Northeast

MARKET SNAPSHOT: Boston Apt. Market Positioned to Bounce Back this Year

Apartment transaction volume in the Boston metro area has been very slow

Pending Home Sales Rise Points to Improving Economy, Economist Says

The rise in pending home sales in February is largely due to slow but steady improvement in the U.S. economy,

CAS Financial Advisory Becomes Recap Real Estate Advisors

CAS Financial Advisory Services is in the process of rebranding as Recap Real Estate Advisors

Manhattan Residential Market Gains Momentum in 1Q10

The Manhattan residential market is starting to see more historically normal level of sales and inventory

Downtown Brooklyn Condo Hits 50 Percent Sales Mark

Downtown Brooklyn’s Oro condominium, a 303-unit luxury property, has reached the 50-percent-sold milestone, with more than 152 units sold. Sales have picked up recently at Oro, as 62 deals have been made since last September.

Foreclosure Expert Predicts Surging Homelessness

Heavy Hammer Inc., which publishes lists of foreclosed properties nationwide through USHUD.com

Jones Lang LaSalle Hires MF Sales Leaders Cissel and Melnick

Jones Lang LaSalle has added multifamily investment sales veterans

Northbridge Inks Senior Housing JV With Harrison Street

The Northbridge Cos. of Burlington, Mass., and Sandy River II of Portland, Maine, have finalized a $100 million joint-

Yardi Systems Acquires PropertyShark for Real Estate Data

Yardi Systems has acquired PropertyShark, creators of PropertyShark.com, the New York City-based real estate data website.