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Following a milestone land sale in Kearny Mesa, Voit's Randy LaChance tells GlobeSt.com a strong, educated workforce, ideal weather and proximity to the ocean are factors driving office leasing here.
IRVINE, CA—The industry expert and veteran will be responsible for identifying, negotiating to acquire, underwriting and completing due diligence for the company's retail, office and industrial acquisitions, GlobeSt.com learns <b>EXCLUSIVELY</b>.
IRVINE, CA—The share of low-down-payment loans was 25% in 2014, down from 37% in 2006 before the housing price bubble burst, and the share has dropped every year since 2009, reports RealtyTrac.
WASHINGTON, DC—The REIT's CEO Steve Grimes announced yet another local acquisition in its earnings call, a strip mall in Tysons that a source tells us traded for $31.7 million.
BETHESDA, MD—In a fourth quarter 2014 earnings conference call on Thursday, Marriott International CEO Arne Sorenson touted his company's investment in lifestyle brand properties as one of the keys to its growth last year.
BALTIMORE—Despite some labor strife, the port of Baltimore set a number of records in 2014, including handling overall cargo of 9.7 million tons, which edged the 9.6 million tons handled there in both 2013 and 2012.
CAMDEN, NJ—U.S. Bankruptcy Judge Gloria M. Burns ruled on Thursday afternoon in favor of the Revel Casino Hotel's petition to terminate the sale of the resort to Florida developer Glenn Straub for $95.4 million.
NEW YORK CITY—“We'll still drive the process and decision making but we will not actively be engaged in showing space,” RFR president Gregg Popkin tells GlobeSt.com.
LOS ANGELES—With $6 billion of capital available, “we are well-positioned to continue taking advantage of opportunities” across global markets in 2015, says CEO Matt Khourie.