Regions
Multifamily Housing Starts Dip in June
Washington, D.C.–The ever-volatile rate of multifamily starts was down in June.
RADCO Takeover of $143M San Diego Condo Property Proves Successful One Year Later
San Diego–Atlanta-based developer and distressed real estate specialist The RADCO Cos. completed a one-year turnaround of the $143 million condo project, The Mark.
Chinese Developer Says Hanzhong Market Is Vibrant
Hanzhong, CHINA–China HGS Real Estate Inc. has three projects under construction in the Shaanxi Province.
DEAL OF THE DAY: Marcus & Millichap Lists $21M Distressed Mobile Home Park for Short Sale
Westland, Mich.–Marcus & Millichap Real Estate Investment Services retained the exclusive listing for Westland Meadows.
Justice Department Files Fair Housing Suit Against Washington State Apartments
Washington, D.C.–The U.S. Department of Justice has filed a suit against the owner, management company and former on-site manager of Summerhill Place Apartments.
$125M in Financing Paves Way for Groundbreaking on Two Miami Affordable Housing Projects
Coconut Grove, Fla.–Work has now gotten under way on Phase I and II of the Brownsville Transit Village.
Phase II of $22M South End Revitalization Projects Begins
Albany, N.Y.–Construction on the second phase of the $22 million South End Neighborhood revitalization project in Albany has now started.
DEAL OF THE DAY: Colony Capital, The Cogsville Group Invest in 1,600 Commercial Real Estate Loans Held by FDIC
Colony Capital LLC and The Cogsville Group LLC have closed on the purchase from the Federal Deposit Insurance Corp. (FDIC) of a $1.8 billion portfolio of more than 1,600 commercial real estate loans acquired by the FDIC as receiver of 21 failed financial institutions.
Web Feature: Are You Marketing to All Prospects in the Melting Pot?
New York–The renters of tomorrow look very different but the industry isn’t exactly doing..
REIT CEO Compensation, Including Multifamily, Grew in 2009
New York–REIT CEO bonuses saw shifts to cash and equity percentages.