Regions
Construction Starts on $300M Mixed-Use Residential TOD in Suburban Dallas
Lewisville, Tex.–Hebron 121 Station, a 90-acre mixed-use residential development in Lewisville, Tex., takes a big step toward realization with the commencement of construction of the first phase of the $300 million, resort-style infill project.
Work Begins on Girls Club Mixed-Use Residential Project in NYC
New York–The Lower Eastside Girls Club (LESGC) in New York City is going to get a new home–a new 78-unit, mixed-use residential home.
DEAL OF THE DAY: Raintree Acquires Two-Property Portfolio for $65M
Carlsbad and Rancho Peñasquitos, Calif.,–Raintree Partners completed the acquisition of a two-property, multifamily portfolio for $65 million.
New Mixed-Use Housing Project to Boost Brooklyn’s Bed-Stuy Neighborhood
New York–The effort to revitalize Brooklyn, New York’s, Bedford-Stuyvesant neighborhood takes a step forward with the groundbreaking on The Bradford, a mixed-use, mixed-income apartment property that will produce 105 residences.
$137M Million Student Housing Completed at U of C Irvine
Irvine, Calif.–Austin-based American Campus Communities Inc., one of the larger owners of student housing nationwide, has completed a housing project at the University of California-Irvine.
Web Feature: Where and Why Are Prospects Looking for Apartments?
New York–A big factor in the success of a multifamily management or owning company is figuring out the answer to a basic question: where and why prospects are shopping for apartments.
DEAL OF THE DAY: NorthMarq Arranges $95.81M Tax-Exempt Bond Securitization for Multifamily Portfolio
Omaha, Neb.–John Reed, vice president of NorthMarq Capital’s Omaha Regional office, arranged a $95.81 million Freddie Mac tax-exempt bond securitization for a national bond portfolio owned by America First Tax Exempt Investors L.P.
Seniors Housing Occupancy Rates and Other Indicators Hold Steady in Third Quarter
Annapolis, Md.–According to the National Investment Center for the Seniors Housing & Care Industry’s third quarter NIC MAP, the occupancy rate, as well as rent growth and new construction activity, did not diverge much from second quarter figures, but that may very well mean that the sector has hit bottom.
Development of Santa Clara U. Student Housing Under Way
Irvine, Calif.–Ground has been broken for new student housing property at Santa Clara University (SCU) in the Silicon Valley.
ARA Report Finds Increasing Rents, Occupancies for Apartments
Atlanta–Anecdotal evidence suggests that most apartment markets are gathering steam, contrary to other kind of income-producing real estate, and now data is being published to support that notion.