Regions
Campus Apartments Appoints Vice President of Management Services
Campus Apartments, a privately held providers of student housing, announced the appointment of Casey Van Zandt to vice president of management services.
AvalonBay, Equity Residential Commit to Archstone Buy
AvalonBay Communities and Equity Residential have entered into an agreement with Lehman Brothers Holdings to acquire a respective 40 percent and 60 percent stake of Archstone Enterprise LP, a transaction that involves 66 communities across the country.
Mortgage Borrowers May Be Leaving Money on the Table by Using Less Effective Mortgage Shopping Strategies
A new study from Fannie Mae finds that many Americans do not adequately investigate or fail to understand fully the choices available to them when shopping for a mortgage.
CoStar Predicts Housing Shortages and Construction Boom
A new report by the CoStar Group shows that those worrying about housing shortages are justified, and an increase in construction should begin within the next year or two.
Economy Watch: Greece, Sandy to Cost Many Billions
At the conclusion of the latest round of marathon meetings in Brussels, euro-zone finance ministers optimistically asserted that they’ve hit on a formula for putting the Greek economy on a more sound footing.
CRE Organizations NYSAFAH and AAREPNY Form Partnership
The New York State Association for Affordable Housing and the African American Real Estate Professionals of New York have inked a one-year formal partnership.
Renaissance Centro Develops 360-Unit Luxury Community
Virginia-based developer Renaissance Centro announced that it has broken ground on Parc Reston, a multifamily community in Reston, Va.
TODAY’S DEALS: St. Anton Partners Lands $52M in Construction Financing
U.S. Bank provides $52M for a San Jose development; Boston Capital provides financing for two affordable communities; and NorthMarq Capital arranges a $17.7M mortgage.
Emaar Properties Expanding Arabian Ranches in Dubai
Emaar Properties PJSC, the Dubai-based global property developer, has announced it will be expanding Arabian Ranches, its master-planned community set within the desert, a few miles out of Dubai.
Yoma Strategic Holdings Agrees to Purchase 80 Percent Stake in Two Million-Square-Foot Mixed-Use Development in Yangon
Yoma Strategic Holdings Ltd. announced that it has entered into a sale and purchase agreement with Serge Pun & Associates Limited to acquire rights to participate in the development of around 10 acres of land in downtown Yangon, Myanmar.