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SCOTTSDALE, AZ-The SoCal buyer acquires the 197-unit McDowell Village from Opus/RED Group in its first area deal and wants more.
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| FEATURES | ||
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Latest Data and Execs Tell Different Stories for Apartments The Feds latest data indicates a slightly gloomier multifamily environment than what industry professionals see. |
Occupancy Growth Not Leading to Rent Hikes, Yet Some of the markets that saw the greatest occupancy gains also posted some of the largest rent declines over the past quarter. |
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SECTOR WATCH
Office Suites Added to MetroplexDALLAS-ABT signs a lease for 27,000 square feet at the Millennium Centre building.
INDUSTRIAL
• CBRE Seals 148,000-SF Renewal• Advance Leases 100,000 SF in Bridgewater
• Mission Conducts $120M NY Metro Loan Sale
OFFICE
• Bright Lights, Big Bill• Missing: A Bunch of Buildings
• IDC Renews HQ Leases for 143,00 SF
RETAIL
• October Sales Point to Retail Recovery• Glimcher Sells Stake in Two Properties for $320M
• New 70,000-SF Retail Project Due for 2010 Debut
HOTEL
• Czech Investment Picks Up in Q3• 2010 Spells Pain, Except for Smart Investors
• Blackstone Sells Peaks Resort, Land for $20M
NET LEASE
• Blackstones RE Segment Rebounds in Q3• FDIC Supports 'Prudent' Commerical Real Estate Workouts
• Life Preservers Buoy Distressed Assets
AROUND THE NATION
2010 Spells Pain, Except for Smart InvestorsSAN FRANCISCO-Those polled for PwC and ULIs Emerging Trends in Real Estate 2010 survey believe next year will be the worst for the industry since the Great Depression, but savvy players will be able to benefit.
HEADLINES
• Real Estate Forum: Real Estate 2.0 Is Here...Are You?
• LSRP Program Gears Up for Implementation
• NetLease Forum:
Shareholders Challenge CVS' Longs Buy



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