Regions

Altman Plans Another Florida Apartment Property

The Altman Cos. has unveiled plans for Altis at Sheridan Village, a 300-unit apartment property on 34 acres in western Pembroke Pines in Broward County.

TODAY’S DEALS: Berkeley Point Arranges $28.179M Construction Loan for TDK

Berkeley Point Capital LLC recently facilitated a $28.2M Federal Housing Administration (FHA) insured loan at an interest rate of 2.89 percent; and Alliant Capital closes on a $2.4M acquisition loan.

Pennrose Senior Development Awarded LEED Silver Certification

Pennrose, a Philadelphia-based real estate development company, achieved LEED Silver certification by the U.S. Green Building Council for its Neston Heights Senior property, located at 210 Jones Houston Way in Easton, Pa.

Economy Watch: Income, Spending Rise in September

Despite the inclement weather along the eastern seaboard, the Bureau of Economic Analysis published new statistics on personal income and spending on Monday, and they were better than expected.

DelShah to Take 22 Renwick to Completion

DelShah Capital LLC has acquired the mortgage debt at 22 Renwick St., a 19-unit condo property with one floor of commercial space.

TODAY’S DEALS: HFF Arranges $96M Financing on Behalf of LCOR

HFF placed two fixed-rate loans with Allianz Real Estate of America; and Glassover, Catalyst broker off-market Florida sale.

Rehabilitation Complete on Cow Bay Apartments in Port Washington, N.Y.

A celebration was held October 16 to mark completion of the $7.8 million rehabilitation of Cow Bay Apartments, an 88-unit affordable housing community in Port Washington, N.Y., on Long Island’s North Shore.

Home Properties Breaks Ground on Pennsylvania Luxury Community

Home Properties Inc., a publically traded REIT with properties in the Northeast and Mid-Atlantic markets, announced that ground has been broken on The Courts at Spring Mill Station in Whitemarsh Township, Conshohocken, Pa.

Economy Watch: 3Q GDP Surprises Slightly on the Upside

The Bureau of Economic Analysis reported on Friday that U.S. real gross domestic product increased at an annualized rate of 2 percent during the third quarter.

Vitus Group Plans Renovation on Six Affordable Communities

Vitus Group, an affordable housing development company, announced that it plans to renovate six apartment communities across four counties in Washington.