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“Investors are looking to engage in secondary and tertiary markets, where they see increasing opportunity," says Jeff Lee with Capital One Multifamily Finance.
A $33.45 million loan has been secured on behalf of borrower, MC Companies, for The Place at Castle Hills, in order to fund environmental improvements, including low-flow faucet aerators and shower heads.
The site of this creative mixed-use project is the former Sears store at Valley View Mall in the Galleria area, situated at the intersection of the LBJ Freeway and Preston Road.
Although not all sectors saw improvements, November continued what has been the second-longest streak of downward movement in CMBS delinquencies overall in more than eight years.
Creating a loading zone is great for car sharing, but choosing the right address during development is equally as crucial to accommodating ride-sharing services.
Changes to modern offices are about making people feel welcome and comfortable, as seen in CBRE's new offices at Westfield UTC. GlobeSt.com paid a visit and got a personal tour of the space.
Equity Office reports that Grubhub is now expanding its operations to the entire 12th floor and a portion of the 13th floor of the Midtown property located at the corner of 40th Street and Sixth Avenue.