Cities
Land Market at All-time Low; Housing on Break From Slide
By Alex Girda, Associate Editor
The neon lights of the Las Vegas strip are unable to shine a light on the city’s by-now famously distressed real estate. Real estate news has been overrun with headlines regarding decaying markets during recent weeks, […]
Philadelphia Real Estate ‘LEEDs’ the Way in Green
By Veronica Grecu, Associate Editor
Finding the right bit of real estate seems to be the perfect recipe for successful shops located in Downtown Philadelphia. A 10,000-sq.-ft. building at 1923 Chestnut Street purchased five years ago by Breakaway Bikes and Training […]
Land Banks and Tech Companies Help Economic Growth
By Veronica Grecu, Associate Editor
The sixth annual Land Bank Conference that was held in Detroit from June 5 to 7 at the MotorCity Casino Hotel reunited about 450 urban experts around the country. The discussions tackled the development and operation of land […]
Post’s New Multifamily Development will Provide Extra Construction Jobs
By Georgiana Mihaila, Associate Editor
A leading developer and operator of upscale multifamily communities, Post Properties Inc., has recently unveiled plans for yet another development that will add 410 more apartments to its inventory of 21,431 units. The Atlanta-based company will […]
City Officials Approve New Developments
By Veronica Grecu, Associate Editor
One of the biggest real estate transactions in Boston’s history was secured last week, when the city’s Food and Drug Administration approved Vertex’s Pharmaceutical Inc.’s (Nasdaq: VRTX) treatment center for hepatitis C on Fan Pier. The […]
Miami to Get $2 Billion ‘Resorts World’
By Georgiana Mihaila, Associate Editor
In one of the largest inbound investments in Miami history, Asia’s third largest casino company has reported paying $236 million for the Miami Herald building and the 14 acres of waterfront land surrounding it.
The buyer, a […]
Non-Profits to Provide Extra Care for People, Animals
By Georgiana Mihaila, Associate Editor
Atlanta’s oldest non-religious non-profit charitable organization has made public its plans of relocating from downtown, opting for the suburbs. The Atlanta Humane Society is now in possession of seven acres at 1565 Mansell Road in north […]
Dallas Transactions Leave a Mark
By Georgiana Mihaila, Associate Editor
In one of the biggest recent purchases within the Dallas area, New York-based Praedium Group, in collaboration with Mike Ochstein, president of Price Realty Group, has acquired the 362-unit Hidden Creek Apartments at 1200 College Parkway, […]
San Francisco MOMA Extension Exhibit in Own Right
By Alex Girda, Associate Editor
The biggest news San Francisco real estate had to offer this past week was undoubtedly the announced expansion of the city’s Museum of Modern Arts. The development is set to contrast the architecture of the original […]
Office Market Booming in New York
By Veronica Grecu, Associate Editor
Boston Properties Inc. will resume construction of a 39-story office building in Midtown Manhattan. The company recently signed a 15-year lease for 180,000 square feet of office space with law firm Morrison & Foerster LLP as […]