News
Economy Watch: U.S. Manufacturing Gains Steam
The nation is manufacturing with some gusto, but may not be producing that many jobs. After a stumble last month, U.S. manufacturing seems to be on its feet again.
Brookfield Sells $340M Houston Building to Chevron, Secures Company’s Lease Renewal Next Door
Chevron Corp. has certainly done its part to keep the Houston office real estate market active and Brookfield Office Properties has played a big role in the effort. The energy giant just acquired its 1.3 million-square-foot home base at 1400 Smith St. from Brookfield for $340 million.
$410M Expansion Underway at Four Winds Casino in Michigan
The Pokagon Band of Potawatomi Indians plans to accommodate eager gamers from Michigan and surrounding states with the $410 million expansion of its Four Winds Casino Resort in New Buffalo.
Harbor Group Lists Former BP Tower, Invests in Cleveland Real Estate
By Adrian Maties, Associate Editor
Harbor Group International L.L.C. has been actively trading Cleveland real estate lately. The Norfolk-based company has acquired a parking garage and is trying to sell one of the city’s most dominant skyscrapers.
Once known as BP Tower, the […]
Economy Watch: U.S. Construction Slumps Again
Construction spending dropped 0.6 percent in May to an annualized rate of $757.9 billion, according to the U.S. Department of Commerce on Friday.
New Dining Options for 1450 Brickell/One Broadway
By Georgiana Mihaila, Associate Editor
One of Miami’s newest Class-A office towers, the 35-story 1450 Brickell, continues making headlines one year after its inauguration. The first Miami office tower (and one of the first buildings in South Florida) to receive LEED-Gold […]
Bloomberg’s New Housing Marketplace Plan Allocates $8.4 Billion for Affordable Housing
By Veronica Grecu, Associate Editor
Senior Housing News highlights New York City’s adherence to the national effort to become more green and sustainable. An example is the completion of Serviam Gardens, an affordable housing complex for low- and moderate-income Bronx […]
Increased Home Prices, Low Vacancy Rate in Chicago Area
By Veronica Grecu, Associate Editor
With home prices improving for the third month in a row, the Chicago area real estate struggle might come to an end. A report issued last week by the Illinois Association of Realtors (IAR) and quoted […]
Austin’s Largest Downtown Marriott Could Start Construction in 2012
By Camelia Bulea, Associate Editor
A year ago it seemed that the 1,003-room hotel project was dead, but now it is very probable that construction will start in nine months. Upon completion it would be the largest downtown hotel in Austin.
The […]
Five Boston Communities to Be Revitalized
By Veronica Grecu, Associate Editor
Five dense urban communities have been chosen to take part in the Great Neighborhoods program, a complex regional and community planning initiative run by the Massachusetts Smart Growth Alliance that aims to change the lives of […]