Commercial real estate instant insights for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
Premier commercial real estate news, analysis, trends and information for commercial real estate professionals covering office, industrial, apartments (multifamily), hotel, healthcare, student housing and net lease CRE sectors.
ESCONDIDO, CA-A San Diego-based construction management and consulting firm has completed a project for a golf improvement center here. The golf facilities market has been especially strong, with golf manufacturing and practice facilities proving to be particularly popular among developers.
TAMPA, FL-Steve Green of Green Realty Management, White Plains, NY, paid Howard Shiffman of Davna Investments, Largo, FL, $5.6 million in an all-cash deal for the 92%-occupied, 188-unit Ashley Square Apartments, 5505 N. Hines St., Tampa.
CHICAGO-Developers of a proposed 24-unit building at Madison Street and Homan Avenue line up $1.6 million in no-interest, 32-year mortgage financing in addition to historic rehab and low-interest housing tax credits.
ATLANTA-The locally based American arm of British-based Six Continents PLC is putting the former Tishman Hotel Corp. executive in charge of Six Continents' growth and development of all company brands in the western states. Watkins will be based in Phoenix.
AUSTIN-Dana Friis-Hansen steps into the lead role for the Austin Museum of Art after serving for some time as interim executive director. With the job comes the task of pushing a 145,000-sf project that has hit roadblocks with the down economy.
GRAND PRAIRIE, TX-An affiliate of Americo Real Estate of Dallas has borrowed $6.1 million to buy one of two Post Properties' holdings sold this month in the metroplex. NorthMarq Capital's Dallas office arranges a three-year floating rate mortgage.
WHITE PLAINS-The Seltzer Group of New York City has paid $3.8 million for a small parcel of land in downtown White Plains and plans to build a $30-million rental housing development there.
NEW YORK CITY-With its first building here nearly complete, the developer works with a local development organization on the final design for the second phase of Avalon Riverview. At question is whether the completed complex should comprise two or three structures.
GOLDEN, CO-Brokers Tom Wanberg and Chad Brue develop the 12,000-image "Magic Carpet Ride" as a Web-based marketing tool to sell an 85,000-sf beer distribution center in an area known as the Mousetrap.
MIAMI-The Coral Gables, FL-based commercial and residential developer has named Tom Gillette regional manager to handle day-to-day operations and manage the company's 1,100-acre Bartram Springs residential project at Phillips Highway (U.S. 1) and Racetrack Road in Duval County.