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HOUSTON—COSCO has recently renewed its 38,561-square-foot lease, with plans to add headcount to its office at 15600 JFK Blvd. and will renovate the space to accommodate the additional personnel.
TUCSON, AZ—West End Station, a 70-unit affordable housing development, is one of the first Section 811 projects ever to be developed in Arizona using the Low Income Housing Tax Credit program.
McKINNEY, TX—The Bascom Group LLC recently acquired the 260-unit Orchid Apartments for $20.4 million or $78,461 per unit from the original developer which built the Brook Drive property in 1997.
AUSTIN, TX—The market district will include 400 multifamily units and a 40,000-square-foot renovated warehouse for an indoor-outdoor marketplace, which will feature Austin's famed Saxon Pub.
WASHINGTON, DC—“We appreciate efforts from Airbnb to work with our members in trying to address the myriad of legal, regulatory and operational issues that come from home sharing,” says Doug Bibby at the National Multifamily Housing Council.
SAN DIEGO—At ICSC Western States, we caught up with Rick Chichester of Faris Lee for an EXCLUSIVE interview to get an expert economic update and find out how the latest disruptions—low interest rates, Brexit—will affect the CRE market.
NEW YORK CITY—The builder has closed on the purchase of a site on East 125th Street, where the company says it likely will provide a “significant amount of affordable housing.”
LOS ANGELES—At Allen Matkins' annual View from the Top conference, investment sales leaders discuss the shrinking buyer pool and which assets today's picky buyers still want.