Regions
Economy Watch: Days Numbered for QE3?
Investors, economists and financial journalists were watching the Federal Open Market Committee as it concluded its second day of meetings, and in the end the FOMC surprised on the side of winding the stimulus down, or at least reducing the rate of bond-buying starting at the end of 2013.
Denver Office of Economic Development Releases In-Depth Study Analyzing Denver’s Potential to Become a National Shopping Destination
By Gabriel Circiog, Associate Editor The Denver Office of Economic Development recently released a comprehensive retail study which explores Denver’s potential to become a national shopping destination. Prepared by retail consultant Economic & Planning Systems, The Denver Retail Conditions and Opportunities Study features an in-depth analysis of the current Denver retail market as well as […]
Builders and Lumber Dealers See Shortages of Key Building Materials
Home builders and lumber dealers are reporting significant shortages of key home building materials such as lumber and wall board, according to recent surveys by the National Association of Home Builders (NAHB) and the National Lumber and Building Material Dealers Association (NLBMDA).
Luxury Apartments Replace Dive Bar in NYC’s Trendy East Village
Residential leasing has begun at Jupiter 21, a newly constructed 78,000-square-foot apartment property at 21 East 1st St. in Manhattan.
RMK Management Begins Leasing at Chicago-Area TOD
RMK Management Corp. has announced that leasing has begun at Central Station, a new luxury community near the Central Street Metra station in Evanston, Ill.
Thompson | Dorfman Partners Hires Christopher C. Young as Senior Director of Construction
Thompson | Dorfman Partners LLC, a developer, owner and manager of multifamily real estate, announced today that Christopher C. Young has been named senior director of construction.
TODAY’S DEALS: Pacifica Acquires Florida Community for $33M
IPA completes a 400-unit sale in Florida; Colliers negotiates a 110-unit student housing disposition in Tempe; and Centerline Capital provides $3.7 million to refinance a property in Oak Park, Ill.
Tampa-Area Apartment Property Opens
Crescent Crosstown, a 344-unit apartment community in Brandon, Fla., has opened its doors. The property is located near the Selmon/Crosstown Expressway in Brandon, a Census-designated place in Hillsborough County, southeast of Tampa.
New Brand Launched Along With Houston’s Pearl Greenway
The Morgan Group’s unveiling of Pearl Greenway in Houston isn’t just the launch of a highly upscale apartment community. It is also ushering in the company’s new luxury Pearl apartment brand.
Economy Watch: Housing Starts Up
Homebuilders were reported to be more optimistic on Tuesday, and on Wednesday they had some reason to be, though not quite to the level of irrational exuberance: housing starts in May came in at an annualized rate of 914,000 units, according to the Census Bureau.