Multi-family Housing

HENDERSON, NV-The 3,592-acre master-planned residential and resort community emerges with a strengthened balance sheet.

WASHINGTON, DC-The agency is getting set to close on the sale of a $409-million RMBS transaction, while also prepping for the securitization of performing loans. 

CHICAGO-Tishman Hotel & Realty LP has successfully arranged for a $158.2-million loan to refinance the loan on the Sheraton Chicago Hotel & Towers.

NEW YORK CITY-The 48-story Cassa Hotel and Residences located at 70 W. 45th St. is slated to open on Aug 1 2010.

NEW YORK CITY-The Art of Living Foundation, a not-for-profit organization, has inked a lease for 3 years for 4,000 square feet of space at 286 Fifth Ave., at West 30th Street.

LOS ANGELES-According to the Standard & Poor's/Case-Shiller index of 20 metropolitan areas, there was a rise of 1.3% in the prices of pre-owned single-family homes in May 2010 when compared to that of April 2010 and a rise of 4.6% when compared to that of May 2009.

MIAMI-Colliers International has appointed Stephen Nostrand as their managing director for their South Florida office.

CLEARWATER, FL-Colliers International Tampa Bay Florida has successfully managed the sales transaction of the 40-unit Sand Dollar Apartments.

JACKSONVILLE, FL-Adecco Group North America has inked a long-term lease for 78,292 square feet of office space in Deerwood South Business Park at 10151 Deerwood Park Blvd. in Jacksonville.

ORLANDO-Patrick Kelly has been hired by Grubb & Ellis|Commercial Florida as their managing director and executive vice president.

MIAMI-A refinancing loan of $10.41 million has been arranged by Marcus & Millichap Capital Corp. for a 120-unit apartment tower in Miami.

MIAMI-Taylor & Mathis has reported that its brokers managed three leasing transactions at Waterford at Blue Lagoon.

COLUMBUS, OH-RealtyTrac Inc. has reported that there was a fall in foreclosure activity in the Columbus area for Q1 and Q2 2010.

RALEIGH, NC-According to RealtyTrac Inc., there was an increase in the foreclosure activity in the Raleigh-Cary metropolitan statistical area in the first half of the 2010 (1H10).

TALLAHASSE, FL-RealtyTrac Inc. has reported that there was an increase of 11% in the foreclosure rate in South Florida in the first half of 2010 (1H10) when compared to that of 1H09.

READING, ENGLAND-Quintiles Transnational has said that it will be shifting its European headquarters to a new location, which is close to Heathrow Airport in London.

FLUSING, NY-The zoning subcommittee of the City Council has voted to sanction a development project, Flushing Commons, in Queens.

NEW YORK CITY-Prudential Douglas Elliman's vice chairman, Dolly Lenz took control over the sale of units at the Apthorp last summer.