J.; and Cohen Financial arranges more than $5.4 million for an acquisition.
TDI Breaks Ground on Transit-Oriented, Mixed-Use Project in Farmingdale, N.Y.
TDI Real Estate Holdings LLC announced that construction has commenced on a $40 million transit-oriented, mixed-use project in Farmingdale, N.Y., across the street from Farmingdale Station.
Zaha Hadid-Designed Stadium Project Revealed for 2022 FIFA World Cup in Qatar
The 2014 World Cup will be held in Qatar, making Quatar the first host nation from the Middle East. The event organizers, the Qatar 2022 Supreme Committee, recently unveiled the design provided by Zaha Hadid for the stadium that will be constructed in Al Wakrah, one of the host cities of the 2022 FIFA World Cup.
IMMOFINANZ Subsidiary Grows Portfolio with $50M Berlin Residential Portfolio
BUWOG, a wholly owned subsidiary of IMMOFINANZ Group, has announced the acquisition of a 1,185-unit residential portfolio in the greater Berlin area, stemming from an insolvency estate.
Extell Development Co. Launches Sales in NYC’s Upper West Side Luxury Condos
Extell Development Company has begun selling units at One Riverside Park, a luxury condominium on the Upper West Side’s Riverside South.
First Advantage Enhances Resident Screening Through Integration With Experian RentBureau
First Advantage, a Symphony Technology Group (STG) company, announced details of its collaboration withExperian RentBureau®, the largest rental payment database in the multifamily industry.
Economy Watch: Fed Mulls Tapering in the Near Future
The Federal Open Market Committee released the minutes from its Oct. 29-30 meeting, and one of the more closely watched subjects taken up in was tapering.
Harlem Cooperative Picks Halstead as Property Manager
Maple Plaza, a New York City Housing Development Corp. cooperative at 1919 Madison Ave. in central Harlem, has tapped Halstead Management Company LLC to provide property management for the building.
TODAY’S DEALS: Berzack Completes Sale of Mixed-Use Land Site for 54 Apts.
An apartment site entitled for 54 units was sold in N. Hollywood, Calif.; and Essex brokers the sale of a building In Evanston, Ill.
Supportive Veteran Housing Community Opens on Former Indianapolis Brownfield Site
Timed to coincide with the 150th anniversary of President Lincoln’s Gettysburg Address, members of public and private organizations along with the City of Indianapolis held a ribbon cutting ceremony Tuesday to mark the opening of The Lincoln Apartments, a 75-unit supportive housing community that will serve homeless veterans.