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ORLANDO-Billionaire team owner Richard DeVos is asking taxpayers to pay 80% or $200 million of a proposed $250 million Downtown basketball court. DeVos would pay $4.2% or $10.5 million. Government officials immediately rejected the offer.
ORLANDO-Annual acreage transactions finished 2000 at $44 million, down from a record $67 million in 1999. An Orange County moratorium slowed developers but allows the market to catch up, a new report by Grubb & Ellis finds.
CHICAGO-The historic Wabash Y is transformed from an abandoned building into a 101-unit single-room-occupancy multifamily building and 27,000-sf YMCA with city, state, federal and tax credit financing.
FLAGSTAFF-A $500-million mixed-use development proposed for the southern rim of the Grand Canyon remains alive, despite a court ruling last week that derailed a land trade that's critical to the plans.
ORLANDO-After two years of negotiations, Osceola County commissioners have struck a deal with entrepreneur Rob Miller: They'll underwrite the estimated $100 million cost of the venture's infrastructure if he comes up with a lead investor by Oct. 1. If he doesn't, the deal is off--and dead.
MIAMI-The New York-based Patronis Group leads an equity partnership that includes Granite Associates, Creative Capital Management and the locally based development group.
PORTLAND-A board member of shopping mall developer Crown American Realty Trust since 1993, Donald Mazziotti was a chief planner for the city in the mid-1970s and an economic director for the City of Vancouver, WA before becoming a deputy assistant secretary in the federal transportation department in 1978.
ORLANDO-Annual acreage transactions finished 2000 at $44 million, down from a record $67 million in 1999. An Orange County moratorium slowed developers but allows the market to catch up, a new report by Grubb & Ellis finds.
SAN DIEGO-Padres majority owner John Moores' development firm has filed suit to break the deadlock over who will develop a 1,200-room hotel near the proposed ballpark.