Allison Landa
Construction Begins on $137.5M Radisson Blu
Carlson Hotels, the global hospitality and travel company, and equity partner Mortenson Construction have commenced construction of the upper-upscale hotel, which will become the first lodging facility to be linked to the 4.2 million-square-foot Mall of America via skywalk.
TNP Strategic Acquires Pinehurst Square East
The 114,292-square-foot retail center was built in 2005 and is located in Bismarck, North Dakota.
Target Expands Canadian Reach
The firm has selected an initial group of sites now occupied by discount retailer Zellers Inc. In January, Zellers sold more than 200 leases to Target for approximately $1.9 billion.
Economy Watch: Case-Shiller, Consumers Down
The U.S. national home price index dropped 4.2 percent during the first quarter of 2011, which comes on the heels of a 3.6 percent decline during the fourth quarter of 2010.
Economy Watch: Greece Bailouts, Pending Home Sales
It was a long holiday weekend in the United States, but across the Atlantic, Euro-bureaucrats and -bankers were at work trying to keep Greece from defaulting on its debts and thus doing some kind of unpredictable harm to the euro.
McClatchy Sells Miami Herald HQ for $236M
The property encompasses 14 acres and 750,000 square feet along with an adjacent parking structure.
Testimony: HUD Fails to Keep Up with Mortgage Apps
The National Multi Housing Council and National Apartment Association told Congress that thousands of construction jobs could be in jeopardy, as well as revenues that could be generated for the federal government.
From the Inside: Shekar Narasimhan on the GSEs
Shekar Narasimhan discusses how the GSEs benefit the rental housing market, whether privatization is a viable alternative and the risks of not finding a solution quickly.
Dees Stribling’s Economy Watch Weekly
Economy Watch reporter Dees Stribling offers insights on CPE Radio into the top economic news of the week ending May 27 and what to watch out for in the coming week.