Morgan, DRA Buy 620-Unit Northampton Apartments in Largo, Md.
June 17, 2013 - The 620-unit Northampton Apartments in Largo, Md., located roughly 15 miles outside of Washington, D.C., has come under new ownership. Acting in a partnership, Morgan Properties and DRA Advisors acquired…
$2B Deal to Transform Old London Docks into Innovation Hub
June 17, 2013 - London is getting ready to redevelop London's Royal Docks, a $2 billion project dubbed Silvertown Quays, which will be the second phase in the redevelopment of the Silvertown area.…
CIM, Kushner Buy 466 KSF Office Building in Lower Manhattan from Savanna
June 17, 2013 - CIM Group and Kushner Cos. have purchased the 26-story office building at 2 Rector St. in Manhattan’s Financial District from Savanna.…
Economy Watch: IMF Cuts Estimate for U.S. Growth; Consumers Grumpier; Industrial Production Flat
June 17, 2013 - The International Monetary Fund reported that it expects the economy to grow by a relatively anemic 1.9 percent in 2013. Consumers were feeling a bit more grumpy in June, when…
1 MSF Suburban New Orleans Office Property Changes Hands for $150M
June 14, 2013 - Lakeway Center, a 1.2 million-square-foot office property in Metairie, La., just outside of New Orleans, has come under new ownership. …
$40B Transoceanic Canal Project Resurfaces in Nicaragua
June 14, 2013 - An initiative for the construction of a new canal between the Pacific and the Caribbean is underway after a century of hibernation. …
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