Economy: Page 164
-
Deals: UDR/MetLife JV Completes $630M NYC Buy
UDR/MetLife, Beech Street Capital and Walker & Dunlop wrap up multifamily transactions.
Jan. 13, 2012 -
MetLife Buys Chicago Tower from LYND
The 249-unit EnV building is know for its distinctive design.
Jan. 13, 2012 -
Explore the Trendline➔
Permission granted by Associated General Contractors of America
TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
Encore Wins Financing for Next Apartment Project
Encore Multi-Family LLC has closing on the financing for the its next ground-up development project, a garden-style apartment property in the Denver suburb of Thornton. T
Jan. 13, 2012 -
Crossbeam Begins Development on 270 Units
The project in Mira Loma, Texas, is the company's first commercial development.
Jan. 13, 2012 -
Retrieved from Autodesk on January 31, 2012
Jake Harrington Named On-Site’s CEO
On-Site.com has promoted co-founder Jake Harrington to be chief executive officer.
Jan. 13, 2012 -
UDR, MetLife Team Up to Buy Columbus Square
UDR Inc. said Thursday that it formed a joint venture with MetLife Inc. that paid $630 million for Columbus Square, a complex of five high-rise apartment buildings on Manhattan's Upper West Side.
Jan. 13, 2012 -
Feds Eying Sale of Foreclosures as Rentals
The FHA, Freddie Mac and Fannie Mae may be looking at putting forclosed homes into the rental market.
Jan. 13, 2012 -
Chicago’s 55 W. Monroe Sold to Hearn for $136M
In what Jones Lang LaSalle is calling “one of the Chicago market’s largest year-end transactions,” The Hearn Co. purchased 55 W. Monroe from LaSalle Investment Management for $136 million.
Jan. 13, 2012 -
Invesco Takes Boston Office Block for $75M
An Invesco client picked up a 220,311-square-foot, renovated Class A office building for $75 million.
Jan. 13, 2012 -
Report: Redwood Will Offer New Residential Mortgage Bonds
Redwood Trust, Inc. reportedly is readying an offering of at least $405 million backed by residential mortgages.
Jan. 13, 2012 -
Retrieved from Autodesk on January 31, 2012
Adviser: Regulation Tops CRE Concerns Now
Adviser Dennis Yeskey told NYCREW's "Global Trends" meeting that Dodd-Frank rules will be problems this year.
Jan. 13, 2012 -
John Burns: Veterans can’t get the homes they need
Low valuations by Veterans Affairs appraisers are pushing builders out of deals.
Jan. 12, 2012 -
Department of Energy, home builders collaborate on 10,000 high-performance houses
The U.S. Department of Energy says more than new 10,000 homes meet the energy-efficiency specifications of the Builders Challenge initiative.
Jan. 12, 2012 -
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.
Jan. 12, 2012 -
Hunt Realty Makes Foray into Multifamily Development
Akard Street Partners, an investment partnership operated by Hunt Realty Investments, has formed Trinsic Residential Group to develop multifamily properties in infill and suburban locations, initially focusing on major Texas markets.
Jan. 12, 2012 -
Poll Finds Americans Strongly Favor Homeownership
The poll commissioned by the NAHB found overwhelming support for owning a home and for a mortgage-tax deduction.
Jan. 12, 2012 -
Canadian REIT CANMARC Buys Three Properties for $213M
Less than two years after CANMARC Real Estate Investment Trust completed its initial public offering, there appears to be no end in sight to its shopping spree. The REIT has committed to the purchase of three commercial properties across Canada for a total $213 million investment.
Jan. 12, 2012 -
MetLife Spends $125M on Chicago Luxury Multi-Family Tower
Amid a flurry of multi-family trades in Chicago, MetLife has bought EnV, a luxury high-rise tower, from LYND Development Partners for an estimated $125 million.
Jan. 12, 2012 -
Feds Issue 3rd Part of Building Energy Efficiency Guides
The U.S. Department of Energy has brought out the third in its series of 50% Advanced Energy Design Guides
Jan. 12, 2012 -
Nominations Open for BD+C's Next '40 Under 40' List
Building Design + Construction is taking names for architecture, engineering or construction professionals.
Jan. 12, 2012 -
Former Grubb CEO Arnitz Joins American Realty Capital
American Realty Capital continues to capture the magic that top executives at the former Grubb & Ellis Capital Corp. made.
Jan. 12, 2012 -
CBRE Grabs Office Building in Atlanta’s Atlantic Station
The 17-story building in the mixed-use development is LEED Gold certified.
Jan. 12, 2012 -
Griffin Capital REIT to Acquire Whippany Facility for $13M
It's the California fund's first major acquisition in the Northeast.
Jan. 12, 2012 -
Floating Loan Secured for One Washingtonian Center
Floating-rate transactions are seen as offering borrowers flexibility.
Jan. 12, 2012 -
Camden to Purchase Remaining 80% Interest in 4,000-Unit Portfolio
The Houston company gets apartments in Dallas, Houston, Las Vegas, Phoenix and Southern California.
Jan. 12, 2012