News
New Apartments, Retail Underway on North Central Expressway
By Georgiana Mihaila, Associate Editor
Developers Inland American Communities Group and Hanover Co. are showing interest in the North Central Expressway area. Both are planning on adding a large number of apartments and retail space there.
Inland American’s Cityville CityPlace has been […]
Kennecott Utah Cooper Acquires Northwest Quadrant from LDS Church
By Gabriel Circiog, Associate Editor The Northwest Quadrant is again the center of attention, following a transfer in ownership from the Church of the Latter-Day Saints to Kennecott Utah Cooper. The Salt Lake Tribune reports that the 3,100 acres of land west of Salt Lake City International Airport were traded by the church’s Property Reserve Inc. […]
Developers Move Forward with St. Mary’s Stadium, Kennedy Station
By Camelia Bulea, Associate Editor
Two large development projects are taking place in San Antonio and surrounding area: St. Mary University’s outdoor sports complex and Kennedy Station, a residential and commercial development meant to offer housing to oil-field workers in the […]
Chateau Bourbon to Become Hyatt French Quarter Hotel
By Amalia Otet, Associate Editor
The Chateau Bourbon Hotel of New Orleans is about to get a major makeover.
Carey Watermark Investors Inc., a real estate investment trust mainly focused on acquiring properties in the lodging and lodging-related sectors, recently closed on […]
Malibu Home Sales Cater to Rich; Ice House Trades Hands for Cool Amount
By Alex Girda, Associate Editor
Troubled times in the Los Angeles housing market have even impacted owners you would never expect to sell. Malibu, for instance, has seen a dramatic drop in prices during 2011, even compared to 2010, when prices stood […]
Cleveland’s Historic Arcade Fails to Attract Bidders
By Adrian Maties, Associate Editor
The historic Arcade building in downtown Cleveland hit the auction block last week, after a two-year foreclosure process. Despite the property’s $7.7 million price tag, it failed to attract a single bid.
The landmark property includes a 293-room […]
Refi Alert: $56M for Honolulu Multi-Family, $47.5M for Renaissance Raleigh
Lenders are slowly becoming less shy about doling out financing loans, and the Oasis at Waipahu apartment community near Honolulu and the Renaissance Raleigh North Hills Hotel in Raleigh, N.C., have garnered an aggregate $103.5 million.
City Proposed Improvements Linked to Horseshoe Casino
By Adrian Maties, Associate Editor
There may still be some time before the Horseshoe Casino opens in Cincinnati, but its simple presence is enough to have a positive influence and help community development. On Sept. 6, during the Budget and Finance […]
Accenture Relocates to D.C. from Reston, Investors Snap Up D.C.-Area Properties
By Veronica Grecu, Associate Editor
Global management consulting, technology services and outsourcing company Accenture PLC will relocate its Reston Town Center operations to a new facility located at 800 N. Glebe Road in Arlington. The lease agreement was confirmed this week […]
Manatee High School Gets New $17M Performing Arts Building
By Georgiana Mihaila, Associate Editor
The new Davis Building is now ready to welcome the Manatee High School students. Creative Contractors Inc. has completed the $17 million performing arts facility, which stands on the site of the former 1926 Paul F. […]