the Editors of Commercial Property Executive
Laurel Street Residential Aquires Crosland’s Multi-family Affordable Housing Division
By Amalia Otet, Associate Editor
Laurel Street Residential has purchased the multi-family affordable housing development division from Crosland, LLC for an undisclosed price, according to MHN online.
Charlotte-based Crosland, LLC had decided in 2011 to divest its operating divisions and focus mainly […]
Rudin Management Plans Luxury Condos in Greenwich Village
By Veronica Grecu, Associate Editor
Last week, the New York City Planning Commission approved a redevelopment plan that would transform the former St. Vincent’s Hospital campus at 144 West 12th Street into luxury condos. The initiative, which belongs to local development […]
Miami Herald Signs Lease for New 158,000-square-foot Headquarters
By Georgiana Mihaila, Associate Editor
The Miami Herald Media Company has found a new place to call home: the former U.S. Southern Command headquarters in the heart of Doral. The Herald has signed a lease for the entire 158,265-square-foot building while […]
Builders Launch New Net-Zero Energy Homes for Denver Market
By Gabriel Circiog, Associate Editor
Utility bills could become a thing of the past as two Colorado builders launch new models for highly-efficient homes, The Denver Post reports. Although net-zero energy homes are already available from custom builders, KB Home and […]
New Hotel Project Shapes Up in Downtown; 156,000-square-foot Office Building Sold
By Camelia Bulea, Associate Editor
A 137-room Hampton Inn & Suites is planned to be built in downtown Austin near the University of Texas campus and the Capitol. The eight-story building will be built on the site that was once meant […]
Submit Your Rising Star
CPE is now taking submissions for our annual Stars to Watch feature. Submissions are due on Friday, January 20.
Submit Your Rising Star
CPE is now taking submissions for our annual Stars to Watch feature. Submissions are due on Friday, January 20.
Real Estate Lending: The Value of Community Banks
By Tom Ivory, Senior Vice President, Regents Bank
While community banks are finding it more and more difficult to compete with the mega-lenders, going small for your source of CRE capital does have its advantages.
Vornado, HFZ Buy Upper East Side Apartment Building for $170M
A joint venture of Vornado Capital Partners and HFZ Capital Group has purchased 11 E. 68th St. in New York City for $170 million plus closing costs and adjustments.
JLL: Hotel Investment Volume to Hold Steady in 2012
A new report by services provider Jones Lang LaSalle suggests global hotel transaction volume in 2012 will hold steady with last year’s total, hitting the $30 billion range.