News
Residential and Commercial Deals Thrive in West Loop
By Veronica Grecu, Associate Editor
Van Buren Lofts has recently started selling high-end residential units in a newly rehabbed building located at 1224 West Van Buren St. in the West Loop of Chicago. The eight-story building, which is now owned by […]
Penn National Takes Ownership of $1B Resort
This was no hostile takeover. The acquisition of the M Resort Spa Casino in Las Vegas was simply the exercising of an option.
Emeritus Buys Out $310M Portfolio
The firm financed the purchase of Blackstone Real Estate Advisors’ share of the assisted-living properties with $40 million in cash and an increase in mortgage debt responsibility, taking it to $220 million.
Economy Watch: Employment Weak, Bankruptcies Down
According to the U.S. Department of Labor, the U.S. economy added 54,000 jobs during May, which was a weak showing indeed.
Houston to Provide New Apartments for Seniors, Youths
By Georgiana Mihaila, Associate Editor
Both Bridgewood Property Co. and Judwin Realty Group L.L.C. have recently broken ground on major Houston-area apartment complexes, although they are targeting completely different markets.
Bridgewood is building a seniors apartment complex, the third such project in the […]
Transwestern Wins 4 MSF Management Gig
The commercial real estate firm has been given the assignment for Cabot Industrial Properties’ portfolio in Florida, a market Transwestern has targeted for the expansion of its management business.
Magleby to Head Capital Markets at Cushman
Cushman & Wakefield has tapped Curtis Magleby, a finance and investment specialist with two decades of experience, as senior managing director of capital markets & U.S. western region leader.
Economy Watch: ADP Numbers, Construction Spending
The equity markets were all atwitter — that is, stock-index futures plunged — after ADP Employer Services reported that U.S. employers added only 38,000 jobs in May.
Redevelopment Plan for Quincy St.; Financial District Welcomes Gemvara
By Veronica Grecu, Associate Editor
A plan put together by the Dorchester Bay Economic Development Corp. and some local development organizations aims to revitalize the Quincy Street neighborhood over the next two or three years. The corridor between Blue Hill Avenue […]
Central Development’s Manufacturing Plant will Generate New Jobs for Douglas County
By Alex Girda, Associate Editor
Real estate news in Denver this week seemed fairly consistent and did not contain any groundbreaking changes in the pace of the market.
Probably the most encouraging bit of news was Polystrand’s announcement regarding the construction of […]