Regions
Thor Urbana Capital Launches a Half a Billion Dollar Investment in Mexico
Thor Urbana Capital recently announced that it is launching a major investment project, estimated at around half a billion dollars, across Mexico.
Red Capital Analytics Introduces the Industry’s First Comprehensive Suite of Price Indices for Commercial Real Estate
Real Capital Analytics (RCA) recently announced the launch of the RCA Commercial Property Price Indices (RCA CPPI).
Commercial/Multifamily Mortgage Delinquency Rates Down in Third Quarter
Delinquency rates decreased for commercial and multifamily mortgage loans in the third quarter, according to the Mortgage Bankers Association’s Commercial/Multifamily Delinquency Report.
Number of Improving Housing Markets Surges to 201 in December
The number of housing markets considered “improving” according to parameters established by the National Association of Home Builders/First American Improving Markets Index surged by 76 to a total of 201 metros in December.
Jordan’s Highest Residential Tower Tops Out
Jordan’s future tallest residential tower is well on its way to completion, with developer DAMAC Properties announcing the topping out of the 36-story The Heights.
MARKET SNAPSHOT: Absorption in Cincinnati Expected to Reach 14-Year High as Manufacturing Booms
The City of Seven Hills is witnessing a surge in manufacturing positions that is translating to heightened employment overall and a sustained demand for rental units.
Corvias to Develop Student Apartments for Alabama College of Osteopathic Medicine
Corvias Campus Living, the new student housing division of Corvias Group, will build and manage three 30,864-square-foot residential apartment buildings for the Alabama College of Osteopathic Medicine.
Economy Watch: ADP Says Sandy Put Dint in Hiring
Automatic Data Processing, which prepares hiring numbers in cooperation with Moody’s Analytics every month, said that the U.S. private sector created 118,000 jobs in November, a drop from the 157,000 the company reported in October.
Riverstone Residential Group Announces Senior Vice President Appointments
Riverstone Residential Group, a privately owned, third-party multifamily property management company, announced the appointments of two key leadership associates, Lesa LaRocca and Mark McElvain, ARM, CPM.
TODAY’S DEALS: Manhattan High-Rise Lands $130M Refi
HFF arranges $130 million for a high-rise in New York; AIMCO breaks ground on a $32.6 million renovation in California; and Berkadia identifies the best lending source for a Texas community.