News
Economy Watch Weekly: Dees Stribling’s Summary of Top Economic News
Economy Watch reporter Dees Stribling offers insights into the top economic news of the week ending Jan. 21 and what to watch out for in the coming week.
Tishman Speyer Plans Tower in Frankfurt
The company just revealed plans to build TaunusTurm, a premier 650,000-square-foot office tower in the German city’s financial hub.
Economy Watch: More Economic Encouragement
Ahead of official U.S. GDP numbers, 46 economists surveyed by USA Today are predicting that the economy will grow at an annualized rate of 3.2 percent to 3.4 percent each quarter of 2011 — an uptick in optimism.
Dallas Multi-Family Project Cinches Loan
The 341-unit property is scheduled to open next year in the city’s Design District.
Hotels Draw Buyers
A vintage California property and a hotel in the nation’s capital are only the latest signs of heightened investor interest.
Economy Watch: Existing Home Sales Surge in December
Existing-home sales spiked upward unexpectedly in December by 12.3 percent compared with November, according to the National Association of Realtors.
Joint Venture Sets Sights on Renewed Brownfield Market
Brownfield Partners L.L.C. has joined forces with EnviroFinance Group L.L.C. to launch a subsidiary focusing on brownfield redevelopment.
Northwest Care, Heitman Eye Seniors Housing in $125M Venture
The West Coast-focused strategy includes potential markets such as Portland, Sacramento, San Francisco, Los Angeles and San Diego.
South Florida Retail Center Fetches $66M in Sale to REIT
New owner Federal Realty Investment Trust cited the property’s densely populated Broward County trade area as well as its significant redevelopment potential.
Angelo, Gordon Takes Suburban Cincinnati Industrial Asset
Stan Johnson Co. arranged the sale of the 335,700-square-foot property for Cincinnati United Contractors, which developed the property in 2001.