Regions
TODAY’S DEALS: LocalConstruct Acquires Second Colorado Springs Asset in Six Months
ARA closes a 200-unit sale in Colorado Springs; Grandbridge arranges $30.8 million for two Florida properties; and Essex Realty Group brokers the sale of a mixed-use property for $3.2 million.
Auction.com Names Michael Callahan as Executive Vice President, Chief Legal Officer and Secretary
Auction.com announced that Michael Callahan has been named executive vice president, chief legal officer and secretary.
Broward County Housing Authority Receives $895K to Provide Rental Assistance to Homeless Veterans
The U.S. Department of Housing and Urban Development (HUD) has awarded Broward County Housing Authority (BCHA) $895K in supportive housing assistance to help chronically homeless military veterans and their families find a permanent place to call home.
SoCal Rental Community on Track for February 2014 Completion
A rental community featuring both townhomes and apartments is being developed on a 1.1-acre parcel in southern Garden Grove, a city in the heart of Southern California’s Orange County.
Economy Watch: Employment Increase Broad-Based in June
The jump in employment reported by the Bureau of Labor Statistics, a nationwide increase of 195,000 jobs, was fueled by a number of sectors—leisure and hospitality, professional and business services, retail trade, healthcare and financial activities.
TODAY’S DEALS: Meridian Negotiates Loans Totaling $72.6M for Properties in NYC
Meridian Capital Group LLC extended financings totaling $72.6 million to mixed-use, multifamily and cooperative properties; and Grandbridge Real Estate Capital arranged a $17.7 million CMBS loan for a property in Missouri.
Trammell Crow Company Selected as Development Company for Colo. TOD
Trammell Crow Company recently announced it has been selected as the preferred development company by the Executive Oversight Committee to begin negotiations on a transit-oriented community in the Arvada Olde Town site in Arvada, Colo.
Kennedy Wilson Acquires Premier Residential Property in Dublin
International real estate investment and services firm Kennedy Wilson has purchased a 50 percent interest in a premier 420-unit multifamily asset located on the south bank of the River Liffey in Dublin.
NCC Lands $61M Stockholm Royal College of Music Contract
Leading construction and property development company NCC has announced receiving the circa $61.62 million (SEK413 million) contract to build the new Royal College of Music in Stockholm, a project worth $119.38 million (SEK800).
Upcoming Webinar to Outline Legislative and Regulatory Trends in Submetering, Utility Management
Join us in a webinar that will address important legislative and regulatory trends that will impact submetering and other forms of utility and energy management.