Property Types
TODAY'S DEALS: MetLife Buys Chicago Tower from LYND
LYND sells a luxury tower to MetLife; IPA closes two sales in Florida; and NorthMarq arranges a construction loan.
Tampa Workforce Housing Project Debuts with a Blend of the Old and New
Metro 510, a 120-unit workforce housing property in downtown Tampa, Fla., has made its debut, flaunting a design by Urban Studio Architects that successfully blends the contemporary with the historic.
830-Acre Purchase Paves Way for $2.5B Smart Growth Community
LNR Property LLC, developer of the SouthField master-planned community outside of Boston in Southfield, Mass., has just wrapped up the acquisition of the final 830 acres required to bring the 1,400-acre, $2.5 billion project to fruition.
Enterprise Launches Re-Designed Integrated Website
Columbia, Md. – Celebrating its 30th anniversary year, Enterprise Community Partners Inc., together with Enterprise Community Investment Inc. recently launched a new website that integrates a wealth of information and resources into one interactive and easy-to-navigate portal serving the housing and community development industry. Using the same URL and cloud computing, users are invited to experience the impact of Enterprise’s work across the nation through compelling images and powerful stories that highlight the organization’s expertise across multiple disciplines. Developers, investors, policymakers and many other community development partners will find the latest information, technical resources and tools they need. Innovative features …
MHN TV: 2012 Seniors Housing Preview
Longtime seniors housing real estate expert Mel Gamzon offers insights into the seniors housing market. 2011 was a big year for seniors housing and healthcare REITs, and Mel explores what strategies companies are likely to develop in 2012.
Boston Suburb the Site of Newest Legacy Park Apartment
The Federated Cos. announced earlier this week that it has purchased a 12-acre site in Wilmington, and plans to construct an MGL Chapter 40-B mixed-income rental community featuring a total of 108 units, to begin pre-leasing in early 2013.
TODAY'S DEALS: HFF Brokers Disposition, Closes Loan Sales
HFF brokers Chicago sale, closes loan sales; Tryko acquires a 163-unit asset in Pennsylvania; and Boston Capital Finance closes two rehab construction loans in Arkansas.
TODAY'S DEALS: EdR Acquires Student Asset for $28.5M
EdR acquires a property serving St. Louis University; Continental Realty Advisors purchases a 1,200-unit portfolio; and NorthMarq arranges a $19.1 million Freddie Mac mortgage.
Today's Deals: Colony Hills Capital Acquires First Asset
Colony Hills Capital acquires its first property; Campus Crest closes four construction loans; and Alliant Capital supplies a $11.8 million loan.
Serious Mortgage Delinquency Rate on the Downswing
Serious mortgage delinquencies for single-family homes and condominium units have been on a steady decline for the last 18 months.