In June, we reported that Bank of America listed Times Square at Craig Ranch in McKinney, Texas, with CBRE. Yesterday, Mid-America Apartment Communities (NYSE: MAA) acquired the property for $31.25 million, or about $100,000 per unit. The property was developed in 2009 by Evergreen Realty Partners. Reportedly, the property ... More
Archive for August, 2010
REO Monitor: Times Square Sold
Tuesday, August 31st, 2010New Feature: Automated Client Reports
Saturday, August 28th, 2010We've been hard at work implementing our newest feature, CRE Console's automated client reporting application. This feature saves investment brokers time and money by automatically creating investor reports. Instead of scrambling to update activity reports for their clients, all CRE Console users need do is email a link, our software ... More
Have you used Blytic.com?
Tuesday, August 24th, 2010We recently stumbled across an interesting website, Blytic.com. It is an interesting concept, if you're not familiar with the site. Blytic is a privately funded Boston area startup offering a novel new service for accessing/managing real-time time-series data as well as for analysis authoring and publishing. First, Blytic acts as an real-time ... More
Update: Atlantic Station Under Contract
Sunday, August 29th, 2010We recently reported that Eastdil Secured was marketing Towne Center at Atlantic Station on behalf of its owner, AIG Global Real Estate. This week, North American Properties was selected as the winning bidder for the property and now has the deal under a formal sales agreement. North American Properties has been ... More
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