Anca Gagiuc
Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com
Phoenix Gearing up Retail and Office Markets with Major Deal in Scottsdale and Amazon’s planned expansion
By Alex Girda, Associate Editor
The largest commercial transaction in recent memory was perfected in Scottsdale when the Promenade traded hands from its unnamed seller to Excel Trust Inc. The seller was represented by Lucescu Realty, with the announcement of the […]
Luxury Market Uptick Suggests Market Improvement Near
By Alex Girda, Associate Editor
The biggest home in Los Angeles County has changed hands. Candyland is waiting for its redubbing after the widow of TV producer Aaron Spelling sold her massive 56,500-square-foot mansion in Holmby Hills. In what constitutes one of […]
Acacia Takes First Hill Complex for $61M; Regence BlueShield Puts HQ on the Block
By Alex Girda, Associate Editor
An affiliate of Acacia Capital Corp. of San Mateo has wrapped King County’s second-largest multi-family trade of the year: the $61 million acquisition of the 351-unit property at 1000 Eighth Avenue in First Hill, the Seattle Times reported. The property showed a tidy upside […]
CityCenter Tower Stirring Legal Battle on Strip
By Alex Girda, Associate Editor
The troubled Harmon building has spawned a serious legal dispute between owner MGM Resorts International and CityCenter on one side and general contractor Perini Building Company. The subject of the dispute is the faulty construction of […]
Denver Skyscraper Testing Market Again; More Deals Keep Activity at High Level
By Alex Girda, Associate Editor
What was until recently called the Qwest building is now up for sale, according to The Denver Business Journal. The current owner, Public Service Enterprises Group Inc. of Newark, New Jersey has hired Cushman & […]
Multifamily Properties Trade Hands in Puget Sound
By Alex Girda, Associate Editor
Multifamily properties have been attracting investor attention in Seattle all year. In the past week alone, three trades took place.
The Puget Sound Business Journal reported on the sale of a 512-unit apartment complex in Mountlake Terrace, […]
Kilroy Reportedly Pursuing Hollywood Property; JV Snaps Up Pasadena Campus
By Alex Girda, Associate Editor
Kilroy Realty is ready to fork out an impressive sum for a Hollywood office building. The Sunset Media Tower houses several media companies and is owned by a discouraging three dozen investors. Nevertheless, the West Los […]
Adaptive Reuse Planned for Historic Hangar 2 Site; Denver Area Hotels Part of Massive Package Deal
By Alex Girda, Associate Editor
Hartman Ely Investments and Larimer Associates have come up with a great idea to revive one of Denver’s historic spots. Part of the redeveloped Lowry Air Force Base, Hangar 2 was left out of the plan […]
Market Can’t Decide Whether It’s Recovering or Not
By Alex Girda, Associate Editor
The housing market has been one of the weak points of Las Vegas economy but from time to time there have been indicators regarding a forthcoming recovery. A Las Vegas Review-Journal article pointed to a recent report […]
Subway Project Polarizes Community as Massive Funding is Sought from Government
By Alex Girda, Associate Editor
The city is set to start on its very own Subway. And this bit of news is definitely not about sandwiches. The San Francisco Municipal Transportation Agency awarded a substantial $233.6 million to American-Italian joint venture […]