Regions
Economy Watch: Sandy Put Dent in Incomes, Spending
U.S. personal income, which had been edging upward in recent months, stayed essentially flat in October, according to the Bureau of Economic Analysis.
First Phase of Suburban Boston Apartments Open
The first phase of Alta Brigham Square in Arlington, an inner suburb of Boston, has opened.
TODAY’S DEALS: Jones Lang LaSalle Closes $58.75M Sale of Nashville Property
Jones Lang LaSalle’s Capital Markets experts completed the sale of Eleven North, a rare Class A, institutionally owned apartment community; and HFF arranges the sale of, and financing for, a 1,447-unit Camden portfolio.
Real Estate Predictions for 2013 from Industry Experts
With 2012 coming to a close, experts are predicting how the real estate industry will fare in 2013.
Dexus Property Group’s 1 Bligh Street Recognized as World’s Most Innovative High-Rise Building as Group Expands Melbourne Portfolio
Deutsches Architekturmuseum, in association with DekaBank and Stadt Frankfurt am Main has awarded The International High-rise Award 2012 to 1 Bligh Street, Sydney.
Affordable Seniors Housing Opens in Heber City, Utah
The grand opening of Prestige Senior Living Center, a 23-unit affordable senior housing community in Heber City, Utah, took place earlier this month.
Economy Watch: GDP Expands More Than Thought
The Bureau of Economic Analysis revised its estimate of real U.S. GDP to an annualized 2.7 percent in the third quarter, compared with the initial estimate of 2 percent.
Archstone Acquires Silicon Beach Property
The Frank, a Venice, Calif. multifamily property, was the subject of a recent deal resulting from an Archstone-sponsored partnership.
Apartments Planned for Suburban Augusta
Fickling & Co. is preparing to break ground on the Lullwater at Riverwood apartments in Evans, Ga. Construction will begin early next year on phase one, which will consist of 212 units; a planned second phase will bring that total to 350 units.
Brooklyn Skyscraper to be Completed Using Modular Construction
Skanska USA and Forest City Ratner Companies are breaking ground on B2, the first residential tower that is part of the Atlantic Yards Development in Brooklyn, N.Y.