Business Specialties
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.
McCarthy Breaks Ground on $73M L.A.- Area Transit Center
McCarthy Building began the construction of Bob Hope Airport Regional Intermodal Transportation Center on behalf of the Burbank-Glendale-Pasadena Airport Authority. The center will spread across a 20-acre site, adjacent to the Bob Hope Airport Train Station.
Henderson Retail Center to Add Cinema, Restaurant Anchors
By Alex Girda, Associate Editor In a bid to step up traffic at Green Valley Town Center in Henderson, American Nevada Co. will unveil an eight-screen, 40,000-square-foot multiplex at the property in October. Galaxy Theatres, the new operator, will fill the void left by a previous operator. The cinema will offer the 118,000-square-foot center a […]
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.
Howard Hughes, Others Pursue Mall Redevelopments in New Orleans
By Eliza Theiss, Associate Editor The Howard Hughes Corp. will be investing $70 million in redeveloping the Riverwalk Marketplace into an upscale outlet center, rebranding it The Outlet Collection at Riverwalk. Project plans call for increasing the property by 25 percent, to approximately 250,000 square feet, by late 2013. But The Outlet Collection at Riverwalk […]
Paul Daneshrad: Where Are the Best Multi-Family Investment Opportunities
Starpoint CEO Paul Daneshrad blogs on CPE’s From the Inside about the best locations for multi-family property investment.
Rappaport, Chestnut Hill Form CHR Investors
Real estate heavyweight Jerry Rappaport has joined Chestnut Hill as managing director on a new venture that will focus on apartment real estate investment.
JV Buys Office Building in Chicago’s West Loop
A joint venture has purchased 230 W. Monroe, a building in Chicago’s popular West Loop area. The building is the second of two similar Class B buildings to have been sold by the General Electric Pension Trust affiliate.
Talbert House to Build 39-Unit Affordable Housing Development in East Price Hill
By Adrian Maties, Associate Editor Talbert House started work on Aug. 9 on the Talbert House Grand Development Initiative, a complete renovation of an apartment building in East Price Hill that will provide affordable housing for people who want to live in a drug- and alcohol-free environment. More than 50 community leaders attended the groundbreaking […]