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ATLANTA—In this deal wrap, read about a mega loan and a strategic repositioning that breathes new life into key regional commercial real estate sectors.
LOS ANGELES—After two years as CEO of the Port of Long Beach, Slangerup leaves the position to serve as chairman and CEO of an aviation technology company.
NAPA, CA—For every 1,000 new residents, only 200 building permits are approved each year, making Napa in desperate need of infill housing in the form of development, Vista Tulocay, which could accommodate some residential demand.
PHILADELPHIA—The commercial real estate services firm says hiring in these typically well-paying employment sectors facilitated a lift to the metro's median household income, which rose faster than the national average in the second quarter to more than $67,500 annually and boosted annualized retail sales.
WHITE PLAINS—The project, to be developed by Sheldrake Station Development LLC, involves the construction of 100 new rental-housing units in four, four-story buildings on 2.7 acres of land at 270 Waverly Ave.
BOSTON—The plan calls for the demolition of three existing buildings on the nearly half-acre parcel to be replaced with a 29-story, 344,000-square-foot building.
IRVINE, CA—Despite slow recovery, modest vacancy improvement and tepid rent growth, office prices are robust. GlobeSt.com speaks <b>EXCLUSIVELY</b> with Ten-X's Peter Muoio about the factors causing this juxtaposition and what could potentially derail the sector.