Regions
New Annapolis Apartment Property Begins Leasing Effort
Leasing has started at Crosswinds, a midrise apartment development in Annapolis Towne Centre. A Bozzuto Group development near downtown Annapolis, the property will offer 215 units when completed this summer, with studio, and one- and two-bedroom apartment options.
Johnson Capital Expands as Colin Barnard Joins as VP in new Walnut Creek, Calif. Office
Johnson Capital, a national real estate capital advisory firm, announces that Colin Barnard has joined the firm as vice president in the company’s recently opened Walnut Creek office.
TODAY’S DEALS: The Morgan Group Breaks Ground in Fort Lauderdale
The Morgan Group begins a 331-unit asset; Beech Street Capital closes $17 million for a student housing portfolio in Alabama; and HFF closes on the sale of a 207-unit Upper West Side multi-housing property.
Eastern Union Funding Names Shai Romirowsky VP of Bethesda Office
Eastern Union Funding, a privately owned commercial mortgage company, has added Shai Romirowsky as vice president. He will be based in the company’s Bethesda, Md. office.
I.M. Pei Turns 96; His N.Y. Condo Project is 80 Percent Occupied
I.M. Pei, the noted Chinese-American architect and oldest living Pritzker Prize winner, turns 96 today. His only condominium project, The Centurion in New York City, is currently 80 percent sold.
BIG Architects Selected to Design Green-Roofed Mega Development in Suburban Paris
Danish architectural firm Bjarke Ingels Group (BIG), along with Tess, Transsolar, Base, Transitec and Michel Forgue will design Europa City, a massive mixed-use development planned for the greater Paris area.
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.