Nicholas Ziegler
Economy Watch: Americans Go on Borrowing Spree
All species of consumer credit increased during the fourth quarter of 2011, according to the Fed. An optimism index published by Investor’s Business Daily improved 1.9 points for February. And the talks in Greece continue, proving to be nail-biting for investors.
Tom Fish on Financing Requirements
Tom Fish, Jones Lang LaSalle’s co-chairman & executive vice president of real estate investment banking, looks at the financing requirements borrowers are seeing in today’s lending environment – from the MBA CREF conference in Atlanta.
Skanska Signs $120M Construction Contract for Indiana Manufacturing Project
Industrial Contractors Skanska, the resulting entity of Skanska’s acquisition of Industrial Contractors Inc. just one month ago, has entered into its first contract to provide construction services for a manufacturing project in Indiana for $120 million.
CBRE to Handle Leasing, Management for Five Buildings in Houston Center
J.P. Morgan Asset Management has turned over to CBRE Group Inc. the property management and leasing of five buildings totaling 4.2 MSF in the Houston Center complex on the east side of downtown Houston.
MBA CREF Special Report: Banks Wary About Overbuilding in Key Apartment Markets
Construction lenders raised concerns about the possibility of future overbuilding in key multi-family markets at the MBA CREF 2012 conference, which opened Monday in Atlanta.
Economy Watch: Nervousness Grows (Again) About Greece
Greece pushed back its austerity deadline from Monday to Tuesday, but is under intense pressure to reach a deal. The Conference Board saw its Employment Trends Index rise 0.73 points in January. And CRE prices seem to have plateaued for the time being.
Cassidy Turley to Provide Leasing Services for 2.2 MSF D.C. Development
Cassidy Turley becomes part of a landmark development in Washington, D.C., with Property Group Partners’ selection of the firm to serve as the exclusive leasing services provider for the I-395 Air Rights Development.
TIAA-CREF Spends $58M on Grocery-Anchored Connecticut Retail
TIAA-CREF picked up Kings Crossing Shopping Center in Fairfield, Conn., from previous owner HH East Parcel L.L.C., an entity led by Summit Development.