Bank of America Tower is First LEED Platinum Core/Shell Project

US Green Building Council has recognized Bank of America Tower, Skanska’s downtown office development, as the first LEED v4 Platinum Core and Shell certified project in the United States.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

B and C Multifamily in Path of Gentrification and Growth Gets Noticed

Houston has a deep class-B and -C multifamily market, allowing Excelsa to build a portfolio of more than 1,500 units in the next several years, which it aspires to do as it creates economies of scale in many US markets.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Texas Continues as Millennial Magnet

The lower cost of living in Texas compared to other major markets, along with increased employment opportunities, creates a magnet for Millennials looking to grow careers and balance work with quality of life.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Passco Companies Acquires $58M Multifamily Community

The 300-unit luxury property in Augusta, GA was purchased from site developer, Southeastern Development Associates.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Interests in Suburbs Results in Multifamily Property Swap

Fairfield Properties and Eagle Rock reached a unique deal, involving trading properties on Long Island, NY.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

L+M Development and Invesco Buy $1.2B Portfolio To Create Affordable Housing

With New York City’s affordable housing crisis, the developers plan to tap into tax credits and to return more than 1,800 market-rate apartments to rent regulation.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

$7.5B Bleutech Park Comes to Las Vegas

Bleutech Park Las Vegas is a digital infrastructure city and the first of its kind in the world.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Liss Property Group Adds Two Philly Apartment Properties to Portfolio

The Gladwyne, PA-based firm has purchased the Fox Chase Apartments, at 7922-36 Barnes St. and the Arendell Avenue Apartments, located at 4308 Arendell Ave. in Northeast Philadelphia, according to Rittenhouse Realty Advisors, which brokered the transaction.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Harrisburg PA Multifamily Portfolio Trades for $50M

The Loketch Group will complete a like-kind exchange with the proceeds of the sale primarily with development opportunities in Brooklyn.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Florida-Based REIT Buys Georgia Multifamily Portfolio for $203M

The financing package consisted of six new Freddie Mac Value Add Green Advantage loans, five loan assumptions from Fannie Mae and $40 million in equity over the entire portfolio.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Latest Mt. Baker Renovations Ensure Affordability for Decades

Mt. Baker Housing tackled the community redevelopment project and transformed the seven-building Mt. Baker Village Apartments into a transit-oriented development two blocks from the Mt. Baker light rail station.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Capital Sources Remain Hungry for Apartment Construction Deals

Despite the maturity of the cycle, preferred equity and structured debt providers have a healthy appetite for new construction apartment projects.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

JLL REIT Expands Phoenix Apartment Portfolio

JLL Income Property Trust has acquired a 273-unit apartment building in Chandler, Arizona.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

TruAmerica Buys 520 Units in Phoenix

The multifamily investor buys the 520-unit Covington Park in Phoenix for $77 million.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

$500M Ultra Luxury Home Series Hits Market in Malibu

The Malibu Home Series is a collection of 13 luxury homes on the coastline in Malibu.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Central Valley Apartments Trade at Record Price

Cameron Crossing in Visalia, California, sells for $170,000 per unit, a record-breaking price for the market.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Artist Walk Hooks Investor with Fremont ACE Location

Artist Walk has been called a poster child of smart transit-based development, located a block from a station for the ACE train to Silicon Valley and two miles from BART, and it recently sold to Clarion Partners.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Navigating Low Income Housing Tax Credits for Successful CRE Investments

The Low Income Housing Tax Credit (LIHTC) is a federal tax credit created through the Tax Reform Act of 1986, and was designed to encourage private         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Zekelman Industries Builds ERW Tube Mill in Blytheville, Arkansas

Zekelman Industries will build the world’s largest continuous ERW tube mill, on property adjacent to its existing Atlas Tube mill, in Blytheville, Arkansas. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

Anvl Expands Operations in Fishers, Indiana

Anvl, a workforce-first safety software company, plans to scale up its operations in Fishers, Indiana. The company’s growth plans include creating up to 41 new, high-wage jobs by the end of 2022. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

Microsoft Plans Data Centers in El Mirage and Goodyear, Arizona

Microsoft intends to develop the datacenter campuses in El Mirage and Goodyear, Arizona. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

Regional Report: Arkansas Making Strides in Manufacturing and Technology

Although its GDP growth has been sluggish, Arkansas boasts a low cost of doing business and of living. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

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