Anna Spiewak
Economy Watch: New Home Sales, House Prices, Jobless Claims Up
Everything is on the upswing: new homes sales, as well as the amount of homes on the market that are for sale; U.S. house prices went up, especially in warmer climates, such as Florida; initial unemployment claims also rose.
Sabal Financial Picks Up $96M CRE Loan Portfolio
Sabal Financial picks up another loan portfolio, from The Bank of the West this time, during its recent commercial real estate shopping spree.
Breaking News: Health Care REIT Enters into Final Agreement to Buy Sunrise Senior Living
Health Care REIT became one of the world’s largest owners of seniors housing after entering into a definitive agreement to buy the outstanding common stock of Sunrise Senior Living.
JLL Completes 96,350-SF Deal for Perry Ellis in 1120 Avenue of the Americas
Perry Ellis will lease a Class A space in New York City’s famous 1120 Avenue of the Americas building to give the designer label more open space for its menswear collection.
Fannie’s, Freddie’s Woes Don’t Extend to M-F Side
New amendments to the GSEs, such as the percentage dividend payments to the Treasury and reductions to their investment portfolios, will still leave the multi-family market unscathed.
Trammell Crow Promotes Saphier, Nims
Trammell Crow promoted two of its employees — Saphier to president and Nims to principal of the Austin business unit.
Westport Capital Buys 220,000-SF Suburban Phoenix CRE Portfolio
Westport Capital Partners bought the Agave Center in Tempe, Ariz., with plans to increase leasing.
Update: Transfer of Cousins' Unit to C&W Good Move for Both Firms
Cushman & Wakefield’s acquisition of Cousins Properties third-party Client Services Group, located in Atlanta and Dallas, is a strategic move for both companies.
ICSC, JLL Findings: Retail Investment Globalizing
By Anna Spiewak, News Editor: The International Council of Shopping Centers and Jones Lang LaSalle Inc. issued a study showing that retail real estate is steadily going more global, as investors look for a yield in a post-Great Recession and recovery market.
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