Regions
Canadian Investor Pounces on In-Development Brazilian Shopping Center; Expands Existing Local Asset
An under-development Sao Paulo shopping center, called Shopping Golden Square, was recently the object of a major investment by a real estate subsidiary of one of the largest Canadian institutional fund managers.
New Luxury Community Opens in Cherry Hill, N.J.
The Klein Company, a Philadelphia-based real estate company, has announced the opening of a new luxury apartment community in Cherry Hill, N.J.
Philly Affordable Housing Property Wins Refi
Meridian Capital Group has closed on a $10.5 million loan to refinance Cricket Court Commons, a 228-unit Low-Income Housing Tax Credit apartment community in Philadelphia.
TODAY'S DEALS: Harbor Group International Acquires Four-Property Portfolio for $131M
Harbor Group acquires a four-property portfolio; MC Companies buys a 170-unit Austin asset; and Beech Street refinances three assets in Connecticut to the tune of $16.7 million.
Woodfield Investments and Bozzuto Partner on Md. Multifamily Community
Woodfield Investments, a privately owned apartment development company, has partnered with Bozzuto Management Company on Hidden Creek, a 300-unit garden apartment community in Gaithersburg, Md.
Trump Brand Extends to India as Panchshil Realty Announces Trump Towers Pune
The Trump brand is entering the Indian real estate market as Panchshil Realty announces the launch of Trump Towers Pune in the cultural capital of Maharashtra.
MARKET SNAPSHOT: New Deliveries in Tucson Skyrocket to Highest Levels Since 2006; Rents Flatline
With local employment on the rise and median home prices well below the national average, multifamily in Tucson is seeing considerable renewal.
Economy Watch: Recovering Housing Market Buoys Fannie Mae
Fannie Mae reported on Wednesday that it had a net income of about $5.1 billion for the second quarter of 2012.
Multifamily Permits Continue to Rise on Annual Basis
Recent trends in multifamily permitting, which is a volatile indicator of multifamily construction, nevertheless show that there’s strong developer interest in building apartments in the post-Great Recession environment.
Condominiums to Open in NYC Woolworth Building
Alchemy Properties recently acquired a condominium interest in the top 30 floors of the Landmark Woolworth Building in Lower Manhattan. The company plans to create 40 residential units.