News
The Right Legislative Moves Could Be Nevada’s Saving Grace
By Alex Girda, Associate Editor Recent real estate market reports regarding Nevada’s housing situation indicate that the long-awaited recovery could be postponed as average prices have dipped for the last few months. Residents and developers are waiting for a way out of this situation and a serious initiative is now under discussion. A piece of […]
Providence Clearly a Fan of Parks as Master-Planned Community Unveils Second Public Spot
By Alex Girda, Associate Editor The Providence master-planned community situated in the northwest part of the valley has recently inaugurated its second park. The community, located at 10695 Dorrell Lane, has now unveiled two parks that will benefit area residents, with another one in the pipeline. The Providence developer, John Ritter was quoted by The […]
Daisho Launches $300M Office Project in Brisbane’s CBD
Japanese developer Daisho Group has recently broken ground on a $300 million office tower in Brisbane, the capital and most populous city in the Australian state of Queensland.
Mill Creek Breaks Ground on M-F Project in Morristown, NJ
Mill Creek Residential Trust is holding a groundbreaking ceremony in Morristown, N.J., today for the 268-unit first phase of Latitude, a luxury apartment development.
RECon Special Report: Thousands Chase Deals in Las Vegas
Surging demand, new retail concepts and stirrings of new development were the talk of the Las Vegas Convention Center on Monday during the first day of RECon, the International Council of Shopping Centers’ annual spring convention.
Economy Watch: Lending Standards Easing for Biz, CRE; Chicago Fed Sees Lackluster Growth
Domestic banks, on average, report easing their lending standards over the past three months–and experiencing stronger demand in several loan categories. And led by declines in production-related indicators, the Chicago Fed National Activity Index decreased to –0.53 in April from –0.23 in March.
Peterson Acquires Simms Building for $1.75M and Begins Renovations
Bearing the hallmark of the city’s first modern, International Style skyscraper, the Simms Building was built in 1954 and listed on the National Register of Historic Places in 1998. Over the years, the building with the windowless brick walls on the east and west sides and glass curtain walls on the other two faces, has served Albuquerque’s commercial sector.
USAA Real Estate Partners with Patrinely Group for New Office Development in La Cantera
The commercial market of San Antonio prepares ground for a new office development on La Cantera Parkway. USAA Real Estate Co., the owner and master developer of La Cantera, and Patrinely Group LLC, announced to local brokers their collaboration on the WestRidge project.
$23M Film Studios for East NOLA; $1.6B Iberville Tremè Transformation Slowly Moves Along
Amid recent news and speculations regarding the future of New Orleans’ status as Hollywood South – namely Gov. Bobby Jindal’s recent proposal to decrease Louisiana’s film industry tax incentives – came some good news for local film production
Snohomish County M-F Property Trades Hands for $50M
Located at 12303 Harbour Pointe Boulevard, On the Green at Harbout Pointe gets its name from its position, directly adjacent to a golf course. The property offers up a number of 294 units, bringing Security’s total close to 600 residential units in three properties in Snohomish.