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Houston’s Economy Remains in Growth Mode
Despite global headwinds and continued turmoil in the energy sector, Houston s economy remains in growth mode with approximately 83,000 jobs created year-over-year, and 48,000 added in second quarter alone. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
RIVET Project in Jersey City Lands $43M Refi Deal
JLL advised the borrower on the refinancing of the existing construction financing on the property. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Multifamily Loan Originations On Track for Record Year
Freddie Mac forecasts that multifamily originations will grow to $336 billion in 2019. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Pebb Capital to Buy Delray Beach OZ Site for $40M
The property is being sold by Marshall Florida Investments, which is led by Rick Marshall, and is expected to close within 73 days. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Mixed-Use Project Planned for Former South Bay Galleria
L Catterton Real Estate and QIC Global Real Estate plan to reposition the shopping mall into a mixed-use complex with hotel, office, apartments and retail. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Melissa Deen Named Chief Strategy Officer at Sunrise Management
Deen steps into the newly created position to support corporate innovation and identification and implementation of industry best practices at the company. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Is Optimism Waning on CRE s Two Favorite Asset Classes?
Developers are less bullish on industrial and multifamily projects three years down the road. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Developers Shift to Mid-Rise Apartment Construction
Century West Partners and Fifield Cos. has shifted away from high-rise urban-core apartment developments to semi-urban mid-rise projects. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Mack-Cali Reports $22M Second Quarter Loss
In its second quarter financial announcement, the company revealed that on Monday (Aug. 5) it secured a $150-million mortgage on its 111 River St. office building in Hoboken, NJ. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Terra Lands $91M Refi Deal for Pembroke Pines Multifamily Project
The recently completed 387-unit luxury rental development at 10400 Southwest City Center Blvd. is part of Pines City Center, a 47-acre master-planned village featuring approximately 300,000 square feet of lifestyle-oriented retail, entertainment and restaurant space. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service