Regions

Hoboken’s Park Place Captures Smart Growth Gold Award

Park Place, a 212-unit mixed-use development currently under construction in Hoboken, N.J., has been awarded a 2013 Smart Growth Gold Award, bestowed by the Hudson County Planning Board.

Massive Italian Resort Project Moves Along as Redevelopment Initiative Packs Punch

One of the most ambitious and audacious hospitality projects in recent years sparked up back in 2007 when German tourist brand TUI AG purchased a struggling settlement in the Italian region of Tuscany with the clear intention of turning it into a new type of attraction.

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