News
Swift Realty Buys 1 Million SF Bank of America Complex in Concord
By Alex Girda, Associate Editor
In one of the area’s largest local office trades of recent years, Bank of America’s 1.1 million-square-foot complex in Downtown Concord has come under the ownership of Swift Realty Partners, the Contra Costa Times reported. Clocking in […]
Light of Hope for Philadelphia Multifamily Developments; RDA Approves New Commercial Projects
By Veronica Grecu, Associate Editor
Recent data from IHS Global Insight released last week show a 14.6 percent increase of multifamily housing developments in June as compared to May figures, reports the Philadelphia Inquirer. New apartment and condo developments rose 30.4 […]
Detroit Housing Market Receives Extra Help From Local Companies
By Veronica Grecu, Associate Editor
The U.S. Department of Housing and Urban Development (HUD) agreed to remove Detroit from the “troubled designation list” where it had been since 2005. The decision was taken based on the recommendations offered by members of […]
Full Sail University Adds $17.5M Office Park and New On-Campus Facility
By Georgiana Mihaila, Associate Editor
Full Sail University recently purchased a $17.5 million office park close to its University Boulevard campus, adding 225,550 square feet of office space to its portfolio. Silver City Lakeview LLC, the real estate arm of the […]
Housing Market Still Lagging, Owners Trade Ambition for Realism
By Alex Girda, Associate Editor
Nevada’s housing market is not looking good, especially if you’re a real estate agent. VegasINC magazine used data from a HomeGain survey to point that out this past week. HomeGain is a California-based research and marketing […]
Properties Trade Hands in Denver
By Alex Girda, Associate Editor
One of the larger real estate deals perfected in Denver in took place recently, with the sale of the Courtyard Denver Downtown. The hotel was acquired by Bethesda-based DiamondRock Hospitality as shown by the company’s financial […]
224 KSF Silicon Valley Office Campus Commands $45.8M
Great America Place has come under new ownership now that DJM Capital Partners has sold the Silicon Valley property to Newcastle Partners in a $45.8 million transaction.
Investors Flock to Tampa Bay Apartment Assets
By Georgiana Mihaila, Associate Editor
Investment sales in Tampa Bay’s multi-family market continue to heat up. In a $14.3 million transaction, a Houston-based partnership has acquired the 444-unit Chaparral apartments in Largo, Pinellas County’s third-largest city. The 451,420-square-foot property is located […]
Taylor & Mathis to Oversee Leasing of IndCor’s 1.2 MSF Tampa Portfolio
Taylor & Mathis of Florida L.L.C. has picked up a management-leasing contract from IndCor Properties Inc. for 1.2 million square feet in the Tampa area.
Economy Watch: No Debt Deal Yet, Beige Book Reports Mediocre Recovery, U.S. Takes UBS to Court
Will the Republican rank-and-file get in line or continue to defy the Speaker? The Beige Book characterized the U.S. economy as middling at best. And the Federal Housing Finance Agency filed suit against banking giant UBS for allegedly peddling bad mortgages.