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PHOENIX—Sources at the recent RealShare National Healthcare Real Estate conference here say that there are so many other solutions to promote wellness than bricks and sticks.
SAN DIEGO—The Four Seasons Aviara Resort in Carlsbad is serving as anchor for the market's delinquent balance, allowing for a healthy issuance in November, Trepp's Sean Barrie tells GlobeSt.com <b>EXCLUSIVELY</b>.
ORANGE COUNTY, CA—For the present, there will be no effect on current homeowners from rising interest rates, but over the longer term mortgage payments may increase, Windermere's Matthew Gardner tells GlobeSt.com <b>EXCLUSIVELY</b>.
FAIRFIELD, NJ—Woodmont Properties has named John Santavicca Jr. regional community manager, responsible for supervising operations in Woodmont's luxury apartment communities across New Jersey, New York and Pennsylvania.
PARAMUS, NJ—The partnership of Advance Realty and Invesco Real Estate have acquired a 244,000-square-foot retail portfolio, composed of four properties on Route 17 in Paramus, NJ, including a PGA Tour Superstore and a P.C. Richard & Son electronics retail location.
PHILADELPHIA, PA—Brandywine Realty Trust is selling Cira Square, the former main US Post Office complex in the University City district of Philadelphia for $354 million. It's the largest of a group of property sales the real estate investment trust announced Wednesday that Brandywine says will generate $389 million.
PORT JEFFERSON STATION, NY—Glen Nelson, 48, was founder and chair of the firm, which holds several office buildings and a large portfolio of residential properties.
CAMPBELL, CA—The 119,826-square-foot San Tomas Plaza Shopping Center atop 9 acres has been recently acquired by Admiral Capital Group and Bay West Development.
MILPITAS, CA—Ilara Apartments is located within 500 feet of the Great Mall/Main Transit Center, serviced by both VTA light rail and bus routes, as well as AC Transit, providing direct connectivity to major employment centers.