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  • 4 Developments Coming to Suburban NY

    The developers announcing the Mount Vernon, N.Y., projects include The Alexander Group/Bluestone, Direct Investment Development, Enclave Equities and Simone Development Cos. The initiative aligns with the state's new $2.5 billion housing package aimed at attracting investment in market-rate housing statewide.

    14 June 2017 09:01
  • Berkadia Facilitates Atlanta-Area Sale

    The company brokered the sale of a 102-unit community which includes an array of state-of-the-art amenities. The property traded for $15.2 million.

    06 July 2017 14:41
  • JV Opens Dallas Apartments

    Novare Group and Batson-Cook Development Co. completed Victory Place, a 25-story community with 352 units. Located near uptown in the Victory Park neighborhood, the project is across the street from American Airlines Center.

    17 May 2017 08:16
  • Phoenix Community Changes Hands in $82M Deal

    The new owner of Andante Apartments plans interior upgrades, as well as renovations of the clubhouse. The asset has an occupancy rate of 92.5 percent.

    29 May 2017 08:42
  • RADCO Expands GA Footprint With 38th Acquisition

    The Atlanta-based developer acquired Ashford 6860, a 260-unit property in Norcross. The $22 million deal marks the company’s eighth purchase in the Gwinnett County submarket.

    18 August 2017 11:26
  • Economy Watch: State Unemployment Rates Mostly Flat in June

    Thirty-eight states and D.C. had stable unemployment rates for the month, while 10 states saw decreases and two states saw increases, according to the latest Bureau of Labor Statistics report.

    24 July 2017 12:59
  • REITs

    The Health Care REIT sector traded at the largest median premium to NAV, at 13.10 percent. Manufactured Home and the other Retail REIT sectors followed next trading at median premiums to NAV of 10.19 and 7.92 percent, respectively.

    22 May 2017 17:53
  • JLL-Backed REIT Pays $75M in Portland

    The company has acquired Jory Trail at the Grove, a 324-unit apartment community in Wilsonville. The property is currently 95 percent leased.

    24 July 2017 08:17
  • Economy Watch: How New Immigration Policies Would Impact CRE

    Legislation revising the RAISE Act is set to significantly impact commercial real estate and corporate occupancy, both of which heavily rely on the changing dynamics of the labor market.

    22 September 2017 16:20
  • Allen Morris Opens LEED-Certified Tampa Bay Community

    Located in the heart of downtown St. Petersburg, the $73 million, 348-unit community's 103 units are already leased. One of its highlighted amenities include a dedicated gallery space in collaboration with the Morean Arts Center.

    24 May 2017 21:32