Regions

Supportive Housing Development Opens in Chicago Suburb

Myers Place, a supportive housing development in northwest suburban Chicago, has been completed.

The Urban Strategy America Fund Invests in 151-Unit Affordable Community

The Urban Strategy America Fund, a fund at New Boston Fund has closed on the permanent financing for the third financial rental phase of Olmsted Green, a community in Boston.

TODAY’S DEALS: Massachusetts Multifamily Asset Trades for $46.8M

CBRE/New England completes a $46.8 million sale; CAPREIT acquires a portfolio in Dublin; and Berzack Investment Property Advisors brokers a 12-unit sale in California.

Auction.com Research Looks at Impact of Unemployment Rates

Based on the most recent July 2013 Bureau of Labor Statistics Report, Auction.com Research is predicting a slowdown in real estate for the second half of the year.

Builder Confidence in the 55+ Housing Market Shows Significant Improvement in Second Quarter

Builder confidence in the 55+ housing market for single-family homes showed strong continued improvement in the second quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI).

Interface Names Jo Ann Herold Chief Marketing Officer

Interface Chairman and CEO Dan Hendrix announced that Jo Ann Herold has been appointed chief marketing officer for the company.

$2B Urban Rejuvenation Project in London Reaches Milestones

Major milestones have been recently reached in the $2.32 billion (£1.5 billion) Elephant & Castle urban rejuvenation project led by the London Borough of Southwark Council and its commercial partner Australian infrastructure and property group Lend Lease.

Economy Watch: Real Estate Investment Still Low

The Bureau of Economic Analysis released some of the underlying details of last week’s preliminary GDP report, including information about real estate investment trends, by measuring such investments as a percentage of GDP.

Apartment Guide Survey Reveals Ratings & Reviews Service Influences the Apartment Search Process

Apartment Guide conducted a recent survey to determine the sentiment around user-generated reviews as it relates to the rental process and consumer behavior.

First of Two Metro Baltimore Apartments Under Way

Work has started on the first of two buildings by two separate teams of developers that will ultimately add 470 new multifamily units to the Towson Town Center area.