News
Sovran, LifeStorage to Merge in $1.3B Deal
The transaction will allow Sovran Self Storage to expand its nationwide portfolio by an additional 6.5 million square feet.
Vornado, SL Green JV Completes Refi of 280 Park Ave.
The joint venture partners have completed the $900 million refinancing of the Midtown Manhattan office tower.
Hines Teams with Universal-Investment on First UK Acquisition
The joint venture is moving forward with a $1.5 billion European shopping spree on behalf of Bayerische Versorgungskammer.
Newly Renovated 250 W. Tasman Building Sold by TMG
The property was extensively renovated by TMG following its acquisition from Cisco Systems.
Skyscraper Developer David Durst Dies at 90
The Durst Organization’s second generation ends with the death of Joseph Durst’s youngest son.
Last Year’s Largest New Apartment Developments Completed in The Triad
The Triad’s large scale development sector was responsible for delivering as many as 2,465 new rental units last year, with the biggest apartment community going up in Winston-Salem, according to data from Yardi Matrix.
Last Year’s Largest Apartment Projects Delivered in Portland
About 2,700 new units came online in Rip City last year.
Orange County’s Largest Rental Developments Completed in 2015
More than 4,577 new apartments have been delivered in 2015 throughout the county, a 57% increase from 2014.
The Largest Rental Developments Completed in 2015 in Miami
Out of the 44 large rental developments of over 50 units completed in 2015 in South Florida, 14 properties are located in Miami, adding 3,272 new units to the city’s rental inventory.
Armada Hoffler Continues Virginia Beach Town Center Development
Part of a 17-block 3P project initiated in 2000, the new development will add street-level retail, restaurant space and upscale apartment homes.