News
The Woodlands to Provide Homes for Houston Commuters
By Georgiana Mihaila, Associate Editor
For the past year, M/I Homes has been making its way into the Texas market with the construction of single-family houses in the Houston area. Laying a solid foundation, M/I Homes, which has built more than […]
Company to Expand Orlando Presence, Following Market Trends
By Georgiana Mihaila, Associate Editor
The Sutton Place Apartment Homes will soon be rebranded and marketed as The Park at Sutton Place, following a recent acquisition by Blue Rock Partners LLC. The real estate management company, in partnership with Deerfield Beach’s […]
Detroit Private-Public Riverfront Revitalization Plan Takes Shape
By Veronica Grecu, Associate Editor
After decades of planning to transform Detroit’s downtown riverfront into an attractive site, the project is finally starting to take shape. Green spaces have been introduced in the area between Joe Louis Arena and Belle Isle, […]
Sluggish Housing Market Encourages Condo Sales
By Veronica Grecu, Associate Editor
A report issued by The Long & Foster Market Minute reveals that the Philadelphia area real estate market reflects mixed trends in April 2011 as compared to the same month last year. The analysis shows mixed […]
Forest City Wins Gigs
The firm has just added nearly 2.2 million square feet to its portfolio.
Bay Area Real Estate Currently “In Transit”
By Alex Girda, Associate Editor
A series of major projects are underway in the Bay Area, bringing together private companies and city officials. Among them, the BART Transit Village project has stirred by far the most buzz. The project, which has […]
Virtus Enters Student Housing Arena
The recession may have emptied out office buildings, but the hallways of campus housing facilities have remained relatively full, and Virtus Real Estate Capital has just positioned itself to capitalize on the sector’s enduring strength. Its new fund, Virtus Student Housing L.P., will invest in excess of $300 million in student housing properties.
Economy Watch: Home Sales, Federal Bailouts
The U.S. Department of Commerce reported that new home sales ticked upward again in April by 7.3 percent to an annualized rate of 323,000 units. That was the highest rate since December, on the heels of a modest increase the month before.
Smoking Banned in Upper West Side Condo; Metro Theater Returns to Life
By Veronica Grecu, Associate Editor
The board of a 32-story condominium on the Upper West Side has voted with an overwhelming 47 to 3 out of 68 owners to ban smoking inside the apartments. According to a recent article in The […]
Low Vacancy Rates Enliven the Loop
By Veronica Grecu, Associate Editor
A new report by Baum Realty Group shows that retail vacancies in Chicago’s downtown district fell to 6.9 percent in 2010, from 8.3 percent in 2009, and the figures are expected to reach even lower rates […]