News
Home Sales Still Up From Last Year, Prices Still Sliding
By Alex Girda, Associate Editor
The Las Vegas housing market continues its struggle in anonymity as significant drops in prices are followed by only moderate increases or stagnation. The Greater Las Vegas Association of Realtors has posted some lukewarm numbers, VegasINC […]
Post Investment Group Announces Eagerly Awaited Residential Development at the Gardens on Havana
By Gabriel Circiog, Associate Editor
Four years have passed since the opening of The Gardens on Havana and the shopping district is finally seeing a plan emerge for a residential development. The Aurora Sentinel reports Post Investment Group, a Los Angeles […]
Metro 510 Workforce Housing Now Complete, Welcomes Renters
By Georgiana Mihaila, Associate Editor
The new six-story Metro 510 is now complete, providing a viable option for renters that would benefit from the convenience of downtown living but cannot afford a place in high-rise condo towers. The community is a […]
Office Space Show Still Going On in San Francisco as Westcore Keeps Getting Bigger
By Alex Girda, Associate Editor
The Bay Area office market just keeps on landing punches like it’s fighting for its life, and considering the past three or four years, you could say it is. Westcore, one of the area’s major players, […]
Work Begins on Catholic University Project
By Adrian Maties, Associate Editor
Abdo Development, The Bozzuto Group and Pritzker Realty Group have started work this week on a project that will change the face of Washington’s Brookland neighborhood. It will transform The Catholic University of America’s South Campus […]
MetLife Sells 50% Stake in Houston’s Wells Fargo Plaza to NY Fund
In a move to “diversify its portfolio,” MetLife Inc. announced that it has completed the sale of a 50 percent interest in Wells Fargo Plaza to New York State Common Retirement Fund.
780 KSF of Bronx Retail, Courtesy of Prestige Properties
In one of New York City’s larger projects this year, Prestige Properties has announced the development of a 780,000-square-foot retail center in the Bronx, to be anchored by a new Macy’s store.
Cleveland State, Co-Developers Break Ground on $50M Mixed-Use
In conjunction with partners Polaris Real Estate Equities and Buckingham, Cleveland State University has begun a $50 million residential project, the largest single such development in the city for more than three decades.
Economy Watch: Italy’s a House on Fire, Trucking Index Rises
Panic is setting in about Italy, the world’s eighth-largest economy. Zillow finds that residential prices have been flat for the last two quarters. And the trucking-based Pulse of Commerce index rose 1.1 percent last month.
CoreNet Global Special Report: The Office of the Future
The picture of the future that emerged at last week’s CoreNet sessions in Atlanta had a few key themes — mobility, flexibility, technology — and CRE professionals grappled with an industry changing at the speed of light.