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READING, PA–Brandolini Companies has refinanced its Spring Towne Shopping Center, a 277,860-square-foot, Lowe's- and Giant-anchored retail center in Reading, Pennsylvania. HFF secured $17.7 million in a long-term, fixed-rate loan with an institutional quality insurance company that will be used to refinance an existing mortgage on the property.
NEW YORK CITY—Most platforms focus on larger deals and have typically avoided the $1-million to $10- million range opportunities believing there is more risk involved and higher underwriting costs. Adam Petriella, EVP of capital markets at Coldwell Banker Commercial Alliance, takes a closer look.
SAN FRANCISCO—Once completed, the re-envisioned Alice Griffith public housing site will be a mixed-income, service-enriched community and developed according to the principles of the Mayor's HOPESF initiative.
SAN DIEGO—Tourism plays a huge role in San Diego's economy. In Part 1 of an <b>EXCLUSIVE</b> two-part story, GlobeSt.com explores tourism's breadth of impact here. In Part 2, we tackle its impact on local property sectors.
IRVINE, CA—Markets like California, where home prices are too high for most investors to rent out at a profit, attract flippers, says Auction.com's Rick Sharga about a report that finds investors still prefer flipping to renting.
SAN DIEGO—Much-needed supply is in the pipeline, and its delivery may disrupt vacancy slightly before the market absorbs it, Wermers Cos.' Tom Wermers tells GlobeSt.com in this <b>UPDATE</b> to a previous story.
LOS ANGELES—Walk-ups are welcome at the RealShare L.A. conference in Century City, where CRE experts will discuss capital markets trends, emerging markets and redevelopment trends.
LOS ANGELES—The Downtown Central Business District launches Get Urban, a new program designed to attract tech and creative businesses to join the ongoing renaissance.