Regions

IHG Debuts Crowne Plaza Madinah Near Second Holiest Spot in the Islamic World

Intercontinental Hotels Group has announced the opening of its latest hospitality venue, Crowne Plaza Madinah.

Affordable Seniors Multifamily Community Completed in N.Y. State

A new seniors housing community called Amber Grove has been completed in New Windsor, N.Y., about an hour’s drive north of New York City.

Economy Watch: US GDP Expands Modestly

The Bureau of Economic Analysis reported that U.S. GDP grew at an annualized rate of 2.5 percent during the first quarter of 2013.

Performance Venue Started at Suburban D.C. Mixed-Use Project

Federal Realty Investment Trust and Strathmore have formed a partnership to create a new performance venue at Pike & Rose, a 24-acre, mixed-use development in the White Flint Development District in Montgomery County, Md.

TODAY’S DEALS: Greystone Closes $43.8M for San Jose Asset

Greystone provides financing for a 434-unit community in San Jose; Enterprise Homes closes loans totaling nearly $30 million for two new affordable senior assets in Baltimore County; and Hudson Realty Capital funds a $5.5 million construction loan for a school conversion.

McCann Realty Breaks Ground on Second Phase of Florida Garden-Style Community

McCann Realty Partners LLC has started construction on the second phase of the Vista at Lost Lake Apartments in Clermont, Fla., which will include adding 192 units

Emirates Airline to Build Five Residential Towers at Dubai Silicon Oasis

Emirates Airline is adding to its rapid expanding aviation empire property development after recently signing an agreement with Dubai Silicon Oasis Authority.

Jones Lang LaSalle Launches Hong Kong Luxury Serviced Apartments

Jones Lang LaSalle has announced the launch of Hong Kong’s newest luxury residences.

Real Estate Capitals Teams With Vedura Residential to Develop $20M Apartment Community

Real Estate Capital Partners of New York and Vedura Residential of Scottsdale, Ariz., have formed a joint venture to develop Elevation Chandler, a 163-unit luxury apartment community located in Chandler, Ariz.

Five Oaks Investment Corp. Announces the Appointment of David Akre as Managing Director at Oak Circle Capital Partners LLC

Five Oaks Investment Corp. announced that David Akre has joined the senior management team of Oak Circle Capital Partners LLC, the Company’s external manager, as a managing director.