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The Developments Changing the Look of Culver City

Kelsi Maree Borland | May 04, 2017

LOS ANGELES—There are so many, it is hard to keep track, but Kennedy Wilson's Lee Shapiro guides us through the development battleground of Downtown Culver City.

Pizzarotti CEO Hired as President of McKissack & McKissack

John Jordan | May 04, 2017

NEW YORK CITY—Last month, the Obama Foundation announced that three firms— Jones Lang LaSalle, McKissack & McKissack, and Ardmore Associates, were selected to lead the project management for the planned Obama Presidential Center in Chicago.

AG Settles Harassment Case Against Lower East Side Landlord

John Jordan | May 04, 2017

NEW YORK CITY—The $225,000 settlement agreement is between the Attorney General and companies controlled by Sassan “Sami” Mahfar and Sina Mahfar, which own or owned four residential buildings: 22 Spring St., 102 Norfolk St. 113 Stanton St., and 210 Rivington St. in Manhattan.

How TIs Suffer During a Construction-Labor Shortage

Carrie Rossenfeld | May 04, 2017

SAN DIEGO—The primary concerns about the construction-labor shortage include the ability of subcontractors to staff projects after normal working hours when most tenant-improvement projects take place, Bingham Construction's Jeff Bingham tells GlobeSt.com.

Update

Paramount Closes $460M Waterview Sale

Erika Morphy | May 04, 2017

ROSSLYN, VA--The company plans to use the proceeds to repay the $87 million loan at 1899 Pennsylvania Avenue and $84 million loan at Liberty Place.

Institutional Investors Getting Into Cold Storage

Brian J. Rogal | May 04, 2017

CHICAGO-The niche market is one where only a few have expertise, but the fundamentals are so strong that investors are intrigued.

CBD Getting New Park Spaces

Brian J. Rogal | May 04, 2017

CHICAGO-There is a lot of underutilized public space in Chicago, and property owners are now utilizing that space to provide amenities that tenants and the public can share.

Indy Industrials on the Way to Big 2017

Brian J. Rogal | May 04, 2017

INDIANAPOLIS-Developers hit pause in 2016 and allowed the 2015 crop of buildings to get absorbed, and are now ready for a new round of construction.

CMBS 2.0? Healthy. Legacy Deals? Not So Much

Paul Bubny | May 04, 2017

NEW YORK CITY—The market has responded favorably to CMBS deals with risk-retention scenarios built in, reports Trepp; however, Trepp and ratings agencies see more trouble ahead for maturing loans.