Regions
All-Glass Luxury L.A. High-Rise to Break Ground in September
A 22-story, 290-unit apartment community will break ground in September in the South Park district of Los Angeles.
Tallest Building in Europe Officially Inaugurated
The Shard, standing at 310 meters (1,016 feet), is officially the tallest building in Europe.
Trigild’s Liquidation Plan for SCI’s $1.6B Investment Portfolio
Trigild’s CEO has been appointed liquidating trustee over the bankruptcy of Secured California Investments Inc. and SCI Real Estate Investments LLC.
TODAY’S DEALS: HFF Closes Sale of $130M Loan
HFF sells a loan secured by a Charlotte asset; MG Properties buys two California communities; and The Community Development Trust and LINC Housing Corp. form a joint venture to purchase a 60-unit asset in California.
Austin Property Wins NAA Community of the Year Designation
The National Apartment Association tapped Gables Park Plaza in Austin as its Paragon Community of the Year at the NAA Education Conference & Exposition in Boston.
CDT Teams with LINC Housing Corporation on Purchase Affordable Housing Development in Fresno
The Community Development Trust has partnered with LINC Housing Corporation, a Long Beach-based nonprofit builder of affordable housing for low-income families, seniors, and people with special needs, to purchase a 60-unit affordable housing development in Fresno, Calif.
Oracle Signs 200,000 SF Lease at Under-Construction Office Park in Romanian Capital
With CEO Larry Ellison putting the finishing touches on his Hawaiian island acquisition, Oracle has not put its international expansion on the back burner.
SPECIAL REPORT: Colorado Wildfire Evacuees Find Opportunities for Temporary Housing
One resource that has already been of tremendous help is a one-stop-shop database specifically designed to connect evacuees to property management companies offering special deals.
Suburban Twin Cities Apartments Sells for $22.7M
Newport on Seven, a 167-unit apartment property in suburban Minneapolis, has traded hands for about $22.7 million, or over $136,000 per unit.
TODAY’S DEALS: Trammel Crow Starts Second Phase of Austin TOD
Trammel Crow begins a 246-unit asset; The Morgan Group breaks ground on a project in Jacksonville, Fla.; and NorthMarq Capital arranges a $35 million payoff of tax-exempt bonds.