Regions
Economy Watch: Detroit Files for Chapter 9
On Thursday, Detroit became the largest city in the nation ever to file for the municipal version of bankruptcy, Chapter 9.
Jersey City’s Laguna Apartments Opens for Leasing
Laguna, a 158-unit new-construction apartment, has opened for leasing.
NAHB Honors the Year’s Best Apartments and Condos
High-end looks for student and affordable housing, green and energy-efficient building systems and contemporary design are the hallmarks of this year’s finalists for the 2013 Multifamily Pillars of the Industry Awards.
Brookfield’s Canadian REIT Acquires Bay Adelaide Centre East in Downtown Toronto
Brookfield Canada Office Properties has announced the acquisition of the Bay Adelaide Centre East office tower in downtown Toronto from its parent company, Brookfield Office Properties Inc.
Tilal Development Company Announces $130M Expansion of Muscat Grand Mall
Tilal Development Company, the Sultanate’s leading real estate company, recently announced plans for a massive expansion of Muscat Grand Mall.
Basheer & Edgemoore Develops Innovative Townhouses in Va.
Basheer & Edgemoore have opened Potomac Crest, a collection of 76 new townhome-style condominiums with three finished levels in Woodbridge, Va.
TODAY’S DEALS: Cortland Partners Buys 1,037 Units in Texas and Florida
Cortland Properties completes three acquisitions totaling $130.3 million; SBV buys a 109-unit asset in Greensboro; and Cohen Financial secures more than $31 million for three multifamily properties.
Grandbridge Real Estate Capital Announces COO’s Retirement Plans
Grandbridge Real Estate Capital today announced the upcoming retirement of the company’s President and Chief Operating Officer David A. Roberts. The announcement was made by Chairman and CEO Thomas S. Dennard
Economy Watch: Downswing in Apartment Construction
The Census Bureau reported that housing starts came in at an annualized rate of 836,000 in June, or 9.9 percent below the May total of 928,000.
Zillow Launches ‘Featured Properties’ for Multifamily Professionals; Celebrates New Service with Airfare Give Away
Featuring your multifamily property provides you with exposure across all of the Zillow Rental Network’s online renter destinations.