News
Courtyards at Normandy Phase I Complete
By Georgiana Mihaila, Associate Editor
Developer Crescent Estates Custom Homes has completed the first phase of its luxury community The Courtyards at Normandy. Phases II and III are to follow, adding new landscaping, plantings and seasonal colors to the luxury community.
Occupying […]
Nationwide to Build 300,000-SF, Fortified for Safer Business Campus
By Camelia Bulea, Associate Editor
San Antonio will soon be home to the United States’ first and only FORTIFIED for Safer Business™ commercial building. The project will house Nationwide Insurance, which plans to place 1,800 employees there, 800 of them new hires.
The Ohio-based […]
Crowne Plaza Tampa East Purchased by Interstate Hotels
Interstate Hotels & Resorts has just announced its acquisition of the 265-room Crown Plaza Tampa East in a joint venture with Waramaug Hospitality L.L.C. and a private investment group.
Industry Leaders Dial Back Expectations: Real Estate Roundtable
While several surveys of late have generally said the economic outlook is improving, the CRE executives at the Real Estate Roundtable have seen their outlook drop to its lowest point since 2009.
Economy Watch: Consumers a Little More Optimistic, Little-Noticed Trucking Index Rises
A Reuters consumer-sentiment index saw an uptick in late October, but the BEA said U.S. consumers are earning more but saving less through September. And a little-noticed trucking index made year-over-year gains in August.
Century-Old Marigny Building to Convert to M-U Apartments
By Amalia Otet, Associate Editor
Julian Doerr Mutter, president & CEO of Doerr Furniture, recently announced plans to redevelop the three-story brick building at 511 Marigny St. and transform it into 48 apartments with commercial space on the ground floor.
Built in […]
Matthew Perry is a Realtor’s Best Friend; Hollywood-Like Stunts Used to Sell Homes
By Alex Girda, Associate Editor
Celebrities are often the subject of real estate ventures and misadventures in a market like Los Angeles, but they’re rarely as exciting as the recent endeavors of Matthew Perry. According to The Hollywood Reporter, the former […]
Uptown Project Attracts Retail, Restaurants to University Circle
By Adrian Maties, Associate Editor
Though months from opening, the Uptown Project in Cleveland’s University Circle is fast running out of retail room. Already, 95 percent of the ground-floor space in two apartment buildings has been filled by local and national […]
Work to Finally Start on Mixed-Use Rookwood Exchange
By Adrian Maties, Associate Editor
After years of court battles and financial difficulties, a $125 million project will begin construction in Norwood in November, helping to propel the city forward and overcome years of budget deficits. For nearly 10 years, on a […]
Home Properties Buys Alexandria’s Newport Village for $205M
By Adrian Maties, Associate Editor
Home Properties Inc. has paid $205 million for the Newport Village in Alexandria, Va., making it the largest acquisition in the company’s history in terms of price paid for an asset. The apartment community was purchased […]