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CBRE Brokers 1.2M-SF Portfolio Sale to Crow Holdings
DALLAS-TA Associates Lonestar portfolio, made up of 10 assets here and in Houston, is nearly 99% leased.
NAI Capital Hopes 320-Unit Multifamily Will Fetch $62M
RIVERSIDE COUNTY, CA-The Eagle Glen apartment property in Murrieta, CA, is being offered with an assumable loan and will attract investors looking for a newer stabilized property, says a source.
Economy, Election Focus of MBA CREF12 Opening Session
ATLANTA-The MBA CREF12 Conference kicked off Monday morning with opening remarks by the groups president and CEO and a political update by foes Ed Gillespie and Terry McAuliffe.
Industry Veteran John Cannon Joins Freddie Mac
McLEAN, VA-As Senior Vice President, Production & Sales at Freddie Mac, Cannon will be able to put his extensive ties to work for the agency, David Brickman tells GlobeSt.coms Erika Morphy.
Hyatt Plans More Than 900 Rooms in Saudi
JEDDAH, SAUDI ARABIA-The Chicago-based firm has paired with businessman Majid bin Ibrahim Al Ibrahim to build three new hotels in the country, with two here and one in Riyadh.
Six Questions for Aimco’s Bezzant
NEW YORK CITY-The executive vice president of the countrys biggest apartment REIT talked with GlobeSt.com about the sweet spot in the rental industryand it doesnt involve core assets.
Expansions, Broadened Strategy for GlobeSt.com
NEW YORK CITY-Staff expansions at GlobeSt.com support wide arrange of new initiatives.
Belmont Receives HUD Grant for New Senior Apartment Complex
BUFFALO, NY-Belmont Housing Resources will develop a new 50-unit senior apartment complex on the East Side neighborhood of Buffalo.
Bemus Bay Condominiums Under New Ownership
BUFFALO, NY-An investment company based in Pennsylvania has bought a new development on Chautauqua Lake.
Former Fraser Automotive Property Sells at Auction
SALISBURY, MA-An environmental services company has purchased the former Fraser Automotive site in Salisbury.
Spectrum Development Sells West Good Hope Road Strip Mall
MILWAUKEE-Wauwatosa-based Spectrum Development Group LLC has sold a West Good Hope Road strip mall for $900,000.
Ogden Closes Sale of Two Milwaukee Apartment Buildings
MILWAUKEE-Ogden & Co. Inc. of Milwaukee has completed the sale of two apartment buildings in Milwaukee.
Shrewsbury to Get GBP 150M Shopping Center
BIRMINGHAM, UK-A proposed new GBP 150-million shopping destination will replace three existing small retail centers in Shrewsbury.
Trey Embrey Takes Leadership Reins at Embrey Partners
SAN ANTONIO-Following a career as a commercial real estate buyer and developer both within Embrey Partners and outside, Embrey is promoted to president, with Walter Embrey Jr. continuing as CEO.
Grosvenor Names Head Of Asset Management
PHILADELPHIA-Industry veteran William P. Donohue will oversee US real estate assets.
Lenders Find Themselves Paying at the Pump
Defaults on gas station and C-store mortgages come with sector-specific headaches for banks, not least of which is the prospect of taking title to a property with environmental issues, says Petroleum Capital Advisors Donell.
Expectations Meet Reality in the Hunt for Yield. Finally
With too much equity supply, opportunistic investors have begun facing the facts and backing off from their previous aspirations of garnering returns in the mid-teens.
187,000-SF Shopping Center Trades for $31M
COVINGTON, WA-Clarion Partners buys a 98% occupied shopping center here, with Home Depot as the anchor, in this weeks wrap up of deals.
Finding the Deals is the Challenge
NEWPORT BEACH, CA-Panelists at Beech Street Capitals networking event say that multifamily financing is widely available and interest rates are low, but it is getting harder and harder to find deals.
One Pepsi Way Up for Sale
SOMERS, NY-The 206-acre, 540,000-square-foot campus, home to Pepsi Bottling Group at least through 2015, is being marketed by Cushman & Wakefield.

