News
Economy Watch: Home Foreclosures Down, But Still High
A 34 percent year-over-year decline may be merely a pause before the next uptick, RealtyTrack reported.
Education Realty Trust and NewSouth Capital Management to Occupy Ridgeway Center
By Amalia Otet, Associate Editor
Boyle Investment Co. has recently closed on two new long-term office leases that will bring Ridgeway Center’s occupancy to 95 percent. Education Realty Trust and NewSouth Capital Management are to join other notable tenants of the […]
Chicago High-End Condo Market Still Sluggish
By Veronica Grecu, Associate Editor
According to ChicagoRealEstateDaily.com, the city’s high-end condo market is far from healthy; only three condo units changed hands for more than $3 million in the past month. From a broader point of view, the number of […]
Trump Offers $170M for Doral Golf Resort & Spa
By Georgiana Mihaila, Associate Editor
Donald Trump is eying several golf deals in Florida, with plans to start with the purchase of the Doral Golf Resort & Spa; Trump has confirmed that his company will pay $170 million for the luxury […]
BOKA Plans 302-Unit Complex; Sears Considers Austin for Headquarters
By Camelia Bulea, Associate Editor
A week ago, BOKA Powell announced its plan to develop a four-acre residential development south of Lady Bird Lake. The project, called River View, will include 302 apartments, which will be located in four buildings ranging […]
Charlotte Pipe and Foundry Co., EPRI Acquire Industrial Properties in Charlotte; NC to Host New Facebook Data Center
By Amalia Otet, Associate Editor
Charlotte Pipe and Foundry Co., a producer of Cast Iron, PVC, ABS and CPVC pipe and fittings for plumbing and industrial systems, has purchased 18.4 acres off West Morehead and South Clarkson Streets, for $21.6 million.
The […]
Greco Eyes March 2012 Start for $32M South Minneapolis Multi-Family Project
By Camelia Bulea, Associate Editor
Greco L.L.C. is planning a March 2012 construction start for a $32 million residential project in south Minneapolis which will include 170 market-rate apartments, 220 underground parking spaces and 7,500 square feet of commercial space.
The project […]
SunEdison Secures $300M for Solar Projects in U.S. & Canada
The solar energy services provider just obtained a $300 million three-year revolving credit facility through Deutsche Bank Securities Inc. and Rabobank.
Global Direct Investment Up 43% This Year: Jones Lang LaSalle
Transactions in Europe, the Americas and the Asia Pacific region totaled $297 billion through the third quarter.
Sabal Acquires $153M Loan Portfolio Secured by CRE
Purchased from a bank in the Midwest, the geographically diverse portfolio is secured by retail, office and industrial assets.