Regions

Forum Architecture & Interior Design to Begin Construction on Florida Seniors Community

Forum Architecture & Interior Design Inc., an Altamonte Springs, Fla.-based architectural firm, has started construction on a 173-unit seniors multifamily community in Wildwood, Fla.

Related Companies Names John R.S. Jacobsson Executive Vice President

Related Companies today announced that John R. S. Jacobsson has been named executive vice president.

Progressive Student Housing Planned for Tallahassee

Plans have been announced by Parkland Development Corporation to build a 782-bed student apartment community in Tallahassee called The Forum at Tallahassee.

Economy Watch: Home Prices Balloon in January

The parade of residential real estate revival numbers continues: CoreLogic reported on Tuesday that home prices nationwide, including distressed sales, increased year-over-year by 9.7 percent in January 2013.

TODAY’S DEALS: Cassidy Turley Arranges $129M in Construction Equity, Debt Financing for Insight Property Group

Cassidy Turley arranges $129 million in construction equity and debt financing on behalf of two Insight Property Group developments; Colonial Properties Trust buys a 280-unit community; and The RADCO Cos. acquires a Chicago-area property for $27.9 million.

Award-Winning N.J. Community 90 Percent Occupied

140 Mayhill, a 158-unit luxury multifamily property in Saddle Brook, N.J., which opened in 2009, is currently more than 90 percent occupied, according to developer and owner Value Companies Inc.

California REIT Buys Kansas City Apartments

Steadfast Income REIT Inc. has acquired Library Lofts East in Kansas City, Mo., for $12.75 million. The property is a 118-unit historic loft conversion in downtown, an area that has been renovated extensively in the past decade.

Bascom Arizona Ventures Acquires $36.7M Community

Bascom Arizona Ventures has closed the acquisition of the Highlands Apartments, a 272-unit property in Scottsdale, for $36.7 million. It’s the eighth apartment property that the company has bought in Arizona.

Solhem Companies and TE Miller Developing 213-unit Community in Seven Corners

Twin Cities-based Solhem Companies and TE Miller Development have teamed to develop 7west, a 213-unit apartment complex situated in Minneapolis’ vibrant neighborhood of Seven Corners, near the University of Minnesota.

Circumspex Signs On Again as an IREM® Industry Partner

The Institute of Real Estate Management (IREM®) announced that Circumspex LLC has become a 2013 IREM® “Industry Partner,” continuing the mutually rewarding relationship between the two organizations that was formalized in 2011.