Regions
Portland Apartment Market Still Favors Landlords
Portland might not have the best local economy among markets its size, but it does have a certain ‘je ne sais quoi’ that attracts young people interested in the lifestyle that the city has to offer, according to the most recent report on Portland’s apartment market by investment property specialist Marcus & Millichap.
Behringer Harvard Starts Construction on Delray Beach Luxury Development
Construction has begun on a 180-unit luxury apartment community in Delray Beach, Fla., Behringer Harvard announced recently.
Economy Watch: State Unemployment Inches Upward
The Bureau of Labor Statistics reported on Friday—and got more attention than usual for it, because of the upcoming election—that regional and state unemployment rates were generally little changed or slightly higher month-over-month in July.
TODAY'S DEALS: Passco Buys 240-Unit Asset in South Carolina
Passco Companies buys a Class A asset; Behringer Harvard acquires a Dallas site for a joint venture development; and NorthMarq Capital arranges a $23.5 million refinance loan.
Undeveloped Tract Transformed into a $35M Mixed-Use Project in East Austin
By Camelia Bulea, Associate Editor Richard deVarga, a local developer and architect, and Robert Summers, an Austin attorney and arts advocate, recently bought 25 acres of undeveloped land in East Austin and plan to convert it into a $35 million mixed-use project that will include 150 residences along with public, studio and retail space. It […]
Chinese Developer Announces Residential and Commercial Developments in Two Very Different Markets
A Chinese development company has announced the beginning of works on two different real estate projects worth $35.3 million.
Economy Watch: Housing Starts Take Small Dip
According to the Census Bureau on Thursday, housing starts dropped in July to an annualized rate of 746,000.
New York Financial District Apartment Rents Headed Skyward
The apartment market in New York’s Financial District has heated up to pre-recessionary levels this summer, according to the latest report on the market by Platinum Properties.
TODAY'S DEALS: CBRE N.E. Sells 550-unit Massachusetts Asset
CBRE N.E. Partners sells a 550-unit TOD community; HFF secures $27 million for a Texas asset; and Johnson Capital arranges $20.1 million in 35-year amortization loans for two assisted-living complexes.
BRE and Bernards Break Ground on $105 Million Mixed-Use Community
Bernards and BRE Properties have broken ground on a $105 million mixed-used development in Los Angeles.