Catch up on the latest information across the Commercial Real Estate business covering brokerage news, development projects, leasing, property management trends and proptech.
It’s been a busy week for President Barack Obama. On Tuesday he signed into law his $787 billion economic stimulus plan. Earlier today, he unveiled a $75 billion program to stem the tide of home foreclosures. To what extent will these moves...
The Securities and Exchange Commission recently issued a statement that could reshape the future of the tenant-in-common (TIC) industry. The ruling could be a blow for those sponsors that sell TICs or fractional ownership as real estate...
The tougher financing climate is prompting some tenant-in-common sponsors to pursue a more “lender-friendly” alternative — the Delaware Statutory Trust...
Until recently, Vintage Senior Living was a relatively small owner and operator with less than a dozen properties in its portfolio. Now, the company has vaulted into the major leagues of seniors housing investment following its $225 million joint...
American Continental Properties, LLC appointed Levin Management Corp. as leasing and managing agent for Monroe Plaza, a 156,000-sq.-ft. grocery-anchored shopping center in Monroe, N.Y...
William A. Alter, real estate developer and chairman and CEO of The Alter Group, died Aug. 8 at his home in Winnetka, Ill. He was 78. Although he battled Alzheimer's for several years, he ultimately succumbed to complications from pneumonia. Alte...
Mezzanine lenders are tripping over each other in their haste to accommodate hungry borrowers. Each week brings news of another commercial real estate fund amassing capital to make or acquire mezzanine loans, which are secured by the stock of the...
Location: Surprise, Ariz.
Developers: Westcor, WDP Partners and RED Development
Size: 1.4 million sq. ft.
Anchors: Best Buy, Petco, Target and Wal-Mart, among others
Completion: The first phase will open in the fall of 2009
Buzz: Derived fro...
