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eHealth Locates Operations Headquarters & Tech Center in Indianapolis

eHealth Inc., a private online health insurance exchange, will establish its new Eastern U.S. Technology and Operations Headquarters in Indianapolis, Indiana. The company is expected to employ up to 500 Hoosiers by the end of 2023. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

MRP Realty JV Buys Washington Gateway Assets

The company has partnered with Barings to develop phases II and III.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

International Investor Pays $146M for NJ Workforce Housing Portfolio

CBRE reports that a bidding process for the 1,035-unit portfolio attracted more than 33 offers. The portfolio benefits high occupancy, 4.1% average annual rent growth since 2014 and high resident retention.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Two Iconic South Shore Multifamily Properties Trade for Nearly $17M

The sale of the two properties—Shorewind Towers at 7000 South Shore Drive, and Shorewind Court, nearby at 6951 S. Oglesby Ave.—was the largest by dollar amount and unit count in the submarket in the last 10 years, according to CoStar. Both properties were originally built nearly a century ago.         Continue Reading at GlobeSt.com Click…

Apartment Investment Heats Up in Indio

An experience Inland Empire apartment investor buys a property in Indio, the third fastest growing city in Southern California.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Davlyn Investments Buys Metro Gateway for $60M

The 187-unit new construction apartment property in Riverside traded hands in an off-market deal.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Is The Yield Curve Foretelling a Downturn?

The 10-year/3-month yield curve has inverted, and some developers are shifting to a long-term strategy as a result.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

442 Residences Opens in Long Beach

Developer Ensemble Investments has completed the seven-story, 94-unit apartment project in Downtown Long Beach.         Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service

Fed Chair Jerome Powell speaks to press after cutting rates

After two days of meetings and pressure from President Trump to lower interest rates, Federal Reserve Chair Jerome Powell will hold a press conference to announce the Fed’s decision to cut the rate by a quarter percentage point. This is the first time rates have been lowered in more than ten years. FOX Business Network…

Federal Reserve cuts interest rate by a quarter percentage point

FOX Business’ Edward Lawrence on why the Federal Reserve lowered interest rates. Watch Fed Chair Jerome Powell’s press conference on the rate decision here: https://www.youtube.com/watch?v=71F_bcSHmE0 FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business…