Regions
Brookfield Breaks Ground on $4.5B Manhattan West
The first phase of Brookfield Office Properties’ newest and largest development in New York City kicked off with a groundbreaking event with Mayor Michael Bloomberg and other city and real estate officials.
Preliminary TIF Plan Moves Forward on Pittsburgh’s River
The Urban Redevelopment Authority has initiated a historic tax increment financing (TIF) process for the nearly $1 billion redevelopment of the former LTV Steel site along the Monongahela River in Hazelwood.
PRIMEDIA and Kingsley Associates Launch Industry’s First Free Certified Resident Ratings & Reviews Service
PRIMEDIA recently launched its Certified Resident Ratings & Reviews℠ service for property operators, the first free-of-charge online ratings and reviews service compiled from certified residents.
TODAY’S DEALS: EdR Begins On-Campus Asset at West Chester University
EdR closes financing on and begins a new project; M West Holdings completes a 101-unit buy in Los Angeles; and Eastern Union arranges $25 million in financings.
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.