Regions
New Student Housing Opens Featuring Townhouse-Style Apartments
Bison Run Village, the new 332-bed student housing community at the University of Wyoming includes 15 residential buildings and a 4,000-square-foot community center.
TODAY'S DEALS: Florida Asset Trades for $42M
ARA arranges the sale of a Florida asset for $42 million; The RADCO Cos. acquires a 402-unit portfolio in Georgia; and Walker & Dunlop provides a $9.5 million interim loan for a stabilizing property.
Cranes Move, Construction Begins at Buckhead Atlanta
By Georgiana Mihaila, Associate Editor Lifeless cranes will no longer stand watch over the luxury mixed-use development formerly known as Streets of Buckhead; developer OliverMcMillan, who took over the project in May 2011, has reportedly restarted work on the 1.5-million-square-foot mixed-use project now entitled Buckhead Atlanta. The Atlanta Business Chronicle reports that the San Diego-based […]
Private Investment Venture Snags All Foreclosed Properties in Macomb County for $4.9 M
By Veronica Grecu, Associate Editor Former yacht dealer and millionaire Bill McMachen and an unnamed partner snapped up all foreclosed properties in Macomb County at a public auction held last week at Freedom Hill in Sterling Heights. For $4.9 million or an average of $7,500 per property, the two buyers acquired an unprecedented lot of […]
Demand Running High for San Diego’s New Domain by Alta
Wood Partners, developer of the new $90 million luxury apartment community Domain by Alta-San Diego, has announced that the community is already 30 percent leased, a little more than two months after its June opening.
Economy Watch: Drought Worsens, Global Food Prices Will Go Up
Food prices are expected to surge worldwide as part of a cascade of ill effects from the intense drought in the United States.
TODAY'S DEALS: NorthMarq Arranges $24.1M for Tampa Asset
NorthMarq Capital arranges a $24.1 million loan; Prudential Mortgage Capital closes $70 million for five senior living residences; and YAM Management buys an Indiana skilled nursing facility for $12.9 million.
Should Apartment Owners be Worried About Rising Home Sales in Texas?
In a report that might have long-term implications for the multifamily industry in Texas, which has been having a very good run lately, single-family home sale momentum seems to be returning to the state.
Boston Wharf Tower Project Tabs Suffolk Construction
Construction management at the $77 million Boston Wharf Tower project has been awarded to Boston-based Suffolk Construction Company.
Economy Watch: Mortgage Delinquencies See Uptick
U.S. mortgage delinquencies edged up a bit in the second quarter, according to the Mortgage Brokers Association on Thursday.