Regions
Economy Watch: Retail Sales Spike in May
The Census Bureau reported that retail and food service sales were up 0.6 percent compared with April and 4.3 percent year-over-year.
Ribbon is Cut at Mississippi Affordable Housing Community
McIntosh Homes, an affordable housing community for seniors in the Greene County, Miss., town of Leakesville, was given its grand opening ceremony this week.
Oxford Properties Group Launches LEED Platinum Office High-Rise in Downtown Toronto
Oxford Properties Group has unveiled plans to develop the new 40-story Ernst & Young Tower in the heart of downtown Toronto.
£1.5B Deal Will Transform Old London Docks into Innovation Hub
London Mayor Boris Johnson has announced the newest initiative in the grand redevelopment of the London’s Royal Docks: the £1.5 billion (circa $2 billion) project dubbed Silvertown Quays, which represents the second phase of the redevelopment of the Silvertown area.
Affirmed Housing Group Announces Grand Opening of San Diego Seniors Community
Affirmed Housing Group, a San Diego-based affordable housing developer, announced the grand opening of Solterra, an affordable community for seniors in El Cajon, Calif.
TODAY’S DEALS: NorthMarq Arranges a $20M New Construction Loan in Chicago
NorthMarq’s Chicago regional office arranged construction loan financing of $20 million for Webster Square; and Lucent Capital completes an $11.84 million permanent loan for the recapitalization of a building.
World’s Tallest Twisted Tower Unveiled in Dubai
Cayan Investment and Development has recently inaugurated the world’s tallest twisted building: Cayan Tower.
$40 Billion Transoceanic Canal Project Resurfaces in Nicaragua
An initiative for the construction of a new canal between the Pacific and the Caribbean is underway after a century of hibernation.
2013 Mid-Year Outlook: Economic Growth On the Road to “Normal”
The U.S. may be well into a prolonged period of steady economic growth, but it hasn’t yet reached its full potential, according to Fannie Mae’s Economic & Strategic Research Group.
Capital Square Realty Advisors Acquires Tallahassee Multifamily Community
Capital Square Realty Advisors LLC has acquired Ashford Club Apartments, a 102-unit multifamily community in Tallahassee, Fla., on behalf of an affiliated entity.