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CLERMONT, FL-Despite a no-go from the city's planning and zoning board, Greater Construction Co. of Altamonte Springs, FL has won a green light from the city council to develop 96 townhomes on a 138-acre tract that already houses commercial and other shelter projects. Clermont (Pop. 9,333) is 25 miles west of Downtown Orlando.
ATLANTA-Imperial Parking Corp. of Vancouver, B.C. has signed long-term, multimillion-dollar contracts with individual off-street parking facility owners to lease and operate a total 2,000 spaces. Impark plans to open its first Atlanta office shortly to service the contracts.
CAMBRIDGE, MA-This area's office market is suffering more than most in the recent economic slowdown and high tech bust. Its heavy emphasis on high-tech tenants has caused its vacancy rate to plummet with no signs of a recovery on the horizon.
ATLANTA-The Tampa, FL-based manufacturer of women's casual and dress sportswear plans to make a cash tender offer of $4.75 per share for the Winder, GA firm's 2.9 million outstanding common shares. The cash-and-stock deal is valued at $20.8 million.
LONDON-Construction costs in the UK are soaring ahead of inflation, according to the latest RICS tender price index compiled by the Building Cost Information Service.
LOS ANGELES-Buoyed by this city's plans to create a sports and entertainment district Downtown, Palm Restaurant has leased 13,500 sf in the Toy Center Building and plans to open a new restaurant there by January 2002.
NEW YORK CITY-The slump may not go away quickly, but that leaves the door wide open for the right play, say directors of the locally based opportunity fund.
DENVER-The company's investment strategy to "buy cheap" and operate efficiently makes the REIT's stock a "solid investment" in challenging economic times, according to an analysis by UBS Warburg LLC.
AUSTIN-Data Tomato Inc. has ended a yearlong search for more CBD space that's within budget. The high-tech company has shaved between $3 per sf to $4 per sf by waiting for prices to drop. Data Tomato is taking sublease space from Tech Partners.
MORTON GROVE, IL-An 84-unit, eight-story luxury multifamily building is the first phase of The Woodlands of Morton Grove, a condominium and townhome development near this near north suburb's Metra depot.
From Placer.ai
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource