Multi-family Housing

DENVER-The Children’s Hospital begins construction of a 10-story 350,000-square-foot new patient tower addition in this week’s wrap-up of deals.

MILAN-King Sturge says Italy has been a gap in its network. Gabetti has nine offices, including Milan and Rome, and employs 73 staff.

NEW YORK CITY-Bond Real Estate New York is expanding by 10,800 square feet and has also inked a renewal lease for eight years at 1776 Broadway.

NEW YORK-Union Square Hospitality Group of Danny Meyer will be opening three restaurants, including Shake Shack and Blue Smoke, in a 14-floor building.

CHICAGO-Officials of the City Council committee have approved a proposal that will allow voters to decide if banks should pay transfer taxes when they take possession of a house through foreclosure.

CHICAGO-Experian-Oliver Wyman Market Intelligence Reports had found out that 350,000 Americans had strategically defaulted in 1H09.

CHICAGO-The growth in the population of older adults have boosted the development of retirement homes, despite the downturn.

MIAMI-The 12-story, 400-room Seville Hotel has been purchased by hotelier Ian Schrager and Mariot for $57.5 million.

ORLANDO-Betsy Owens, the office brokerage associate of Cushman & Wakefield of Florida Inc., has successfully negotiated the renewal of a lease for Neutral Tandem Inc.

TAMPA, FL-Adrianne Kahler has been hired by Prudential Commercial Real Estate FL as their sales professional.

WESTON, FL-The healthcare team of the Miller Construction Company has successfully completed the renovation and expansion of Cleveland Clinic Florida.

WASHINGTON, DC-The Mortgage Bankers Association has reported that there was an increase of 1% in the originations of multifamily and commercial mortgages in Q2 2010 when compared to that of Q2 2009.

BUFFALO-The Niagara Frontier Association of Realtors has been merged with Buffalo Niagara Association of Realtors.

BUFFALO-The State Department of Health has approved Community Health Center of Buffalo Inc's request to convert the Hamilton B Mizer Primary Care Center into a federally qualified health center (FQHC).

SAN JOSE, CA-The 45-year-old Terminal C at the Mineta San Jose International Airport will be demolished by heavy equipment today.

NEW YORK CITY-Developer Kent Swig, a realty developer, has sold his office property at 140 William St. spanning 36,000 square feet to Chris Soukas, an investor based out of New York City.

WASHINGTON, DC-The former Treasury secretary, Henry M. Paulson Jr. has asked the Congress to reduce Freddie Mac and Fannie Mae's operations.

IRVINE, CA-Standard Pacific Corp., a home builder based in Irvine, has reported a profit of $10.7 million in Q2 2010 compared to a loss of $23.1 million in Q2 2009.

NEW YORK CITY-In a bid to boost sales, developers of Trump SoHo, Bayrock Group and Sapir Organization are offering credit facility to potential buyers for purchasing condos in the hotel/condo tower.

NEW YORK CITY-According to a report by the Regional Plan Association, the $8.7 billion rail tunnel being built for the NJ Transit could raise the prices of property in the vicinity of the transit stations.