Regions
Monadnock Breaks Ground on Largest Affordable Community in Long Island City Development
The largest affordable housing community to be developed in New York City in more than 30 years has broken ground at Hunter’s Point South in Long Island City.
DAMAC Properties and Paramount Unveil $1B Luxury Hospitality Project in Dubai
Paramount Hotel & Resorts, the official licensee of legendary movie production studio Paramount Pictures, has partnered with real estate giant DAMAC Properties to develop a $1 billion four-tower mega project in the heart of downtown Dubai.
SPECIAL REPORT: Knakal Says New York City Sales Market is ‘Phenomenal,’ Land Prices ‘On Fire’
Robert Knakal, chairman of Massey Knakal Realty Services, said the New York City commercial property investment sales market is currently red hot, but warned that sustained periods of low interest rates lead to real estate bubbles.
Lowe Enterprises Investors Names New SVP
Andrew I. Sands has joined Lowe Enterprises Investors (LEI) as senior vice president to lead the firm’s growing multifamily investment activities.
Oak Grove Capital Welcomes Ryan Cahalan, Expands Chicago Office
Oak Grove Capital, a national provider of real estate financial services, announced that Ryan Cahalan has joined the St. Paul-based mortgage lender as a vice president.
Affordable Housing Under Way in Fort Lauderdale
Carlisle Development Group and the Housing Authority of the City of Fort Lauderdale have broken ground on Northwest Gardens, Phases II and IV.
$750 Million Mixed-Use Project in Vancouver Will be Waste-Heat Powered Via Innovative System
Canadian-based telecommunications company Telus recently announced FortisBC would operate a regulated utility within the $750 million, 1-million-square-foot Telus Garden mixed-use development in downtown Vacouver.
Sports-Oriented Mixed-Use Development in Berlin Promises to Reshape Urban Communities with Clear Focus and Theme
Developer Moritz Gruppe has come up with a new vision for a large sports-themed mixed-use project.
TODAY’S DEALS: Walker & Dunlop, ARA JV Closes $110M in Loans
A Walker & Dunlop, ARA joint venture completes five financings valued at $110 million; Centerline provides $21 million in acquisition financing; and HFF supplements a first mortgage with a $5.3 million loan.
Mayer Brown Expands Real Estate Practice with Addition of Brian Davis as Partner in Chicago
Mayer Brown, a leading global law firm, announced today that Brian Davis has joined the firm in Chicago as a partner in the Real Estate practice. Previously, he was a partner in the Chicago office of Kirkland & Ellis.