Regions
Bozzuto Tapped to Manage CityCenterDC Apartments
Hines and the TFI US Real Estate Fund have selected Bozzuto Management Co. to market and manage the apartment component of the mixed-use CityCenterDC development in Washington, DC.
Holland Partners Group Develops $53M Mixed-Use L.A. Community
Holland Partners Group announced that its $53 million mixed-use community at 1111 Wilshire Blvd. in Downtown Los Angeles is open for leasing.
CNL Growth Properties Developing Class A Multifamily Community Near Nashville
CNL Growth Properties, a real estate investment trust, has partnered with Crescent Communities LLC on the $40.3 million development of Crescent Cool Springs, a Class A, garden-style apartment community in Franklin, Tenn., which sits about 15 miles south of Nashville.
Economy Watch: Residential Delinquencies Continue Drop
Lender Processing Services released its latest Mortgage Monitor, which found that the national delinquency rate for residential mortgages continued to fall in May, marking the largest year-to-date drop since 2002.
Lower East Side Property on the Block
The mixed-use 174 Delancey St. property in Manhattan has been put on the market. It’s a two-building property including 22 apartments, two retail spaces, a courtyard and about 5,000 square feet of air rights.
Western National and Nor’wood to Develop Colorado Springs Community
In their fourth joint venture in Colorado Springs, Colo., Western National Group and Nor’wood Development Group are developing a multifamily community in the InterQuest Marketplace development.
TODAY’S DEALS: LocalConstruct Acquires Second Colorado Springs Asset in Six Months
ARA closes a 200-unit sale in Colorado Springs; Grandbridge arranges $30.8 million for two Florida properties; and Essex Realty Group brokers the sale of a mixed-use property for $3.2 million.
Auction.com Names Michael Callahan as Executive Vice President, Chief Legal Officer and Secretary
Auction.com announced that Michael Callahan has been named executive vice president, chief legal officer and secretary.
Broward County Housing Authority Receives $895K to Provide Rental Assistance to Homeless Veterans
The U.S. Department of Housing and Urban Development (HUD) has awarded Broward County Housing Authority (BCHA) $895K in supportive housing assistance to help chronically homeless military veterans and their families find a permanent place to call home.
SoCal Rental Community on Track for February 2014 Completion
A rental community featuring both townhomes and apartments is being developed on a 1.1-acre parcel in southern Garden Grove, a city in the heart of Southern California’s Orange County.