News
Bank Opens Headquarters in Downtown Orlando, Avectra Chooses Maitland
By Georgiana Mihaila, Associate Editor
Following Old Florida National Bank’s consolidation of several offices throughout Orlando, the locally owned bank has also opened its headquarters in downtown Orlando. Old Florida National Bank has signed a lease with Highwood Properties Inc. for […]
Grandview TIF Commission is Reviewing Two Redevelopment Proposals for Landmark Truman Corners Shopping Center
By Gabriel Circiog, Associate Editor Two plans have emerged for the redevelopment of the Truman Corners Shopping Center, the deteriorating suburban landmark. The Kansas City Star reports that the Grandview Tax Increment Financing Commission is reviewing two proposals. Truman Corners, located off U.S. 71 at Blue Ridge Boulevard, opened in 1957 and was deemed one of […]
COPT Sells Baltimore County Assets for $48.7M
By Adrian Maties, Associate Editor
Columbia-based Corporate Office Properties Trust announced that it sold two Baltimore County properties for $48.7 million as part of its Strategic Reallocation Plan. The properties are a 13-building portfolio in the Rutherford Business Center in Woodlawn […]
Partnership Breaks Ground on $60M SkyHouse Midtown
By Georgiana Mihaila, Associate Editor
Atlanta is one step closer to getting a brand new luxury apartment tower—the first high-rise apartment building to be built in Midtown for the past decade—as the 23-story SkyHouse Midtown prepares to break ground. The announcement […]
AMLI Residential Acquires 197-Unit Park Avenue Lofts; Kimco Expands Metro Denver Area Portfolio
By Gabriel Circiog, Associate Editor
AMLI Residential, a Chicago-based real estate investment company focusing on the development, acquisition and management of luxury apartment communities, has acquired Park Avenue Lofts in downtown Denver.
The 197-unit complex, located at 755 E. 19th Avenue, […]
Wood Partners to Begin Construction on 207-Unit Dallas Multi-Family
Capitalizing on the opportunities that the multi-family sector will present in the upcoming years, Wood Partners is slated to begin building two three-story apartment buildings on a five-acre plot in Southwest Dallas.
Skanska Acquires Indiana Construction Firm for $135M
Taking a big step in enhancing its civil business unit, Skanska USA has acquired the Evansville, Ind.-headquartered builder Industrial Contractors Inc. for $135 million.
After a Good Year in 2011, Apartment Industry Expects Another One in '12
After a turnaround year in 2010, the multi-family sector had a banner 2011. This year looks to be another bright one for apartments, as both economic and demographic factors will combine to push rental rates even higher.
Economy Watch: New Year, Same Old Nervousness in Euro Zone
Jan. 1, 2012 was the 10th anniversary of the euro’s introduction, but there was little celebration in Europe over the holiday weekend. The Dow ended the year up 5.5 percent, and the S&P 500 was practically even.
Dees Stribling's Economy Watch Weekly
Dees Stribling’s Economy Watch Weekly: The uncertainty of 2011 gives way to the uncertainty of 2012. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Dec. 16, 2011.