News
Thor Equities Closes on Manhattan’s 685 Fifth Ave.
Thor Equities has closed on its purchase of 685 Fifth Ave., at the corner of Fifth Avenue and 54th Street in Manhattan.
Pathfinder, Meriwether JV to Acquire Luxury Colo. M-F Community
Pathfinder Partners has teamed with the Meriwether Cos. to acquire The Shores at Breckenridge, a planned 20-building community on the banks of the Blue River in Breckenridge, Colo.
Economy Watch: Pending Home Sales Spike in May; Fannie Mae Delinquencies Continue to Fall; Texas Sees Manufacturing Expansion
Pending U.S. home sales rose sharply in May. Fannie Mae reported that its single-family serious delinquency rate dropped in May. Texas factory activity increased again in June.
Special Report: Yardi’s Enerliance Partners with ConEd
Yardi Systems and new acquisition Enerliance joined with the ConEdison Green Team to host the New York City Energy Summit, introducing a new energy reduction initiative.
UMOM Details Plans for Affordable Housing Project in Sunnyslope
A new affordable housing project is coming to Phoenix through the initiative of UMOM and through the financial support of the Arizona Department of Housing (ADOH) and The Bob & Renee Parsons Foundation.
OU Regents Approve $370 Million Redevelopment of Gaylord Family-Oklahoma Memorial Stadium
The University of Oklahoma Board of Regents recently approved a proposal from OU Athletics to proceed with the development plans and projects for a major revamping of the Gaylord Family – Oklahoma Memorial Stadium.
Milhaus Development Breaks Ground $13M M-F Project in Cincinnati’s Northside
Milhaus Development finally started construction on the Gantry, a $13 million project expected to revitalize the former lumberyard and railroad depot in Cincinnati’s historic Northside neighborhood. It is the first new construction project of its magnitude to be developed in the Northside community in many, many years.
BNY Mellon Takes 350 KSF at Brookfield’s Downtown NYC Complex
BNY Mellon has signed on for 350,000 square feet at 225 Liberty St., one of the five office towers in Brookfield Office Properties’ 8 million-square-foot Brookfield Place complex, formerly known as the World Financial Center.
Goodman Birtcher to Develop $350M Industrial Logistics Center in Linden, NJ
Goodman Birtcher has received entitlement approvals for Goodman Logistics Center Linden, a proposed $350 million logistics center in Linden, N.J.
RADCO Buys 512-Unit M-F Community in Metro Denver for $95M
The RADCO Cos. has acquired Parc Belmar, a 512-unit apartment community in Lakewood, Colo., from a local developer for $95 million.