Development
Paladin Realty Forms JV with Brazilian Homebuilder, YOU
Paladin Realty Partners, a real estate investment fund manager focused on Latin America, has formed a new programmatic joint venture with YOU Inc. Incorporadora e Participações S.A. to develop middle-income housing in São Paulo, Brazil.
Anatomy of a Cleanup: Getting Ready for Redevelopment
Scores of communities are remediating old industrial sites and hoping to attract investors and developers to put them to new use. Here’s an inside look at how RACER Trust is cleaning up a massive old GM site in Massena, N.Y.
DAMAC Properties, Paramount Unveil $1B Luxury Hospitality Project in Dubai
Paramount Hotel & Resorts, the official licensee of legendary movie production studio Paramount Pictures, has partnered with real estate giant DAMAC Properties to develop a $1 billion, four-tower mega project in the heart of downtown Dubai.
Moritz Gruppe Designs Sports-Themed M-U Project
Developer Moritz Gruppe has come up with a new vision for a large sports-themed mixed-use project. Based on a design by well-known architectural firm LAVA, THE SQUARE3 will focus on three elements: life, nature and sport.
JDS Development Acquires Murray Hill Lot with $172M in Meridian Financing
JDS Development Group has acquired a 730,426-square-foot development site in New York City’s popular Murray Hill neighborhood from Sheldon Solow for a reported $172 million, with plans to build two multi-family towers on the two-acre vacant lot.
Real Estate Expo Special Report: Knakal Terms NYC Sales Market “Phenomenal”
Robert Knakal, chairman of Massey Knakal Realty, said the New York City commercial property investment sales market is currently red hot, but warned that sustained periods of low interest rates typically lead to real estate bubbles.
Cutting-Edge System Will Harness Waste Heat at $750M Vancouver Project
The system at the Telus Garden mixed-use development will cut the property’s carbon dioxide emissions by 1 million kilograms annually.
Crescent Resources Starts Construction of $67M M-F Project in Buckhead
The project will add 355 units to the Terminus master-planned development when is complete next spring.