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LAS VEGAS—“The greening of parking facilities transforms them into enablers of sustainable mobility,” says Paul Wessel, executive director of the Green Parking Council. Seven properties have received certification.
MIAMI—Talk about a dramatic distressed commercial estate turnaround. Less than 90 days after buying Royal University Plaza, one joint venture did this.
CENTURY CITY, CA—The 903,000-square-foot office campus secures a 15-year fixed-rate loan through Prudential Mortgage Capital Co., which is looking to lend to these types of high-quality properties.
AUSTIN--MLK Real Estate Capital has arranged the equity financing for two class B office building acquisitions by Valor Capital Partners (VCP) in Austin: Center Creek Plaza and The Wells Fargo Tower.
NEW YORK CITY—The Greenwich Village-based university received permission to go forward with its $6 billion plan from New York State's highest court, which found community resistance unfounded.
NEW YORK CITY—For the July 2015 Nelson Report, I had the pleasure of sitting down with Mike Slattery, the Senior Vice President of REBNY, to discuss the New York City Landmarks Law.
HOUSTON—While office in primary markets is at a premium, have secondary markets benefited as well? That was the question at the first session of the second day at NAIOP's O.CON.
LADERA RANCH, CA—Ladera Sports Center will feature eight high school regulation courts, a fully air-conditioned gym, free Wi-Fi and TV monitors on each court.