News
HFF Obtains Financing for Chicago’s 401 North Michigan Ave. on Behalf of Zeller Realty Group
HFF recently announced that it has secured a five-year, floating-rate loan for 401 North Michigan Avenue in Chicago.
Z Block Project in Downtown Denver to Include 170-Room Sage Hospitality Hotel
The Z Block development project in Denver’s LoDo neighborhood will include a 170-room hotel by Sage Hospitality, the Denver Business Journal reports.
Canadian Home Builder Mattamy Launches Tucson Division
According to a recent written announcement released by Mattamy Homes, the home builder continues with its Arizona growth strategy and launches a new local division in Tucson. Mattamy already has a number of active communities and land positions in the Phoenix area.
Lee & Associates Makes Ohio Debut with New Cleveland Office
Commercial real estate services firm Lee & Associates, taking another step in its aggressive growth strategy, has established a footprint in Ohio with the opening of a new office in Cleveland.
INTERNATIONAL: Brookfield Multiplex Completes Micro Nano Research Facility at Melbourne’s RMIT City Campus
Brookfield Multiplex has completed construction of the Micro Nano Research Facility at the Royal Melbourne Institute of Technology University City Campus.
Kimpton Hotels Buys Historic Chicago Office, Plans $86M Conversion
Kimpton Hotels & Restaurants looked at an office building in Chicago and saw a boutique lodging destination.
BBG Adds Leitner Group to Fold
Butler Burgher Group has acquired Leitner Group Inc., which will serve as its New York City office. The purchase creates the fastest-growing independent valuation and consulting firm in the U.S.
Payne Becomes SARES-REGIS President of M-F Development
Multi-family veteran Christopher Payne has joined SARES-REGIS Group as its new president of multi-family development.
Economy Watch: Housing Starts, Inflation
U.S. housing starts jumped in July compared with June, according to the Census Bureau, while the Bureau of Labor Statistics reported an increase of 0.1 percent in the Consumer Price Index.
Economy Watch Weekly: Retail Sales and the EU
Economic editor Dees Stribling gives his update for the week ending Aug. 15, 2014.
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