News

Found Financing

Commercial/multifamily mortgage bankers originations index

Blackstone Expands London Footprint

Blackstone continues boosting its core-plus strategy in London with its fourth investment.

International: Four Seasons Hotel Bahrain Bay Coming to Gulf Area

Four Seasons has continued the expansion of its portfolio with the recent opening of the Four Seasons Hotel Bahrain Bay.

Mitsui Fudosan America Brings in New CEO

Mitsui Fudosan America Inc. has found a new boss.

Affordable Housing Development to Arrive in San Diego

Wakeland Housing and Development Corp. has responded to San Diego’s great demand for affordable housing.

Economy Watch: Homeownership Rates Not What They Used to Be, for Good Reason

The main new reality is that homeownership isn’t as easy to attain as it has been during most of the decades after World War II.

Economy Watch Weekly: No Higher Interest Rates

Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended March 20.

Resource Real Estate Acquires Gilbert Asset

Resource Real Estate Opportunity REIT, Inc., a non-traded real estate investment trust focused on distressed properties, recently announced the acquisition of the Springs at Gilbert Meadows Apartments, a 459-unit apartment community in Gilbert, AZ. Financial terms of the deal have not been disclosed.

Cardinal Point Buys Orlando Asset

A 42,277-square-foot Class A office property located at 7208 W. Sand Lake Road in Orlando was recently acquired by Cardinal Point Management, LLC, a Tampa Bay investment and property management firm. CBRE’s Ronald J. Rogg and Edward Wooten arranged the sale of the three-story building and represented the seller, a Highwoods Properties affiliate in the transaction. The acquisition price was not disclosed.

Sinclair Community College to Invest $32M in Dayton Campus

On March 10, the Sinclair Community College Board of Trustees approved $32 million in funding for several important construction projects on its campus in downtown Dayton. This investment is one of the largest in the school’s history and the largest in the last forty years.