Altman Plans $23M Grove East Mixed-Use Development
PLANTATION, FL-Construction of the eight low-rise buildings containing 222 residential condos and 17,650 sf of retail will begin in October on the 12-acre parcel along the US 441 Corridor here. Completion is expected in December 2006.
STAMFORD, CT—The founder and CIO of Land and Buildings says the REIT’s stock is trading at “a significant discount to NAV,” and that consensus estimates of the company’s value are too low.
SANTA ANA, CA—“The lack of homes listed for sale is causing unadjusted house price growth to remain strong,” says First American Financial’s Mark Fleming.
OAK BROOK, IL—InvenTrust Properties Corp has taken a hard look at its investment strategy and is concentrating on high-quality assets well-located in the company’s target markets, and it has an experienced team to execute.
SAN FRANCISCO—While the commercial real estate markets remain strong, we’re approaching the top of the cycle, with elevated pricing and some resistance from investors, Colliers International’s Andrew Nelson tells GlobeSt.com.