Regions
Economy Watch Weekly: With Retail Sales Up, is US Ready for Rate Hike?
Could a strong month for retail sales this September encourage the currently divided Fed to raise interest rates before the end of the year? Economy Editor Dees Stribling weighs in on the topic, for the week ending Oct. 14, 2016.
SL Green Breaks Ground on One Vanderbilt
Set to be NYC’s second tallest tower, the property will include direct connections to Grand Central Terminal, which will receive $220 million in upgrades as part of the deal.
Michael Robinson Becomes Avison Young Principal
Reputable appraiser and filmmaker joins Avison Young’s valuation and advisory group in New York City.
Economy Watch: U.S. Industrial Production Ekes Out Gain
A recent Federal Reserve report revealed modestly good news for industrial real estate, especially for those properties handling U.S.-produced goods slated for export.
Commercial Alliance Las Vegas Appoints 2017 President
Jennifer Ott’s extensive track record recommended her for the new role, which she will take on in January 2017.
Allianz Secures Stake in Park Place Mixed-Use Campus
The company has entered a joint venture with LBA Realty and Principal Real Estate Investors.
Aclara Relocates to Westport Plaza in St. Louis
With the addition of Aclara, the 42-acre Westport Plaza business complex is more than 90 percent occupied.
BH Properties Scores $338M Manhattan Hotel Deal
The Los Angeles-based company has acquired a portfolio of leased fee positions under three New York City hotels from Lexington Realty Trust.
New Industrial Project Underway in Staten Island
Matrix Development has broken ground on a 200-acre logistics park on a site initially designated for a NASCAR racetrack.
Apollo Commercial Completes $130M Loan
The company closed on a junior mezzanine loan for a portfolio of 155 healthcare properties across 20 states.
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