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NORTH BRUNSWICK, NJ—The property's buyer is pursuing approval to raise the roof from its current 21 feet to 40-foot clear. Other improvements will include ESFR sprinklers and a new, energy-efficient lighting program.
WASHINGTON, DC—The National Multifamily Housing Council's Doug Bibby and the National Apartment Association's Robert Pinnegar are calling on the Trump administration to reform or rescind a host of federal rules they say hinder development.
NEWPORT BEACH, CA—The quick-service restaurant segment seems to do well in almost all submarkets, whereas the polished-casual venues do best in stronger socioeconomic areas, CBRE's Mark Seferian tells GlobeSt.com.
WALNUT CREEK, CA—The 800-pound e-commerce gorilla, Amazon, accounted for 43% of US online sales in 2016, and now the gorilla has turned the tables to begin opening brick-and-mortar sites.
SPRING, TX—The 5-mile radius of the new retail project has a population of 179,133 people and they have an average income of $111,987, including residents of the upscale community, The Woodlands.
DALLAS—The new $350-million fund is targeted to originate two-to-five year loans for every category of commercial real estate except land, with loans expected to range from $3 million to $30 million.
CHICAGO—And although there was a slight increase since last quarter, the direct vacancy rate for the entire CBD is still at its lowest level since 2000.
WASHINGTON, DC—The exception was CMBS, for which the ongoing elevated delinquency rate can be attributed to the large volume of CMBS 1.0 now coming due, says the Mortgage Bankers Association's Jamie Woodwell.
The homeownership rate fell for a 12th consecutive year in 2016, resting at 63.7% in December and declining 550 basis points from its peak. Among those…
NEW YORK CITY—The attorney, who boasts substantial experience in domestic and international tax matters, was brought on as a partner and transactional advisor.