Saturday, April 27, 2024

News

Brigadoon Fitness Launches Variable Motion Trainer

Brigadoon Fitness proudly announces the launch of the much-anticipated Sport Series Variable Motion Trainer (VMT). The VMT elliptical is the first of five new products being offered under Brigadoon’s new Sport Series family of...

Lampix launches personal-touch, no-screen tabletop augmented reality on Kickstarter

Lampix—a truly interactive tabletop augmented reality system that uses machine learning to recognize, reveal and react to the visual world—today officially launched its crowdfunding campaign on Kickstarter. Lampix joins the revolutionary list of voice, virtual...

Fed rate hike report: $1.6 billion in extra costs and cities with the least...

With credit card debt recently hitting an all-time high and the Federal Reserve set to make our debt even more expensive with another rate hike on Wednesday, the personal-finance website WalletHub today released a...

Alpha Wave Investors acquires 110-unit multifamily property in Tucson

Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has acquired Orange Tree Village, a 110-unit townhome-style multifamily property in the Casas...

Strategic Legacy Investment Group, Inc. commences demolition for the Dream@Tamarind North in Hollywood

Strategic Legacy Investment Group, Inc. (SLIG), a Los Angeles-based private placement investment firm primarily focused on real estate development, announces that it has commenced demolition of existing properties for the construction of a new...

Habitat for Humanity New York City and Almat Group break ground on Sydney House

Habitat for Humanity New York City, a major affordable housing developer and advocate for affordable homeownership in New York City, in conjunction with the Almat Group and the New York City Department of Housing...

WINLYND purchases apartment portfolio in Florida’s Panhandle for nearly $36 million

WINLYND LLC has acquired 1,031 apartments out of foreclosure located in Florida’s Panhandle for $35.68 million. The lender, Bank of Oklahoma, held six separate auctions.  WINLYND won three of them and acquired a fourth...

Draper and Kramer adds vice president/regional property manager to Texas team

Draper and Kramer, Incorporated, a national real estate services firm, is pleased to announce Amy Siebert, CPM, has joined the company as vice president and regional property manager. Siebert will be based in San...

UIP opens 100-unit renovated apartment community in former Washington, DC WAMU HQ

Urban Investment Partners (UIP) of Washington DC has unveiled Frequency Apartments, a 100-unit luxury apartment community located in a former northwest Washington, DC office building that housed National Public Radio affiliate WAMU. UIP acquired the...

Can we tap the power of data to bring commercial real estate planning into...

The entire commercial real estate market can be a guessing game, where occupancies fluctuate along with real estate values. But what if you could tap the power of data science to better develop future...

Multifamily drop pushes total housing starts down as single-family makes gains

A decline in multifamily starts pushed overall housing production down 7.0 percent in February to a seasonally adjusted annual rate of 1.24 million units, according to newly released data from the U.S. Department of...

HUD and Census Bureau report residential construction activity in February 2018

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for February 2018. Building Permits:  Privately owned housing units authorized by building permits...

Tampa Metro area ranks number one in Florida in Site Selection Magazine’s 2017 Top...

Site Selection Magazine’s recently unveiled Top Metros of 2017 positions the Tampa Metro area as number one in the state of Florida, placing higher than the competing cities of Miami and Orlando, and number...

Next week’s interest-rate decision: How could the Federal Reserve act—and why?

Dwight Johnston, chief economist for the California Credit Union League, made the following comments on next week’s Federal Reserve announcement of short-term monetary policy decisions (interest rates) through its Federal Open Market Committee (FOMC)...

$42.4 million multifamily portfolio trades hands in Greater Los Angeles

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a four-property, 214-unit multifamily portfolio in Santa Ana, California. The properties...
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