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PHOENIX—GDC/RE founders Joe Doucett and Tim Gunnink are bringing their team of sought-after retail specialists to Newmark Grubb Knight Frank's Phoenix office, where the number of real estate professionals has grown fourfold in the past two years.
In an effort to become more competitively involved in the small balance loan market and to further support affordable housing, Freddie Mac on October 9, 2014 launched a Small Balance Loan Platform (“SBL”) to purchase and securitize small multifamily loans. A number of changes have been made to underwriting requirements that lenders and their borrowers should be aware of.
NORTH AUGUSTA, SC—Greenstone Properties and its capital advisor Patterson Real Estate Advisory Group reported on Monday that construction has begun on a 60,000-square-foot build-to-suit office building for healthcare services firm Medac, Inc.
NEW YORK CITY—“There can be no doubt that a discussion about corporate social responsibility takes place with almost every occupancy decision made today, “ says Eric Duchon, sustainability strategies director at Cushman & Wakefield.
LOS ANGELES—The Bascom Group has acquired the 89-unit luxury condominium complex with plans to invest additional capital to upgrade the units and added in high-tech features.
MIAMI—Coupled with historically low supply, significant space absorption is driving strong rent growth in most major industrial hubs. How does the Southeast fit into the US industrial scene.
PHILADELPHIA, PA—Pennsylvania Real Estate Investment Trust and The Macerich Company will hold a grand opening Tuesday, October 28, of The Gallery's new anchor tenant, Century 21 Department Store, in approximately 95,000 square feet on the corner of 8th and Market Streets in Philadelphia.
PLANO, Tex.--KBS Real Estate Investment Trust III (KBS REIT III), a non-traded real estate investment trust based in Newport Beach, Calif., has re-signed 10,385 square feet in leases with Odyssey Information Services Inc. at Legacy Town Center, a property that consists of three class A Office buildings located in Plano.