News
Economy Watch: Mixed Jobs Reports So Far This Week
The monthly parade of jobs numbers has begun again, first with a report by Challenger, Gray & Christmas, which on Wednesday reported an 11.6 percent rise in mass layoffs in June compared with the previous month.
Adaptive Reuse Planned for Historic Hangar 2 Site; Denver Area Hotels Part of Massive Package Deal
By Alex Girda, Associate Editor
Hartman Ely Investments and Larimer Associates have come up with a great idea to revive one of Denver’s historic spots. Part of the redeveloped Lowry Air Force Base, Hangar 2 was left out of the plan […]
Web-Design Company Aims for Platinum LEED
By Veronica Grecu, Associate Editor
Two dilapidated properties in Fishtown are being renovated to qualify for a LEED platinum certification, the highest U.S. Green Building ranking. The buildings located at 204 and 206 E. Girard Ave. were purchased for only $349,000 […]
New Student Grant Program will Offset Rents and Decrease Apartment Vacancies
By Veronica Grecu, Associate Editor
Grosse Pointe Park city officials and the Grosse Pointe Housing Foundation launched a student grant program that would help reduce the renting cost for 580 units. According to Patch.com, the program is designed to encourage young […]
Valencia College Construction will Incorporate Green Globes Standards; DeBartolo’s Latest Bet on Orlando
By Georgiana Mihaila, Associate Editor
Valencia Community College, after announcing its official change of name to Valencia College, has had another major event on its agenda—it broke ground on a new classroom building in Lake Nona. The new $21,750,000 facility is […]
Market Can’t Decide Whether It’s Recovering or Not
By Alex Girda, Associate Editor
The housing market has been one of the weak points of Las Vegas economy but from time to time there have been indicators regarding a forthcoming recovery. A Las Vegas Review-Journal article pointed to a recent report […]
Subway Project Polarizes Community as Massive Funding is Sought from Government
By Alex Girda, Associate Editor
The city is set to start on its very own Subway. And this bit of news is definitely not about sandwiches. The San Francisco Municipal Transportation Agency awarded a substantial $233.6 million to American-Italian joint venture […]
MSREI, Lincoln Property Snap Up 950,000-SF, $320M L.A.-Area Complex
Morgan Stanley Real Estate Investing and Lincoln Property Co. have become the new owners of the Parsons Campus, a 950,000-square-foot office property in the Los Angeles suburb of Pasadena.
Avison Young Buys Millennium Realty Advisors
Leading Canadian commercial real estate firm Avison Young has acquired Millennium Realty Advisors L.L.C., a top firm in metropolitan Washington, D.C.
C&W Arranges $47.5M Financing for Hawaii Hotel
Cushman & Wakefield Sonnenblick Goldman’s Global Hospitality Group announced Tuesday that the firm arranged a $47.5 million financing for the acquisition of the Courtyard Waikiki Beach, a 401-room property located in central Honolulu.