News
International: RBS, Ediston Team on Mixed-Use Project
RBS has partnered with Ediston Real Estate on the conversion of the former fruit market site in Edinburgh.
Housing Authority of New Orleans Anniversary Highlights
As the Housing Authority of New Orleans (HANO) celebrates its one year anniversary of returning to local control, we take a look at some of the highlight achievements of the agency in the past year.
Garden-Style Multifamily Property Near Portland Acquired for $49.5M
A residential community in the proximity of Portland recently traded hands in a deal worth $49.5 million. Aukum Management LLC acquired the multifamily asset from a private investor, free and clear of existing debt. The transaction was arranged by a Holiday Fenoglio Fowler led by managing director Ira Virden and Associate Director Kerry Hughes. HFF carried out the marketing of the Canyon Creek property.
TruAmerica Enters Beehive State
TruAmerica Multifamily continues to expand across major urban markets in the West.
HFF Closes Sale of Beach Resort in Naples, Fla.
Pebblebrook Hotel Trust has made its first acquisition in Naples, Fla.
Miami Investors Take Foothold in Hermitage Medical Corridor
BC Property Investments LLC (BC Property) continues to expand its Nashville holdings, having purchased its third apartment asset in two years
30 New Condos Underway in Manhattan’s West Side
Construction is well underway at a new condominium property at 320 West 52nd St. between 8th and 9th avenues in Hell’s Kitchen.
ThistleDown Racino Undergoing $70M Upgrade
At the end of April, ThistleDown Racino started work on an approximately $70 million upgrade. The project is expected to significantly improve the guest experience at the gaming and entertainment destination.
Buckhead Exchange Redevelopment to Start Soon
A large-scale redevelopment project will transform the Buckhead Exchange shopping center– FCA Partners has recently announced its plans. The Charlotte, NC-based employee-owned real estate investment management company acquired the 48,500 square foot retail center in 2013 for $15.2 million from Principal Financial.
Hawaii’s Fairmont Orchid Hotel Sold to Korean Investor for $200.3M
Korea-based Mirae Asset, one of Asia’s largest independent financial services firms, has recently acquired the Fairmont Orchid hotel on Hawaii’s Big Island.