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FLORHAM PARK, NJ—HFF says it secured $65 million in financing for a three-property, 974-unit multi-housing portfolio that includes two central New Jersey properties and one in Delaware.
WASHINGTON, DC—First Eaton Place goes to a special servicer and then the Hyatt Regency Bethesda is sold to resolve a troubled situation. Is this a trend, or a coincidence?
CARROLLTON, TX—With its own metro area of Dallas providing a case in point, MPF Research says "the factors that shape apartment demand are far more complex than any single variable" can capture.
CHATHAM, NJ—Local and national representatives of DTZ are not talking, but Peter Reinart of Monmouth University tells GlobeSt.com that the announced merger with Cushman & Wakefield is probably going to be positive for the companies, and he and other observers say more industry consolidation is likely.
AUSTIN--HighStreet Net Lease Group recently represented a private group in the disposition of a single-tenant net-leased medical asset located at 8316 Tuscany Way in Austin. The property was a build-to-suit for Affordable Dentures, a tenant specializing in personal dental services.
70% of OSHA violations involve the Hazard Communication Standard, which has recently been revised. Health and Safety expert Brian Maitland, ASP, CSP, CET discusses liabilities, key changes and dates to be aware of to ensure ongoing compliance.
FORT WORTH--Trademark Property Co. has announced three new additions to the list of tenants slated to open at its WestBend mixed-use development in Fort Worth. The businesses, all new to the Fort Worth market, include HG Sply Co., a restaurant and bar; Pax & Parker, a men's and women's clothing retailer; and Woodhouse Day Spa.
BOSTON—Thanks to the strongest economic and job growth since the late 1990s, a Savills Studley executive says some submarkets in Boston are like riding a popular merry-go-round: once one company leaves space, another firm hops on.
SAN DIEGO—ALM's Real Estate Media Group adds Lisa Brown as San Francisco reporter and Nicole Bordges as account executive, western region, as part of its continued California expansion.
SAN FRANCISCO–The Spirit of Life Award is City of Hope's most prestigious philanthropic honor, presented annually to an industry leader who has demonstrated outstanding business and altruistic achievement.