Chicago
Real Estate Still Best Investment Option for 2012
CHICAGO-A joint study by locally based Real Estate Research Corp., Deloitte and the National Association of Realtors shows that CRE still provides the best return compared to other vehicles. FULL STORY
World's Tallest Hotel to Open in Dubai in Q4
DUBAI-Marriott is debuting its Marquis brand outside the US for the first time with this 1,608-room hotel, being built by locally based Emirates Group for a reported $490 million. FULL STORY
JSQ Commercial Buys JV Stake in Riverwalk II for $9M
CHICAGO-Hamilton Partners, a developer based in Itasca, has sold a joint venture interest in Riverwalk II, a 259,000-square-foot office building in Buffalo Grove, for more than $9 million. FULL STORY
LaSalle Investment, Quantum JV for $1B Plan
CHICAGO-The venture is targeting investments in excess of $100 million, with an initial focus on major markets in Australia, France, Germany, the United Kingdom and the United States. FULL STORY
Formerly Troubled GGP Reports Sales Jump
CHICAGO-The company reports core FFO increased because of higher rents and occupancy, and the ability for the firm to replace vacating tenants such as Borders. FULL STORY
Marquette Confirms Condo Buy for Apartments
ITASCA, IL-The company has purchased a failed condo project here, Two Itasca Place, and will capitalize on the hot apartment market with a controversial conversion. FULL STORY
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Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda
December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.
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This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
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WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.
