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MILLBURN, NJ-The new agreement with the Fannie Mae DUS lender is expected to give the mortgage banking firm additional access to multifamily property funding.
IRVINE SPECTRUM, CA-W. L. Butler Construction Co. snatches up the 13,727-sf building, which stands at 7 Goodyear. Buildings in this small to mid-sized range continue to be hot sellers in the Orange County industrial market.
NEW YORK CITY-Our latest Quick Survey reveals that a slim majority of real estate firms are not so sure about the economic upswing that they're willing to risk human-resources dollars just yet. But, with profits still lean, expect stricter criteria for performance-based rewards.
CROTON-ON-HUDSON, NY-The owner of The Springvale Inn senior assisted-living community here reports it has completed a $5.5-million renovation program at the 40-year old facility.
MINNEAPOLIS-Led by architecture and design firm Bauknight Associates, four Twin Cities firms are working on the improvements, which focus on the church's 80-plus-year-old sanctuary. Financing was done through a capital campaign.
EVANSTON, IL-Both buyer and seller claim victory following an auction of a three-building, 2.1-acre site in the heart of this North Shore suburb moves for $2.8 million in an auction conducted by Sheldon Good & Co. Auctions, LLC.
SAN DIEGO-A development group representing the Hilton hotel chain and the Port District will enter negotiations for a 1,200-room Hilton hotel next to the Convention Center.
EDINA, MN-The stores provide fresh meal pick-up or delivery service to homes in their areas. Out of 90 locations in four states, 10 of them are in Minnesota, with an 11th expected to open later this month.
FONTANA, CA-The Shoppes at Fontana off Route 66 was built in the mid-1980s. It is 100% leased and anchored by an Albertson's supermarket. The seller was Foot Center Associates. The buyer was Corsair of Beverly Hills.
LONDON-Student and key worker accommodation specialist Unite has secured sites for a further 6,092 beds in London, Liverpool, Glasgow, Birmingham, Huddersfield, Southampton, Leicester, Cardiff and Preston.