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DALLAS—Despite a challenging financing market for student housing construction, attractive terms made two projects a reality, with Park Place at Baylor anticipated to transform an area near the Baylor campus.
SAN ANTONIO, TX—Bellwether Enterprise has committed to funding for affordable housing in a big way, recently closing $130 million for 13 affordable housing loans in June alone.
CORPUS CHRISTI, TX—Castle Lanterra Properties has acquired San Marin, a 220-unit apartment community, and allocated more than $10,000 per unit for upgrades, further enhancing the potential for rent growth.
PHOENIX—Hyatt Hotels Corporation recently purchased the iconic resort for $88.25 million and a record $742,000 per guest room as the resort continues to operate as the Royal Palms Resort and Spa.
WASHINGTON, DC—However, spending on private-sector multifamily, office and hotel construction is up by double-digit percentages from a year ago, according to Census Bureau figures.
LOS ANGELES—Eastside neighborhoods naturally have that coveted live-work-play nexus, and investors are rushing to the market to find opportunities, GlobeSt.com reports in this EXCLUSIVE story.
NEW YORK CITY—Investment from overseas totaled 34% of all investment sales here for the first six months of 2016, down from the record 41% posted in 2015, according to a new report from Avison Young.
LOS ANGELES—The Broadway Trade Center project has yet to finalize construction permits, and tenants are already lining up to get into the creative mixed-use project, GlobeSt.com reports in this EXCLUSIVE story.
TYSONS, VA—Also, Lerner Enterprises' efforts to position Tysons II as a dining destination are paying off as Fogo de Chão plans to open its second Washington DC restaurant in the building.
IRVINE, CA—Getting knowledge into the process as early as possible and thinking holistically to improve the operating bottom line are key, C&W's Jon Zimmerman tells GlobeSt.com in this <b>EXCLUSIVE</b> look at his new position with the firm.