News
HFF Arranges Financing for CO Office Asset
The six-story, Class A office building, which was built in 1998 and renovated in 2017, was 94 percent occupied at the time of the sale.
Delta Hotels by Marriott Comes to Chesapeake Bay
The recently transacted hotel, situated on the Chesapeake Bay beach, will undergo a $25 million renovation program in the fourth quarter of 2018.
GSE Multifamily Activity
MBA’s commercial/multifamily mortgage bankers origination index reported an 8 percent increase in the dollar volume of loans closed for Fannie Mae and Freddie Mac between the first quarter of 2017 and the first quarter of 2018.
Economy Watch Weekly: Retail Market Remains Strong Despite Decline
Most retail categories gained ground for the month. However, there were a few losers such as furniture stores, down 2.4 percent. Economy Editor Dees Stribling gives a breakdown of the retail sales market, for the week ending June 15, 2018.
Richmond Honan Picks Up Atlanta Offices
A joint venture between Pope & Land Enterprises and Noro traded the two buildings for $44 million. The seller bought the property in 2015 for $24.5 million.
CommercialCafe Report: What to Do With Vacant Land in Major CBDs?
Covering the central business districts of 25 U.S. metros, the study proposes solutions through the voices of citizens in said areas. How much land? Try 442 football fields worth of infill space.
CRE News from the NAREE Conference
Speakers at the 2018 National Association of Real Estate Editors Journalism Conference, which took place on June 13-16 in Las Vegas offered forecasts, analysis and personal experiences, spanning the major property sectors.
Cushman & Wakefield Research Head Offers Forecast for 2020
What’s in store for commercial real estate—slowdown, recession or neither? Revathi Greenwood presents the outlook at NAREE’s national conference in Las Vegas.
Economy Watch: US Expansion Showing Its Age, Wells Fargo Reports
The U.S. economic expansion, now the second-longest ever, is looking a little long in the tooth, but REIT fundamentals are still strong.
Ground Breaks on 1.4 MSF Chicago Office Tower
Howard Hughes Corp. and Riverside Investment & Development Co. have already signed Bank of America to a 500,000-square-foot lease at 110 North Wacker, scheduled for delivery in the fourth quarter of 2020.