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
  • AGC image library construction worker with steel Explore the Trendline
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    Permission granted by Associated General Contractors of America
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    Trendline

    Labor

    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
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    Retrieved from Autodesk on January 31, 2012
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    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
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    Skyward
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    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
  • Image attribution tooltip
    Retrieved from Autodesk on January 31, 2012
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    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
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    Charles Henricks
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    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