News
Affordable Housing to Revamp the Bronx
By Veronica Grecu, Associate Editor
It may come as a surprise, but for those looking to relocate to the Big Apple, Bronx seems to be the best choice. Thanks to an intensive campaign initiated by county officials and private and public […]
Economy Watch: Household Wealth, HAMP
U.S. household wealth increased $943 billion during the first quarter of 2011, according to the Federal Reserve in its latest flow of funds report.
New Marriott Hotel in Naperville; Oak Park Developer Bankrupt
By Veronica Grecu, Associate Editor
Six months after the Janko Group announced the acquisition of the former Holiday Inn at 1801 Naper Boulevard, in a joint venture with the Bricton Group and a Heitman-managed real estate fund, the building was demolished […]
Rental Demand High, Housing Prices Less so
By Alex Girda, Associate Editor
Real estate news this week revealed just how hard the recession has hit the market in recent years. A Denver Post story regarding the recent Standard & Poor’s/Case – Shiller Home Prices Index confirms that numbers […]
Tampa Bay Goes Green, with Solar House, Cancer Support Community HQs
By Georgiana Mihaila, Associate Editor
Students and faculty members from four major Florida universities have teamed up to build what some say could be the future of housing in Florida: the solar house.
The project, to be situated on a bare lot […]
Cuts Could Delay Homeland Security Move to St. Elizabeths Hospital Campus
By Veronica Grecu, Associate Editor
Federal authorities’ decision to cut financing for the Department of Homeland Security could delay the redevelopment of the former St. Elizabeths Hospital campus to Anacostia for use as the DHS headquarters. Move-in had been planned for 2017.
Delays […]
Centex Develops Housing Community in Parkside
By Georgiana Mihaila, Associate Editor
Dallas-based Centex, part of the Pulte family of homebuilding brands, is staying consistent with its tradition of targeting first-time buyers with its new 208-home community.
To be called Parkside, the community will be located at Airport Road […]
Land Market at All-time Low; Housing on Break From Slide
By Alex Girda, Associate Editor
The neon lights of the Las Vegas strip are unable to shine a light on the city’s by-now famously distressed real estate. Real estate news has been overrun with headlines regarding decaying markets during recent weeks, […]
REITWeek Report: Brookfield Details 15 MSF Pipeline
Also in the works is an estimated $200 million to $300 million upgrade of the retail portion of the World Financial Center, Brookfield’s massive office and retail complex near the World Trade Center in Downtown Manhattan.
REITWeek Report: Inside the Industry’s Biggest M&As
Veteran leaders revealed what makes real estate mergers work.