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BALTIMORE—The Hanover Co. of Houston is poised to purchase land from Caves Valley Partners in South Baltimore that will facilitate the development of more than 300 apartment units.
WASHINGTON, DC—Developers Forest City and PN Hoffman are working on plans to build a new condo building as part of their The Yards mixed-use development in the Navy Yard neighborhood here.
TRENTON, NJ—A bill that would extend construction permits originally issued in the 1990s was released by the Assembly Appropriations Committee on Monday.
ALBANY—In an effort to support entrepreneurial enterprises that are transitioning from research to the marketplace and help ensure those operations remain in the Empire State, the state has launched a new $50-million Innovation Venture Capital Fund.
TALLAHASSEE, FL—Peak Campus Management of Atlanta has been selected as property manager for a five-property portfolio totaling 3,155 beds that serve students of Florida State University here.
ATLANTA—Brokerage firm Cushman & Wakefield reports that Bryan Berthold has joined the firm as managing director of workplace strategies in the company's Global Business Consulting practice based in Atlanta.
NEW YORK CITY—HFF, working on behalf of Gerald and Steven Brauser of The Parkland Group, LLC, has arranged $61.75 million in financing for the development the Exhibit luxury residential tower at 60 Fulton St. in Lower Manhattan.
WASHINGTON, DC—A letter by DC's zoning administrator Matthew Le Grant says that the Industrial Bank building at 2002 11th St. NW is to be razed to make room for a new multifamily building.
BALTIMORE—Developers Interpark LLC and Comstock Partners presented it plans late last week for a tower building of at least 38 stories at 300 E. Pratt St. to the city's design panel.