Provided by Commercial Real Estate Direct
Harwood International plans to develop a $300 million residential and retail village in Dallas' Design District. The Dallas developer is planning to build about 950 apartment units and 100,000 sf of retail and restaurant space. Read Full Story
The apartment market in Charlotte, NC is booming as 20,000 units were in the development pipeline as of February, according to Real Data, a local market research firm. That number is up from 16,000 units a year earlier. Read Full Story
Crate & Barrel is developing a 400,000 sf industrial building in Lincoln County, NC. The Northbrook, IL home and furniture retailer is building the property at the 550-acre Lincoln County Industrial Park. Read Full Story
Gintz Group last month sold a 172-unit apartment complex in Nashville, TN for $19.5 million. The Tacoma, WA company sold the midtown property, at 1550 North Parkway, to a Newport Beach, CA private investor. Read Full Story
The volume of commercial mortgage originations in Q1 plummeted by 53% from a year ago, according to the Mortgage Bankers Association. The sharp drop comes after declines of 16% and 4% in the two prior quarters and shows how the credit crunch has impacted the market. Read Full Story
The owners of Starrett City in Brooklyn, NY have put the nation's largest federally-subsidized apartment complex back up for sale. Starrett City Associates put the property back on the market after the federal HUD department said it would authorize a sale that guarantees the property is kept affordable. Read Full Story
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