Regions
Luxury Rental Set for Historic Site in N.C.
The proximity of Durham, N.C.’s historic Ninth Street District to many of the city’s landmarks makes the area perfect for developers eyeing potential multifamily rental sites.
Today's Deals: Security Properties Acquires Interest in Four Assets
Security Properties purchases an interest in four West Coast communities; Crescent Resources begins a 303-unit luxury development in Durham, N.C.; and Walker & Dunlop supplies a $6M loan under Fannie Mae’s Early Rate Lock.
NYC's Most Expensive Rental Is on the Market
New York doesn’t come cheap. And now Manhattan’s most expensive rental apartment, the Astor Suite at The Plaza Hotel, is on the market for $165,000 per month.
Bozzuto Group to Do Another Major Mixed-Use in D.C.
Giant Food of Landover, Md., has picked the Bozzuto Group as partner for its development of Cathedral Commons, a mixed-use project in northwest Washington, D.C.
Today's Deals: Pollack Shores Breaks Ground on $40M Community in Orlando
Pollack Shores Real Estate Group breaks ground on a TOD in Orlando; CBRE completes the sale of a 344-unit high-rise in Chicago; and Tikijian sells a stabilized lakefront property in the Indianapolis metro.
MARKET SNAPSHOT: Milwaukee Reports a Low Average Vacancy for Midwestern Market
Milwaukee has doubled its job growth in the last year; coupled with virtually no new construction, the market has one of the lowest vacancies in the Midwest.
Multifamily Sector to Remain at Top of Investors' List in 2012
The multifamily sector has been investors’ flavor of the year, and as per the results of commercial real estate services firm Jones Lang LaSalle’s Apartments Outlook 2012 Survey, it appears the sentiment will continue in 2012.
Ground Breaks on More Riverfront Apartments in N.J.
Work has begun on the Estuary, a 589-unit residential complex on the waterfront in Weehawken, across from Manhattan.
Today's Deals: Harbour Realty Snags 280 Units in Chicagoland
Harbour Realty Partners purchases 280 units in Chicagoland; Passco Companies buys a 212-unit golf-oriented community; Greystone originates $15.8 million for a property in Florida; and Walker & Dunlop provides a $6.1 million loan under Freddie Mac’s CME program.
7 Reasons D.C. Is Experiencing a Strong Multifamily Market
Multifamily investment in 2011 has been the golden child of commercial real estate. With strong economic and employment fundamentals, large metros such as Washington, D.C., have attracted investors.