News
Ground Breaks on Luxury 323-Unit M-F Project in San Antonio
USAA Real Estate Co., in partnership with Cambridge Development Group, broke ground on a 323-unit multi-family project in San Antonio.
Kennedy Wilson Partnership Picks Up $449M Irish Loan Portfolio
Kennedy Wilson has partnered with Deutsche Bank AG’s European Commercial Real Estate Group to buy a loan portfolio secured by commercial real estate assets in Ireland.
Breaking News: C&W to Buy Cousins’ Third-Party Client Services Group
Cushman & Wakefield will buy Cousins Properties Inc. third-party Client Services Group, located in Atlanta and Dallas.
Economy Watch: Retail Sales, SoCal Homes Up; EU Economy Down
Consumers shopped a lot more this time around, pulling retail sales up compared to the previous month. Southern California, one of the worst-hit national real estate markets, is showing signs of recovery. The EU budget, on the other hand, continues to shrink.
Beech Street Closes $371M Loan Package for 5,517-Unit M-F Portfolio
Beech Street Capital Inc. has provided the funding for the recapitalization of a 5,517-unit apartment portfolio in Maryland.
Archstone Plans $100M IPO
Archstone Inc. recently filed a registration statement with the Securities and Exchange Commission for a potential public offering of its common stock with a proposed maximum offering price of $100 million.
Economy Watch Weekly: Housing Prices Up–Even in Las Vegas
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Aug. 10.
UA to Move HQ to Willis Tower, Space to Total Over 800 KSF
United Airlines will be moving into Chicago’s iconic Willis Tower in what is reported as the largest office lease transaction in the city’s history.
Continental Properties Breaks Ground on The Springs at Stone Oak Village
By Camelia Bulea, Associate Editor While the single-family housing market in San Antonio attempts to recover from the collapse, the multifamily market is seeing important growth, mainly due to renter demand. With an occupancy rate of 94 percent, San Antonio’s far North Side is rapidly growing in popularity, creating the necessary requirements for a booming […]
Louisiana Housing Corp. Opens 224-Unit Senior Living Center
By Eliza Theiss, Associate Editor New Orleans’ newest seniors housing community, the 224-unit Village de Jardin targeting residents 55 and older, has announced an opening date of Aug. 14, reported New Orleans CityBusiness. Located at 8801 Lake Forest Blvd. in eastern New Orleans, the senior living community has been developed on the site of the […]