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    Private and public spending both decreased in June, with all property types seeing a decline aside from office construction, according to the U.S. Census Bureau's latest report.

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    The Class A property, located less than a block from the University of Houston, offers 654 beds within two five-story buildings and was named “Best Off-campus Apartments” property by the university’s students.

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    Ballooning home prices have made homeownership more difficult, and in turn put downward pressure on apartment vacancy rates. The pronounced need for housing has resulted in a construction boom, and there are no signs of a slowdown.

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    In partnership with the U.S. General Services Administration, NASA intends to build a massive community on 45 acres near Moffett Field, Calif. The project will also include 100,000 square feet of retail space.

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    The aggregate loan will be used by Oxford Properties to develop a 338-unit community in Charlotte. The investment comes with an option for PAC to acquire the asset following stabilization for a convenient sum.

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    During the first of The Hamilton's two phases, 279 units will be constructed in the previously underutilized corridor between Spring Garden and Vine Street in the popular Logan Square neighborhood.

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