News

Economy Watch: Status on Interest-Rate Increase?

The Fed has been clear in its stance on what needs to happen in order for interest rates to go up.

Verizon’s Record-Breaking Deal

C&W has helped Verizon broker a sizeable sale-leaseback.

JLL Introduces New Online News Site

JLL is giving commercial real estate watchers a new view or two–Real Views, to be precise.

Start-Up Seeks to Strengthen Site Selection Through Big Data

A website that launched earlier this week promises that it will bring “the next evolution in retail site selection.”

WNC’s New LIHTC Fund

WNC has closed an institutional low-income housing tax credit fund.

A10 Capital Funds Refinancing of 2 MOBs

Two medical office buildings from Austin’s metro have been refinanced through a $4.6 million bridge loan. The commercial mortgage has been funded by A10 Capital, is secured by the two Class B buildings, and provided leverage of approximately 65 percent.

City Council Approves $126M Redevelopment

Last week, the Cincinnati City Council unanimously approved a development agreement between the city and RBM Development, a company owned by Medpace Inc. founder and CEO Dr. August Troendle, that will result in a $126 million investment at the medical research company’s Madisonville campus.

Architects Plan 5,000-SF Expansion of Minneapolis’ Walker Art Center

HGA Architects and Dutch-based firm Inside Outside are planning a massive overhaul of the Walker Art Center in Minneapolis, The Architect’s Newspaper reports.

Lennar San Antonio Opens Briar Meadows Community in New Braunfels

East of IH-35, between Engel Road and Solms Road, in historic German town New Braunfels, is located one of the newest Lennar communities, Briar Meadows; a model home was recently announced open.

After Delays, Home2 Suites Nears Construction

Liberty Township is getting a new extended-stay hotel. Crestpoint Companies, a Mason-based developer, will start work on the project in the first week of June. The hotel is expected to cost $9 million.