News
Economy Watch: Retail Continues Its Slow Recovery
While commercial real estate’s retail sector recovery has been slow since the Great Recession, it continues to improve with vacancies edging down and rents slightly up.
Medical Research Organization Renews Lease at Tampa Palms
Jaeb Center for Health Research expands and renews its lease at the Tampa Palms Community Development District to accommodate its growth.
Walker & Dunlop Closes $1.3B Seniors Housing Financing Deal
Walker & Dunlop is starting off 2016 strong with a $1.3 billion seniors housing refinancing package, marking the largest transaction in the company’s history.
Colliers Grows U.S. Practice with Purchase of London Firm
Colliers International’s acquisition of leading London property firm Hatton Real Estate will strengthen its investment and office agency practice in the U.K.
Positive Outlook for REIT Returns
NAREIT’s latest report reveals that stock exchange-listed REITs outperformed the broader U.S. equity market last year, likely signaling a good year ahead for REITs.
$251M Malcolm X College Debuts in West Side Chicago
The $251 million Malcolm X College & School of Health Sciences officially opened January 7 in Chicago’s West Side.
Economy Watch: The Year Ends With a Surge in Employment
Several industries important to CRE enjoyed employment gains, including professional and business services.
Rumors of Legg Mason, Clarion Deal Heat Up
Legg Mason, the Baltimore-based global asset manager, could soon be the new majority owner of real estate investment manager Clarion Partners in a deal valued at $850 million.
Alter Group Alters its Name
The noted national commercial real estate development firm known as the Alter Group has changed its name.
Intrawest Resorts Hires New President of Real Estate
Craig Cohn, the new president of real estate, will oversee Intrawest’s real estate planning and development.