Regions
NorSouth Constructs Opens New Office in Metro Atlanta
NorSouth Constructs, a construction firm that specializes in building mixed-use, senior and multi-family communities, has opened a new office at 3295 River Exchange in Norcross, Ga.
TODAY’S DEALS: Walker & Dunlop Provides $27.4M for Military Communities in Washington
Walker & Dunlop provides $27.4 million to three assets near Joint Base Lewis McChord; Holliday Fenoglio Fowler closes a $19 million apartment sale in N.J.; and Marcus & Millichap Capital Corp. arranges a $5.5 million refinance for a Class C property at 75 percent LTV ratio.
RCD Breaks Ground on Affordable Seniors Community
Developer Resources for Community Development of Berkeley, Calif., and architect KTGY Group have broken ground on an affordable seniors community in Contra Costa County, Calif. The community, called Berrellesa Palms, will provide housing for seniors with chronic medical conditions.
Developer Plans Micro-Lofts in Downtown L.A.
In an off-market deal, real estate investment group TRG has acquired a 100-year-old apartment building near the planned Farmers’ Field in Downtown Los Angeles for $3.05 million. The company plans to redevelop the property as micro-loft units.
Moore Design Group to Partner in Dallas-Area Developments
Interior design firm Moore Design Group will partner with Dallas-based real estate company Alamo Manhattan Inc. in the development of two urban multifamily developments in the uptown and downtown areas of Dallas.
DAMAC Properties Launches Sea-Front Hospitality Project in Dubai Maritime City
Damac Properties, the largest luxury private developer in the Middle East, is planning to build a new luxury tower of serviced hotel residences in Dubai Maritime City.
Pennrose Announces Donald L. Miller Jr. as CFO
Pennrose, a real estate development and management company focused on multifamily communities, announced that Donald L. Miller Jr. has been named chief financial officer.
Equinix Expands Network of Singapore Data Centers in Collaboration with Mapletree Industrial Trust
Equinix, a company dealing with data centers and interconnection has partnered with Mapletree Industrial Trust, an entity that specializes in industrial real estate properties, in order to develop a new data center facility under its International Business Exchange brand in Singapore.
The Farran Group Breaks Ground on $19.5M Mont. Community
The Farran Group has broken ground on a new $19.5 million community in Missoula, Mont. The property is being developed on a former industrial site—a former lumber mill and distribution center.
NYC Condo Property Now Offers Bigger Units
It’s a mark of the recovery of the condo market in New York that condos aren’t only selling again, but demand is rising for larger units.