News
Greenbuild Special Report: Financing Green Retrofits for Affordable Housing
Financing green retrofits for affordable properties is no simple task. Yet as this Greenbuild panel presents, there are some very clever ways the industry is surmounting the unique set of challenges.
Steadfast Apartment REIT Enters Georgia with 696-Unit Acquisition in Suburban Atlanta
Steadfast Apartment REIT added 696 residential units to its holdings and made its entrée into a fourth state with the acquisition of a two-property apartment community in the suburban Atlanta town of Suwanee, Ga.
National RE, KRE Group Break Ground on Jersey City M-U Tower
National Real Estate Advisors and the KRE Group have officially broken ground on Journal Squared, a three-tower, mixed-use development adjacent to Jersey City’s Journal Square PATH Station.
AREP-Investcorp JV Purchases Metro DC Office Complex
A joint venture of American Real Estate Partners and Investcorp has acquired Canal Center, a four-building, 540,000-square-foot Class A office complex on the Potomac River in Alexandria, Va.
Economy Watch: New Home Sales, Mortgage Delinquencies, Gas Prices
New single-family home sales rose and delinquent residential mortgages dropped in September. Gas prices continue to fall – freeing cash for holiday shopping?
Construction Begins on A&B’s “The Collection” Condo High-Rise in Downtown Honolulu
A&B Properties held a traditional Hawaiian groundbreaking and blessing ceremony for its $200 million, 465-unit luxury condominium complex in Honolulu, the Pacific Business News reports.
Turner-Agassi Charter School Facilities Fund Open KIPP San Antonio Commerce Campus
Tennis star Andre Agassi and other leaders from the Turner-Agassi Charter School Facilities Fund joined the opening celebration of the KIPP San Antonio Commerce Campus, the permanent home for two KIPP San Antonio schools and the first investment of the Fund in the city.
HGA Minneapolis Office Receives LEED 2009 CI Platinum Certification
HGA Architects and Engineers’ office interior at 420 N. Fifth St. in downtown Minneapolis has received 85 out of 110 points under LEED 2009 for Commercial Interiors by the United States Green Building Council (USGBC).
Development Site Near Amazon’s Denny Triangle Project Trades Hands in $14M Deal
This week it was reported that a development site in downtown Seattle’s Denny Triangle traded hands for a fee of $14.32 million. The site includes two adjacent parcels listed as 1820 Terry Avenue and 1007 Stewart Street, a total of 20,760 square feet of land in one of the most coveted areas in the city. The site is the current home of an apartment building, an attached commercial building with two tenants and a parking lot. The seller, Williamsburg Court LLC, traded the property at a per square foot rate of approximately $690.
Goodyear’s Headquarters in Akron Earns LEED Gold Rating
The U.S. Green Building Council has recently awarded LEED Gold certification to The Goodyear Tire & Rubber Company’s global headquarters building in Akron. At 639,000 square feet, it is now one of the largest LEED Gold certified buildings in the state of Ohio.