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IRVINE, CA—Auction.com's Rick Sharga tells GlobeSt.com's Carrie Rossenfeld that the newly launched division is part of the evolution of the firm's business model and that it serves a major market need in this <b>UPDATE</b>.
IRVINE, CA—These three sectors will continue to have ample opportunities for value-add investments, a segment that has recovered significantly since the recession, Shopoff's Bill Shopoff tells GlobeSt.com in Part 1 of an <b>EXCLUSIVE</b> two-part interview.
IRVINE, CA—A slight rise in US residential foreclosure filings for the first time in three years indicates that lenders are pushing through lingering non-performing loans, says RealtyTrac's Daren Blomquist in a new report.
NEW YORK CITY—“Sustained strong operating fundamentals across all of the sub-sectors of Blackstone's global real estate portfolio” have led to record year-to-date earnings and economic income, the asset management firm said Thursday.
A new report on third quarter activity points up a big spike in costs to build in these buzz-worthy neighborhoods while also discussing pricing trends of multifamily units in the two areas.
AZUSA, CA—Xebex Realty Partners secures the construction loan to build 10th Street Center, a three-building 342,629-square-foot class-A industrial park on a 21.6-acre site.
LOS ANGELES—Two retail centers totaling 128,000 square feet in Los Angeles County trade hands for a total of $29 million, showing that investor demand is at “unprecedented levels.”
MORRISTOWN, NJ—Mill Creek Residential says it has launched pre-leasing for Modera 44, a new apartment community near Morristown's vibrant street scene. In developing Modera 44, Mill Creek offers upscale luxury rentals in one of New Jersey's trendiest, transit-oriented locales.
Among this week's activities, Paul A. Sarlo, mayor of the Borough of Wood-Ridge, and Anthony Marchetta, executive director of New Jersey's Housing and Mortgage Finance Agency (NJHMFA) joined representatives from Ingerman to break ground on the affordable apartment community at Wesmont Station.