Business Specialties
Economy Watch: CMBS Loss Severities Steady in ’15
A new report from Fitch Ratings revealed CMBS loss severities held steady in 2015, but loss severity is expected to rise somewhat this year.
Indianapolis’ Largest Rental Developments Completed in 2015
No fewer than 19 apartment communities were delivered in Indianapolis last year, adding more than 3,500 units to the city’s rental inventory.
Procaccianti Group’s Hotel Division Promotes New President & CDO
Meet Paul Sacco, president & chief development officer of TPG Hotels & Resorts, a division of the Procaccianti Group.
Report Details NYC’s Ambitious Environmental Plan
New York rolls out strategy for reducing the carbon footprint of its buildings.
GE Opens First Phase of South Carolina Manufacturing Plant
The $400 million advanced manufacturing facility in South Carolina will be the first of its kind for GE Power.
Public-Private Partnership Makes Waves in California
A deal for a $520 million civic project is called the first of its kind in North America.
ULI Special Report: REITs Revitalize Philly’s Market Street
ULI 2016 Spring Meeting attendees toured recent and under-construction properties from Brandywine Realty Trust and Liberty Property Trust that are transforming Center City.
Los Angeles’ Largest Rental Developments Completed in 2015
Last year’s balance sheet shows 23 new rental projects of 50+ units were completed in the area, adding 3,782 new apartments to the inventory.
$100M Mixed-Use Development to Include Royal Oak City Hall Offices
The mixed-use project will include the Royal Oak City Hall, a police station, a parking garage and 130,000 square feet of leasable office space.
Airbus’ Ashburn, Va. Facility Expands, Adds Employees
The aircraft manufacturer pledged to invest an additional $1 million in the facility, turning the Loudoun County location into the company’s largest material distribution center by customer volume.