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CBRE Brokers 1.2M-SF Portfolio Sale to Crow Holdings

globest.com - 1 hour 10 min ago

DALLAS-TA Associates’ Lonestar portfolio, made up of 10 assets here and in Houston, is nearly 99% leased.

Categories: Multi-family Housing

NAI Capital Hopes 320-Unit Multifamily Will Fetch $62M

globest.com - 1 hour 10 min ago

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.

Categories: Multi-family Housing

Economy, Election Focus of MBA CREF12 Opening Session

globest.com - 1 hour 10 min ago

ATLANTA-The MBA CREF12 Conference kicked off Monday morning with opening remarks by the group’s president and CEO and a political update by foes Ed Gillespie and Terry McAuliffe.

Categories: Multi-family Housing

Industry Veteran John Cannon Joins Freddie Mac

globest.com - 1 hour 10 min ago

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.com’s Erika Morphy.

Categories: Multi-family Housing

Hyatt Plans More Than 900 Rooms in Saudi

globest.com - 1 hour 10 min ago

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.

Categories: Multi-family Housing

Six Questions for Aimco’s Bezzant

globest.com - 1 hour 10 min ago

NEW YORK CITY-The executive vice president of the country’s biggest apartment REIT talked with GlobeSt.com about the “sweet spot” in the rental industry—and it doesn’t involve core assets.

Categories: Multi-family Housing

Expansions, Broadened Strategy for GlobeSt.com

globest.com - 1 hour 10 min ago

NEW YORK CITY-Staff expansions at GlobeSt.com support wide arrange of new initiatives.

Categories: Multi-family Housing

Belmont Receives HUD Grant for New Senior Apartment Complex

globest.com - 1 hour 10 min ago

BUFFALO, NY-Belmont Housing Resources will develop a new 50-unit senior apartment complex on the East Side neighborhood of Buffalo.

Categories: Multi-family Housing

Bemus Bay Condominiums Under New Ownership

globest.com - 1 hour 10 min ago

BUFFALO, NY-An investment company based in Pennsylvania has bought a new development on Chautauqua Lake.

Categories: Multi-family Housing

Former Fraser Automotive Property Sells at Auction

globest.com - 1 hour 10 min ago

SALISBURY, MA-An environmental services company has purchased the former Fraser Automotive site in Salisbury.

Categories: Multi-family Housing

Spectrum Development Sells West Good Hope Road Strip Mall

globest.com - 1 hour 10 min ago

MILWAUKEE-Wauwatosa-based Spectrum Development Group LLC has sold a West Good Hope Road strip mall for $900,000.

Categories: Multi-family Housing

Ogden Closes Sale of Two Milwaukee Apartment Buildings

globest.com - 1 hour 10 min ago

MILWAUKEE-Ogden & Co. Inc. of Milwaukee has completed the sale of two apartment buildings in Milwaukee.

Categories: Multi-family Housing

Shrewsbury to Get GBP 150M Shopping Center

globest.com - 1 hour 10 min ago

BIRMINGHAM, UK-A proposed new GBP 150-million shopping destination will replace three existing small retail centers in Shrewsbury.

Categories: Multi-family Housing

Trey Embrey Takes Leadership Reins at Embrey Partners

globest.com - 1 hour 10 min ago

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.

Categories: Multi-family Housing

Grosvenor Names Head Of Asset Management

globest.com - 1 hour 10 min ago

PHILADELPHIA-Industry veteran William P. Donohue will oversee US real estate assets.

Categories: Multi-family Housing

Lenders Find Themselves Paying at the Pump

globest.com - 1 hour 10 min ago

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.

Categories: Multi-family Housing

Expectations Meet Reality in the Hunt for Yield. Finally

globest.com - 1 hour 10 min ago

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.

Categories: Multi-family Housing

187,000-SF Shopping Center Trades for $31M

globest.com - 1 hour 10 min ago

COVINGTON, WA-Clarion Partners buys a 98% occupied shopping center here, with Home Depot as the anchor, in this week’s wrap up of deals.

Categories: Multi-family Housing

Finding the Deals is the Challenge

globest.com - 1 hour 10 min ago

NEWPORT BEACH, CA-Panelists at Beech Street Capital’s networking event say that multifamily financing is widely available and interest rates are low, but it is getting harder and harder to find deals.

Categories: Multi-family Housing

One Pepsi Way Up for Sale

globest.com - 1 hour 10 min ago

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.

Categories: Multi-family Housing
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