Regions
TODAY’S DEALS: GID Announces Phase II of Dallas Mixed-Use Development
GID Development reveals more details on its Dallas project; The Alexander Anderson Real Estate Group arranges $9.5 million for a 40-unit asset in Union City, N.J.; and Eastern Union’s $25 million in financings yield interest rates of 3.25 and 3.5 percent.
The Bozzuto Group Celebrates 25th Anniversary With Several Key Promotions and a Leadership Transition
The Bozzuto Group announced several changes to its executive team as the company begins to celebrate its 25th Anniversary. The announcements were made today by The Bozzuto Group Chairman and CEO Thomas S. Bozzuto.
Related Companies Names Matthew Finkle President of Related Affordable
Related Companies announced that Matthew Finkle has been named president of Related Affordable.
Construction of West Knox County Apartments Under Way
Work has started on Wellsley Park at Deane Hill Apartments. The development is a partnership between the Sterling Group and Braxton Development.
One Museum Mile Attracting Local and International Buyers
More than half the homes at the new Fifth Ave. residential condominium One Museum Mile have closed or are in contract.
Economy Watch: Homebuilder Confidence Sees Downtick
For the homebuilding industry, the last year or so has been one of increasing optimism, buoyed by increasing sales.
New Owner for El Paso Apartments
Mountain Shadows Apartment Homes in El Paso has traded hands. Both the buyer and seller were private investors, with the seller based in Colorado but the buyer locally based.
Joint Venture to Develop Mixed-Use Community for the San Francisco Transbay Project
A joint venture, including Avant Housing LLC, AGI Capital Group, TMG Partners, CalPERS, Essex Property Trust and BRIDGE Housing, was selected to negotiate with the Successor Agency to the San Francisco Redevelopment Agency to build a mixed-used development on Transbay Block 9 in San Francisco’s SoMa District.
TODAY’S DEALS: Centerline Refinances Three Wisconsin Assets
Centerline provides $15.5 million for three Wisconsin properties; a 298-unit asset goes up for auction in Raleigh, N.C.; and NorthMarq Capital arranges $19.4 million, with prepayment and cash-out, in life insurance company refinance.
Thomas D. Beaton Promoted to Senior Vice President, Management
The Dolben Company Inc., a full-service Boston-based real estate company, announced that Thomas D. Beaton has been promoted from vice president of property management to senior vice president, management.