Allison Landa

Economy Watch: Construction Spending Surges in April

Construction spending unexpectedly spiked 2.7 percent in April compared with March, according to the U.S. Department of Commerce on Tuesday.

China Ponders Launching a REIT Market

Two types of potential REIT markets have been mentioned in China, each sponsored by a different Chinese regulator. The key differences are in the ownership structures and the markets where the REITs will be traded: one in the financial markets regulated by the China Banking Regulatory Commission, and the other in the equity markets regulated by the China Securities Regulatory Commission.

Czech President: Eurozone Has ‘Failed’

While Klaus’ words are no doubt hard to swallow for the European Union, it behooves the EU to at the very least acknowledge them.

REIT Stock and Debt Offerings

Source: SNL Financial

Marina Properties Recession-Proof? CNL Lifestyle Thinks So, and Picks Up Two Chesapeake Bay-Area Assets

The Orlando-based REIT has just increased its assets in the sector with the recent acquisition of Bohemia Vista Yacht Basin and Hack’s Point Marina in Maryland’s coveted Chesapeake Bay area.

Feds Continue Construction Frenzy, Selecting CDM for $500M Design-Build Contract

CDM will have its hands full over the next several years. The indefinite delivery, indefinite quantity contract calls for the firm to supply design-build services for a variety of development endeavors to both USCG and the U.S. Department of Homeland Security.

National Health Investors, Capital Funding Strike $20M Loan Participation Agreement

The agreement is targeted toward CFG borrowers seeking bridge-to-HUD financing. CFG has provided more than $1.5 billion in HUD-insured mortgages nationwide.

Economy Watch: Consumers Still A Little Peevish

The Reuters/University of Michigan Consumer Sentiment for the end of May came in at 73.6, compared with 72.2 at the end of April and 69.5 in mid-April. Consumers aren’t as worried about losing their jobs as they once were, according to the survey, but that doesn’t mean they aren’t worried.

Land Deal Paves Way for Casino Hotel Project in Underserved Cambodia-Area Market

If all goes as planned, the initial phase of the gaming property will open its doors by the end of 2011.