Regions

Fortress Real Capital Closes Deal to Fund Mixed-Use Development on 1.68-Acre Burlington Waterfront Land

Mady’s latest mixed-use development project, sitting on 1.68 acres of prime waterfront land on the shores of Burlington, has landed a financing agreement.

As Google Unveils New London HQ, King’s Cross Redevelopment Program Flourishes

Tech giant Google has marked the real estate market during the past years with high-profile leases and property acquisitions in cities such as New York, London and Dublin, always putting its creative, alternative stamp on the office space it took over.

Fenway Center Mixed-Use Development Gets Go-Ahead

After a number of years in development limbo, the first phase of the long-delayed Fenway Center development has been given the green light for construction.

Economy Watch: The Economy Creates 195k Jobs in June

The Bureau of Labor Statistics reported that the U.S. economy created 195,000 jobs in June, a bit more than the average increase for the last 12 months, which is 182,000.

Upscale Apartments Slated for North Carolina

A $40.1 million, Class A, 322-unit garden-style apartment community is on the drawing boards for Durham, N.C.

TODAY’S DEALS: Bascom Closes on 121-Unit Asset in San Jose Suburb

The Bascom Group completes a $27.6 million buy; SBV Communities acquires its fourth asset in Greensboro, N.C.; and HFF secures financing for The Laramar Group.

South Florida LIHTC Property on the Block

The Royal Castle Cos., the developer and owner of the Villas de Mallorca, a 252-unit apartment property in Miramar, Fla., has put the property on the market.

Costa Hollywood Breaks Ground Fla. Luxury Condos

Liberty Grand LLC has broken ground on the Costa Hollywood Condo Resort in Hollywood Beach, Fla. The community is already 50 percent sold.

Mortgage Applications Decrease as Rates Reach Two-year High in Latest MBA Weekly Survey

Mortgage applications decreased 11.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 28, 2013.

Yardi Acquires Pierce-Eislen

Yardi® announced today that it has acquired Pierce-Eislen®, a supplier of property- and market-level research and reporting for the multifamily industry in 58 markets throughout the U.S.