Cities
Detroit Housing Market Receives Extra Help From Local Companies
By Veronica Grecu, Associate Editor
The U.S. Department of Housing and Urban Development (HUD) agreed to remove Detroit from the “troubled designation list” where it had been since 2005. The decision was taken based on the recommendations offered by members of […]
Full Sail University Adds $17.5M Office Park and New On-Campus Facility
By Georgiana Mihaila, Associate Editor
Full Sail University recently purchased a $17.5 million office park close to its University Boulevard campus, adding 225,550 square feet of office space to its portfolio. Silver City Lakeview LLC, the real estate arm of the […]
Housing Market Still Lagging, Owners Trade Ambition for Realism
By Alex Girda, Associate Editor
Nevada’s housing market is not looking good, especially if you’re a real estate agent. VegasINC magazine used data from a HomeGain survey to point that out this past week. HomeGain is a California-based research and marketing […]
Properties Trade Hands in Denver
By Alex Girda, Associate Editor
One of the larger real estate deals perfected in Denver in took place recently, with the sale of the Courtyard Denver Downtown. The hotel was acquired by Bethesda-based DiamondRock Hospitality as shown by the company’s financial […]
Investors Flock to Tampa Bay Apartment Assets
By Georgiana Mihaila, Associate Editor
Investment sales in Tampa Bay’s multi-family market continue to heat up. In a $14.3 million transaction, a Houston-based partnership has acquired the 444-unit Chaparral apartments in Largo, Pinellas County’s third-largest city. The 451,420-square-foot property is located […]
Spring Multi-Family Complex Hits the Market
By Georgiana Mihaila, Associate Editor
The Villages of Louetta, a gated multi-family complex in North Houston’s Spring district, has come to market, Citybizlist reported. The seller is a joint venture between Prudential Real Estate Investors, on behalf of one of its advisory clients, and […]
Principal Takes NoMa Office Building for $149.5M; Kelley Drye Extends Lease in Georgetown
By Veronica Grecu, Associate Editor
Underscoring the continued strength of the capital’s office investment market, Capitol Plaza has traded to Principal Real Estate Investors L.L.C for $149.5 million, the property’s sellers, a joint venture of AREA Property partners L.P. and Van […]
D.C.’s Capitol Plaza Sells for $150M to Principal Real Estate Investors
One of the brightest spots in D.C., the NoMa district, has just seen its Capitol Plaza office building change hands to Principal Real Estate Investors, L.L.C., for $149.5 million.
Transwestern’s Management Portfolio Increases by 1.6 MSF with Sumitomo Deal
Transwestern has increased its management responsibilities by approximately 1.6 million square feet after being chosen by Sumitomo to act as exclusive property manager.
Barrio Logan Neighborhood Close to Completing Mixed-Use Residential and Commercial Project
By Gabriel Circiog, Associate Editor
Located south of downtown, the working-class neighborhood Barrio Logan is getting close to completing a $58 million mixed-use residential and commercial project aimed at Hispanic shoppers. The New York Times informs that the development has entered […]