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CHICAGO—As the economic recovery began to take hold, “fundamental shifts in retail shopping patterns and manufacturing strategies” began manifesting in the industrial landscape, says Cushman's John Morris.
RYE, NY—Westchester County Executive Robert Astorino officiated over the ceremonial reopening of the storied Ice Casino at Playland, which was closed after suffering extensive damage from Hurricane Sandy two years ago.
PONTE VEDRA BEACH, FL—Locally-based multifamily real estate investment firm Cocke Finkelstein Inc. has acquired the Remington at Ponte Vedra Lakes, a 344-unit, garden-style apartment community, here for $35.35 million.
WILTON MANORS, FL—Recently formed Ascend Properties broke ground earlier this week on its second residential project—the Metropolitan—a 179-unit rental apartment development here.
LOS ANGELES—Unstabilized assets are selling in the Koreatown submarket, as illustrated by the Lion Real Estate Group's recent value-add acquisition of Sherman Apartments, a 60-unit complex with a 42% vacancy.
NEW YORK CITY—Questions of tax incentives, construction costs and the availability of parcels all contributed to the bank's decision to maintain its current headquarters rather than move to the Far West Side, published reports say.
NEW YORK CITY—Although the discovery that an accounting error was concealed was not “the ideal situation,” ARCP's CEO said Wednesday afternoon that “it is not the parade of horribles that the market may view this as today.”
DENVER—Some interesting answers are uttered during NAIOP's Development '14 conference's supply-chain session when the panel is turned into a spirited and informative episode of 'Jeopardy.'
PHOENIX—LGE Design Build is kicking off the design of the second phase of Heritage Marketplace, a family friendly, pedestrian-oriented, mixed-use development in downtown Gilbert.
LOS ANGELES—In this <b>EXCLUSIVE</b> video interview, the FundWell's Chinwe Onyeagoro talks to reporter Kelsi Maree Borland about the challenges in the lending market and how the Fundwell can help.