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IRVINE, CA—No longer sterile, institutional-looking properties, today's healthcare facilities are borrowing from the warm, lifestyle-inspired and community-oriented designs of modern retail and hotel development, LPA executives tell GlobeSt.com.
LOS ANGELES—Experts on the State of the industry panel at RealShare Los Angeles say that both private and institutional capital are still bullish on the L.A. market.
SAN DIEGO—GlobeSt.com learns <b>EXCLUSIVELY</b> that NorthMarq has arranged the refinance of three garden-apartment complexes here totaling 488 units; the loan will go toward making improvements to reduce energy usage at the properties.
CALISTOGA, CA—With $165 million in construction financing secured, the five-star Four Seasons Resort and Private Residences Napa Valley has slated construction to begin this summer with the luxury resort to open in 2019.
WASHINGTON, DC--The benefits for CRE are many: a 15% tax rate for pass-through entities, a greater preference for rental housing, more equity in the capital stack and did we mention a 15% tax rate?
HOUSTON—Units have been priced to move and there has been robust hiring in the education, health and leisure/hospitality sectors, which has helped compensate for energy job loss, says Berkadia in this <b>EXCLUSIVE</b>.
GARLAND, TX—Eric Langford says land is becoming more valuable than the improvements, so the best way to get a 1 million-square-foot campus site is to demolish and abate, which is what happened with the Raytheon site.
IRVINE, CA—A surprise frontrunner in April was the hotel sector, which over the past several months has been “stuck in a prolonged slump,” says Peter Muoio at Ten-X.