News
Economy Watch: Beige Book Issued, Debt Ceiling Debated
The Federal Reserve released the latest “Summer of Commentary on Current Economic Conditions by Federal Reserve District” (a.k.a. the Beige Book) and it was a mixed bag.
Philadelphia Real Estate ‘LEEDs’ the Way in Green
By Veronica Grecu, Associate Editor
Finding the right bit of real estate seems to be the perfect recipe for successful shops located in Downtown Philadelphia. A 10,000-sq.-ft. building at 1923 Chestnut Street purchased five years ago by Breakaway Bikes and Training […]
Land Banks and Tech Companies Help Economic Growth
By Veronica Grecu, Associate Editor
The sixth annual Land Bank Conference that was held in Detroit from June 5 to 7 at the MotorCity Casino Hotel reunited about 450 urban experts around the country. The discussions tackled the development and operation of land […]
Post’s New Multifamily Development will Provide Extra Construction Jobs
By Georgiana Mihaila, Associate Editor
A leading developer and operator of upscale multifamily communities, Post Properties Inc., has recently unveiled plans for yet another development that will add 410 more apartments to its inventory of 21,431 units. The Atlanta-based company will […]
REITWeek Report: Blair Says Now is the Right Time to Retire
Bryce Blair will continue to serve as chairman of the board for AvalonBay Communities Inc. through 2012, but is stepping down as CEO.
Cassidy Turley Hits $2B Mark in D.C. Office Investment Sales
The year-to-date figure marks a 450 percent increase in activity for the firm from mid-2010 to mid-2011.
Economic Recovery? Still a Ways Away, Roubini Warns
Is the economy recovering? Maybe. But Nouriel Roubini thinks we still have a ways to go.
Economy Watch: Bernanke, Want Ads
Speaking at the International Monetary Conference in Atlanta, Federal Reserve chairman Ben Bernanke acknowledged that the U.S. economy has been tepid, but also said not to worry about inflation.
CBRE’s Rudin to Depart for Brookfield
Mitch Rudin, who has served as president & CEO of the New York tri-state region for the last seven years, will leave the world of commercial real estate services to take on the role of president & CEO of U.S. commercial operations at Brookfield Office Properties.
Trade Street Acquires The Trails at Signal Mountain
The 172-unit apartment community is the investment firm’s third purchase in the city of Chattanooga, Tenn., in the last year.