Allison Landa
Sheinkop to Lead Newmark Knight Frank’s National Brokerage and Advisory Services
Michael Sheinkop, a 27-year commercial real estate brokerage ownership
Opus Launches $30M Minnesota Project
With the purchase of three land parcels in the Stadium Village area near the University of Minnesota’s East Bank Campus, The Opus Group has launched its development of Stadium Village Flats.
Louie Named as Marcus & Millichap CFO
Marty Louie was most recently a vice president with the company.
Economy Watch: Weak November Employment Numbers Come as a Shock
The net increase in employment was so poor, in fact, that the official unemployment rate edged up to 9.8 percent from November. Economists had expected at least about 100,000 more jobs to be created.
Dermody/DP Sells Pair of Large Industrial Properties
The firm sold a 689,400-square-foot building in Savannah, Ga., and a 599,500-square-foot building in Logan, N.J. The Savannah transaction is that market’s largest Class A industrial sale in nearly three years.
Isle of Capri’s $125M Proposal Wins Last Gaming License in Missouri
Thirteen turned out to be a lucky number for Isle of Capri Casinos Inc. — its proposal for a casino property is the last of 13 to be issued in the state of Missouri.
Colliers Taps Tuminelli as Executive Managing Director
Vince Tuminelli brings with him a focus on tenant representation.
Cambridge Mixed-Use Life Sciences Property Gets $175M in Financing
KBS Real Estate Investment Trust II provided Beal Cos. L.L.P. and Rockwood Capital Corp. with the sizable first mortgage loan that will be used to refinance the 665,000-square-foot One Kendall Square mixed-use life sciences property in Cambridge, Mass.
Economy Watch: Deficit Group Offers Tough Love
The National Commission on Fiscal Responsibility and Reform’s formal report had lumps of holiday-season coal for just about everybody who receives something from the federal government.
Retirement Communities Change Hands
Sedgebrook and Monarch Landing, located respectively in Lincolnshire and Naperville, Ill., have been sold for approximately $39 million to an affiliate of Senior Care Development L.L.C. and its capital partner Fundamental Advisors L.P.