Regions
Three Squares Develops Multifamily Shipping Container Construction
Three Squared is planning America’s first multifamily dwelling constructed from retired shipping containers in Detroit, which will help save money and environmental resources.
Economy Watch: Non-Manufacturing Activity Sees Uptick
Economic activity in the U.S. non-manufacturing sector grew in October for the 34th consecutive month, according to the latest Non-Manufacturing ISM Report On Business, which was released on Monday.
Rockrose Apartments to Feature Concierge Services for Dogs
Rockrose, a New York-based real estate company, has partnered with The Spot Experience, a dog services provider, to provide dog concierge services to eight of their buildings.
SPECIAL REPORT: Hurricane Sandy’s Impact on Multifamily in the Northeast
Despite the destruction of Hurricane Sandy, the multifamily industry in the Northeast is heading back toward a feeling of normalcy.
Affordable TOD Development Breaks Ground in Miami
Work has started on the first phase of 7th Avenue Transit Village, a mixed-use property with an affordable housing component on 2.3 acres in Miami’s Liberty City.
Renovation Complete at Pemberton Manor in Maryland
A $1 million renovation of Tryko Partners-owned Pemberton Manor Apartments in Salisbury, Md., which involved extensive physical upgrades and enhanced outreach programs, is complete.
Economy Watch: A Variety of Businesses Hiring in October
The Bureau of Labor Statistics’ October employment numbers noted that a fairly wide variety of businesses were doing some net hiring during the month.
Cardinal Group Investments Purchases Portland Property for $77.5 Million
Cardinal Group Investments has purchased the RiverPlace Square community in Portland from Prudential Life Insurance company for $77.5 million.
TODAY’S DEALS: Commercial Property Advisors Brokers $2.067M Sale of LIHTC Property
Commercial Property Advisors brokers a $2.067 million sale of a LIHTC property; and NorthMarq arranges a $18.98 million loan.
Construction Begins On Hyatt Hotel’s First Extended-Stay Property in the Caribbean
On October 29th, a groundbreaking ceremony marked the start of construction on the new Hyatt House San Juan, the first extended-stay property to be developed in Puerto Rico.