the Editors of Commercial Property Executive
$350M Casino Drives Cleveland Forward
By Adrian Maties, Associate Editor
After the state gaming referendum passed in 2009, plans were set in motion all over Ohio to build casinos. Horseshoe Casino Cleveland will open in 2012, in the lower four floors of the Higbee Building at […]
An Attractive Healthcare Net-Lease Investment Property
By Toby Scrivner, Director, Stan Johnson Co.
For many investors, the healthcare asset class represents a targeted investment strategy within a growing business sector.
Incentives to Offset Residential Housing Include Smoke-Free Apartments
By Veronica Grecu, Associate Editor
A series of incentives meant to stir things up in the Chicago residential market may prove to be quite attractive for prospective renters or home buyers.
According to the International Business Times, Bank of America plans to […]
Multi-family Sales, Refinancing Moves in Downtown L.A.
By Alex Girda, Associate Editor
National City Tower is now up for sale, according to a RenTV.com story. The historic adaptive reuse development is a residential building and is now available for purchase at the asking price of $32.8 million. The […]
Detroit Welcomes Green Business Incubator in Zero Energy Building
By Veronica Grecu, Associate Editor
After more than two years, the renovation of one of the dilapidated buildings located at 4444 Second Ave. in Midtown Detroit is nearing completion. According to www.greengaragedetroit.com, the building dates back to 1920, when it served […]
Report Shows Increase in Detroit Home Sales
By Veronica Grecu, Associate Editor
Detroit region’s home sales rose 4.3 percent in May 2011 according to recent data released by MLS Realcomp II Ltd., a real estate information company based in Farmington Hills. The report quoted by Crain’s Detroit Business […]
Rental Demand High, Housing Prices Less so
By Alex Girda, Associate Editor
Real estate news this week revealed just how hard the recession has hit the market in recent years. A Denver Post story regarding the recent Standard & Poor’s/Case – Shiller Home Prices Index confirms that numbers […]
Guest Column: Healthcare Reform and Real Estate
The Patient Protection and Affordable Care Act is the most ambitious undertaking in the American medical field since Medicare’s highly controversial passage in 1965. Alter+Care senior vice president Donna Jarmusz discusses its implications for real estate.
JC Goldenstein: Who is Influencing Perceptions about the CoStar LoopNet Deal Online and What Are They Saying?
Commercial Property Executive asked CREOpoint to share some of the CREObuzz ™ highlights regarding the industry’s reaction to CoStar acquisition of LoopNet. Despite the clear fit between Research and Marketing, the sentiment was mixed. There was agreement that the combined company would be a “strong” (569 online mentions) “giant” “winner”. Although both CEOs Andrew Florance and Richard Doyle pushed upbeat messages about innovation, cost reduction and cross selling, most of the buzz ended up being about the “I own the market” culture of CoStar and likely price increases.
Office Property Sales Dominate Los Angeles Real Estate Market
By Alex Girda, Associate Editor
Los Angeles’ office sector continues to outperform the rest of the area’s real estate market, with property sales front and center. Office sales culminated this week with Majestic Investments’ purchase of a San Fernando Valley complex […]