Regions
Concern for Independent Living Opens 90-Unit Mixed-Use Supportive Housing Project in Brooklyn
Concern for Independent Living, a nonprofit provider of supportive housing, has opened The Concern Heights Apartments in the Crown Heights section of Brooklyn, N.Y.
$21M Seniors Housing Community Breaks Ground in Fla.
Ground has been broking on HarborChase of Villages Crossing, a senior housing and assisted living community in Lady Lakes, Fla. The community has a $21.6 million construction budget and is expected to open in late 2013.
TODAY’S DEALS: NorthMarq Arranges Five-Year Bank Loan for Purchase in Prime NYC Location
NorthMarq arranges a five-year bank loan for purchase of retail condo in prime New York City location; and Ridge Capital purchases a California property for $19.625 million.
SPECIAL REPORT: Exchanging News and Views at Expo Real
MHN reports from the Expo Real 2012 International Trade Fair for Commercial Property and Investment, held at Messe München International in Munich, Germany.
Economy Watch: IMF Scales Back World Growth Predictions
The International Monetary Fund said on Monday in its most recent “World Economic Outlook” that it now expects the world economy to grow by 3.3 percent during 2012, down from its July prediction of 3.5 percent.
Booming Residential Markets Ignite Portland, Seattle Multifamily Sales
By Alex Girda, Associate Editor Two residential properties recently traded hands in the Pacific Northwest, totaling $88 million and intensifying speculation that Seattle and Portland are both about to experience apartment booms. An improving business environment spurred by corporate residents such as Microsoft Corp. and Amazon.com combined with the larger notoriety major cities such as […]
Goldstar Closes on Fractured Condo Deal in Virginia
The Goldstar Group has acquired 265 rental condo flats and townhomes at Barracks West in Charlottesville, Va., for $13.3 million in an off-market sale.
University of Louisiana Lafayette Completes $100M Housing Renovation
Ambling University Development Group recently completed a two-year, $100 million housing initiative for the University of Louisiana Lafayette.
TODAY’S DEALS: HFF Arranges $47M Financing for 77 West Huron in Chicago
HFF arranges $47 million in financing for 77 West Huron in Chicago; and Alliant Capital provides a $2.23 million loan.
Aragon Holdings Purchases Sixth San Antonio Property
Carmel at Deerfield, a 228-unit Class-B multifamily rental property in San Antonio, has been purchased by Aragon Holdings.