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CHICAGO—Company officials have “tremendous faith” in the regional market and has also secured a $100M loan which covers its 15 new properties and the 26 other Chicago-area properties it already owned.
SKOKIE, IL—Although the oil slump has curtailed construction in the oil-dependent regions, an expanding economy should continue to drive use of the material, says industry group PCA.
WASHINGTON, DC—The Real Estate Roundtable's Overall Sentiment Index slid from 57 to 50 quarter over quarter. The index has posted a 20-point decline since late 2014.
SAN DIEGO—Whereas commercial and institutional projects were previous construction front runners, residential and hospitality are beginning to drive the recovery here, C.W. Driver's Rich Freeark tells GlobeSt.com in part 2 of a this <EXCLUSIVE</b> two-part story.
LOS ANGELES—Peter Sherman joins Avison Young as a principal to lead the firm's SoCal multifamily team, along with Sam Chow and Roger Dela Rosa, all formerly of CBRE.