Business Specialties
Video Recap: State of the Industry from MBA CREF
Members of Jones Lang LaSalle Inc.’s executive team discuss industry trends from the Mortgage Bankers Association’s Commercial Real Estate Finance/Multi-Family Housing Convention & Expo 2012 that concluded last week in Atlanta.
JLL to Handle Leasing Efforts for 510 KSF California Office Complex
LNR Property L.L.C., the owner of Warner Center IV in Woodland Hills, Calif., has tapped services firm Jones Lang LaSalle Inc. to lease the 509,923-square-foot Class A office complex.
Fountain, Crosswind to Build Dallas-Area Student Housing
Fountain Residential Partners of Dallas, in association with Crosswind Development Partners, plans to break ground this spring on a luxury 139-unit, 427-bed student-housing community adjacent to the University of North Texas in Denton. The 33 North project is scheduled for completion in fall 2013.
Economy Watch: Home Builders, Manufacturers Perking Up
Home-builder confidence rose for the fifth consecutive month, reaching its highest level in four years. Manufacturing indices, too, are up. And the Fed reiterated its commitment to rock-bottom interest rates at least through the end of 2014.
Empire State to Become REIT? Plans $1B IPO
Malkin Holdings L.L.C., supervisor of Empire State Building Associates L.L.C., owner of the world-renowned Empire State Building in Manhattan, has gotten everyone’s attention with the revelation — in documents filed with the Securities and Exchange Commission — that ESB Associates plans to become a REIT.
Sustainable Solutions: Syska Hennessy’s Co-Presidents Evaluate Green Efficiency Measures
Syska Hennessy Group co-presidents Gary Brennen and Cyrus Izzo discuss effective sustainability, or “high-performance,” methods.
Visionaries: Building Evolution: Syska Hennessy’s Co-Presidents Rate Construction Improvements, Recommend Future Needs
Syska Hennessy Group co-presidents Gary Brennen and Cyrus Izzo discuss the most beneficial solutions being implemented in building design and development today, where shortcomings remain and what owners’ and developers’ priorities should be for the greatest efficiencies in the future.
HFF Arranges $85M Refi on 22-Property, 3 MSF Portfolio
An affiliate of a real estate fund managed by Oaktree Capital Management and Cohen Asset Management tapped Holliday Fenoglio Fowler to orchestrate a $85 million refinancing for a 22-property portfolio.
Parkway Properties Takes Tempe’s Hayden Ferry Lakeside II for $86M
The 12-story, Class A Hayden Ferry Lakeside II office building has just sold for $86 million to an affiliate of Parkway Properties Inc., which also owns the adjacent Hayden Ferry Lakeside I building.
Sterling, Specialized Partner on 1,232-Bed Project at University of Arkansas
Sterling University Housing has partnered with Specialized Real Estate Group to construct two student-housing developments — totaling 1,232 bedrooms — near the campus of the University of Arkansas-Fayetteville.