News
Residential Boom, Revamped Planetarium in Chicago
By Veronica Grecu, Associate Editor
Chicago seems to be heading toward an apartment construction boom. The Chicago Sun-Times recently listed the most prominent residential communities under development in Chicago. An old office tower at 188 W. Randolph St., built in the […]
Miami’s Brickell CitiCentre and 1700 Biscayne Boulevard Approved by City Commissioners
By Georgiana Mihaila, Associate Editor
June 23 marked a great day for developers Swire Properties and James Goldstein, as Miami city commissioners approved both of their major projects that are to reshape the city core.
In an attempt to create Miami’s own […]
Police, Fire, Emergency Operations to be United in “Green” Public Safety Complex
By Gabriel Circiog, Associate Editor
The construction of the new Salt Lake City public safety complex has officially started at 300 East and 500 South. The architecture team of GSBS Architects and Civitas, an Urban Design firm, have come up with […]
Rebuilding New Orleans East
By Amalia Otet, Associate Editor
Six years after Hurricane Katrina, its effects are still visible. Combined efforts of the U.S. government and for-profit and non-profit organizations are bringing Eastern New Orleans back to life. Several redevelopment programs have been launched since 2006, successfully providing […]
NAA Coverage: Echo Boomers Now Largest Apartment Group
Baby Boomers have been usurped in their position as the leading demographic group, and apartment marketers would do well to recognize the preferences of this age group versus those of their parents, suggested speakers at a session at the National Apartment Association Education Conference & Exposition in Las Vegas.
Economy Watch: Home Sales, Oil Reserves
New home sales dropped 2.1 percent in May compared with April, according to the U.S. Census Bureau, which was a drop, but not as much of a drop as economists had expected.
Gaylord Goes West
Gaylord Entertainment has selected High Point, a gargantuan master-planned business district being undertaken by LNR Property L.L.C.’s Commercial Property Investment Fund L.P. in Aurora, Colo., for its latest project. The hospitality and entertainment company will build an $800 million resort and convention hotel on 85 acres at LNR’s sprawling development.
Analysis: NAI Purchase Reflective of Corporate America
Real estate investment company C-III Capital Partners L.L.C.’s announcement that it will acquire NAI Global — combining its commercial real estate loan servicing, loan origination, fund management and principal investment activities with the largest network of independent commercial real estate firms in the world — turned heads in the industry, but the deal says just as much about where the country is going as it does about the real estate market.
Acquisition of NAI Global Bolsters C-III’s Market Presence
NAI — whose network comprises 5,000 employees and 350 offices in the U.S. as well as 55 countries worldwide — will continue to operate as a separate company. The firm provides corporate, financial, technology and project management services.
Half-Million-SF Lease Near Trenton
Kenco Logistic Services L.L.C. has laid claim to more than half of the industrial building at 100 W. Manor Way in Robbinsville, N.J., with the signing of a 504,300-square-foot lease. The four-year-old facility sits along the New Jersey Turnpike.