Saturday, March 2, 2013

Quincy redevelopment project drawing attention from afar - The Patriot Ledger

Quincy redevelopment project drawing attention from afar - The Patriot Ledger

Quincy redevelopment project drawing attention from afar - The Patriot Ledger

Quincy redevelopment project drawing attention from afarThe Patriot LedgerThe project, which will see the creation of 3.5 million square feet of business, retail and residential space in Quincy Center during the next seven years, has been picked up on the radar of experts in development and urban planning circles – experts ...Millions from outside Massachusetts committed to Quincy Center projectEnterprise Newsall 3 news articles »

Longmont city officials: Mall owner and Dillard's still talking - The Daily Camera

Longmont city officials: Mall owner and Dillard's still talkingThe Daily CameraThe city is contributing $27.5 million of the estimated $80 million redevelopment project; the city's bonds will be repaid by the additional sales and property tax the mall generates and by a mill levy the mall will place on itself. An agreement ...Mall negotiations continue past deadlineBoulder County Business Reportall 2 news articles »

RIVERSIDE: City sues state over redevelopment debt - Press-Enterprise

Press-EnterpriseRIVERSIDE: City sues state over redevelopment debtPress-EnterpriseAfter months of limbo over $32.1 million in former redevelopment debt, Riverside officials have sued to try to resolve their dispute with the state. The disagreement has delayed the city's plans for a railroad "quiet zone" that would silence train ...

24 Hour Fitness plans new stores in Fremont and Hayward

San Ramon-based 24 Hour Fitness is launching new stores in Fremont and Hayward as part of a $25 million expansion that will create hundreds of new jobs in the Bay Area this year, according to the personal health company, which opened fitness clubs in Walnut Creek in January and Livermore in December

Auction date set for PFG office building

CEDAR FALLS, Iowa --- The former headquarters of the now-defunct Peregrine Financial Group Inc. is going on the auction block May 31, the receiver in PFG's Chapter 7 bankruptcy case announced Thursday.

Grant Funds Aid in the Much-Anticipated Restoration of Hotel Clovis

CLOVIS, N.M. -- The historic downtown Hotel Clovis once again breathes life thanks in part to a $420,000 Affordable Housing Program (AHP) grant awarded by Wells Fargo Bank and the Federal Home Loan Bank ...

The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ... - Business Wire (press release)

Wrestling Inc.The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ...Business Wire (press release)On February 8, 2013, we closed a $95.0 million financing for the redevelopment of The Woodlands Resort and Conference Center. The loan refinanced a $36.1 million mortgage and will provide a majority of the capital for the $75.0 million redevelopment.Agree Realty Corporation Reports Operating Results For The Fourth Quarter ...Daily Markets (press release)all 100 news articles »

Minister backs campus redevelopment - Belfast Telegraph

Minister backs campus redevelopmentBelfast Telegraph... Print; Font Size. Alex Attwood backed plans for a redevelopment of the University of Ulster's Belfast campus. 01 March 2013. A £250 million redevelopment of the University of Ulster's Belfast campus has been given the green light by the planning ...and more »

CoStar's People of Note (Feb. 24-March 2)

This week's People of Note includes the following markets: Dallas, Long Island, Los Angeles, National, New York City and Washington, DC. LOS ANGELES Seven-Member Office Team Joins Avison Young in Downtown L.A. By Randyl Drummer Avison Young's newly opened office in downtown Los Angeles has received a major infusion of talent, bringing aboard a seven-member office brokerage team. Ted Simpson ...

Biz buzz

Fremont and Hayward to get 24 Hour Fitness San Ramon-based 24 Hour Fitness is launching new stores in Fremont and Hayward as part of a $25 million expansion that will create hundreds of new jobs in the Bay Area this year, the personal health company said Thursday.

Universal Health Realty Income Trust Reports 2012 Fourth Quarter And Full Year Financial Results

KING OF PRUSSIA, Pa., Feb. 27, 2013 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE: UHT) announced today that for the three-month period ended December 31, 2012, reported net income was $4.5 ...

Agree Realty Corporation Reports Operating Results for the Fourth Quarter and Full Year 2012

FARMINGTON HILLS, Mich., Feb. 27, 2013 /PRNewswire/ -- Fourth Quarter and Full Year Financial and Operating Results:Increased funds from operations for the quarter by 27%, and 6% year over yearIncreased ...

-316.55

There is a strong rationale to protect and boost the housing sector where their own assessments show that there is a current shortfall of 18.78 million units in urban India.

California Company Buys Former Quebecor Facility

An affiliate of Downey, Calif.-based Industrial Realty Group LLC has paid $2.7 million for the former Quebecor World Inc. warehouse at 828 E. Holmes R...

Pinole oversight board to consider $11.6 million in redevelopment obligations - Contra Costa Times

Pinole oversight board to consider $11.6 million in redevelopment obligationsContra Costa TimesPINOLE -- The Redevelopment Successor Agency board will meet Wednesday to consider the Recognized Obligation Payment Schedule for the period of July through December 2013. The obligations total about $11.6 million, according to a report by City ...and more »

£21.5 million redevelopment of two Tamworth estates discussed at drop-in events - This is Tamworth

This is Tamworth£21.5 million redevelopment of two Tamworth estates discussed at drop-in eventsThis is TamworthALMOST 100 people from the Tinkers Green and Kerria estates went along to two drop-in events last week. The sessions were organised by Tamworth Borough Council to give residents, tenants and leaseholders more information about the £21.5 million ...

Cooper Square Realty Chosen to Manage St. Tropez Condominium

Luxury Building was First Condominium in ManhattanNew York, NY (PRWEB) February 20, 2013 Cooper Square Realty, the New York subsidiary of FirstService Residential Management, has been selected to manage the St. Tropez Condominium, a 34-story luxury high rise located in the Lenox Hill neighborhood in Manhattan.Opened in 1964, the 301 unit building at 340 East 64th Street was the first residential ...

Square One Shopping Centre Commences $84 Million Redevelopment Project - Canada NewsWire (press release)

Canada NewsWire (press release)Square One Shopping Centre Commences $84 Million Redevelopment ProjectCanada NewsWire (press release)MISSISSAUGA, ON, Feb. 14, 2013 /CNW/ - Renovations are underway at Square One Shopping Centre, as $84 million is invested into a major renovation of the common areas, food court and shopper amenities. The design vision aims to infuse exciting ...and more »

Las Vegas Sahara casino begins $400 million redevelopment - Honolulu Star-Advertiser

Las Vegas Sahara casino begins $400 million redevelopmentHonolulu Star-AdvertiserLos Angeles-based SBE Entertainment announced Wednesday that it's beginning construction after securing the $400 million needed for the project. The development company says it will reopen the iconic resort that once hosted the likes of Frank Sinatra ...and more »

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ... - PR Web (press release)

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ...PR Web (press release)On the heels of winning high honors for 'best places to work' in the Pittsburgh area, Friendship Village of South Hills will begin a redevelopment project to help ensure it remains one of the best places to live for area seniors. On Friday, February 8 ...

Friday, March 1, 2013

Genesis Capital: Will Sequestration Affect Commercial Real Estate Improvement? - PR Web (press release)

Genesis Capital: Will Sequestration Affect Commercial Real Estate Improvement? - PR Web (press release)

Genesis Capital: Will Sequestration Affect Commercial Real Estate Improvement? - PR Web (press release)

PR Web (press release)Genesis Capital: Will Sequestration Affect Commercial Real Estate Improvement?PR Web (press release)Are some commercial real estate markets improving? Will sequestration affect commercial real estate recovery? "Increased commercial activity has been strong in the multifamily sector, but now it appears to be spreading to some other commercial sectors ...Property investors need to separate 'wheat from chaff', says SLI's Anne BreenInvestment Europeall 3 news articles »

Apollo Commercial Real Estate Finance, Inc. Announces New Record Date for First Quarter Common Share Dividend

Apollo Commercial Real Estate Finance, Inc. today announced the record date for the first quarter common share dividend will be March 28, 2013. The Company had previously announced the record date would ...

PMR Companies owner forms commercial real estate brokerage - Business First of Louisville

PMR Companies owner forms commercial real estate brokerageBusiness First of LouisvilleLouisville-based PMR Companies manages 8,000 apartment units in Kentucky, Indiana, Texas and Missouri. It also conducts due diligence services for people who want to buy apartment complexes and acts as a receiver for commercial properties in financial ...

First Industrial Realty Trust to Participate in Citi's 2013 Global Property CEO Conference

CHICAGO, March 1, 2013 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner and operator of industrial real estate and provider of supply chain solutions, today announced that ...

Inovalis Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Inovalis Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Wells REIT II Changes its Name to Columbia Property Trust

Wells Real Estate Investment Trust II, Inc. today announced that it has changed its name to Columbia Property Trust, Inc. and internalized its management. The newly

High-Profile I.M. Pei Apartment Community Slated for Renovation - Commercial Property Executive (blog)

High-Profile I.M. Pei Apartment Community Slated for RenovationCommercial Property Executive (blog)"We're focused on multifamily assets in urban and infill locations, in addition to commercial properties in cities that have high concentrations of intellectual capital, strong fundamentals and strong growth prospects," Faros Properties managing ...

CapLease To Present at the Citi 2013 Global Property CEO Conference

CapLease, Inc. , a real estate investment trust focused on owning and managing single-tenant commercial real estate properties, today announced that Mr. Paul McDo

Atterbury Develops Largest Commercial Property - AllAfrica.com

Atterbury Develops Largest Commercial PropertyAllAfrica.comAtterbury, a South African property investment and development company will develop Namibia's largest single commercial property, the 54,000sqm Mall of Namibia- The Grove in Windhoek, with Demashuwa Properties and Safland Property Group.and more »

Dear Monty: Buying commercial property for use as personal storage - Green Bay Press Gazette

Dear Monty: Buying commercial property for use as personal storageGreen Bay Press GazetteQ I am buying a commercially zoned property for personal use. I will be storing personal items and not operating a business. The value of the property is $35,000. Will I be required to get a commercial mortgage? Also, would I be required to carry ...

Commercial property taxes: reform first - Iowa City Press Citizen

KCRGCommercial property taxes: reform firstIowa City Press CitizenThe annual debate about commercial property taxes in Iowa is under way, and once again the discussion ignores the larger picture — that overall business taxes in Iowa are below average among states — and fails to consider reforms that should be ...Iowa Senate committee votes for commercial property tax reliefSioux City JournalLittle change in legislative debate on property-tax relief; March 4 public ...Iowa Farmer TodayThe Taylor Report by Sen. Rich TaylorFairfield Ledger (subscription)all 14 news articles »

Iowa Senate committee approves proposal to cut commercial property taxes - Omaha World-Herald

Radio IowaIowa Senate committee approves proposal to cut commercial property taxesOmaha World-HeraldUnder the plan, commercial property owners would gradually get a tax credit equivalent to a roughly 40 percent tax cut on their first $324,000 in assessed property value. Democrats said their plan would help small businesses more than the governor's plan.Democrats' commercial property tax credit proposal advances (AUDIO)Radio IowaIowa Senate committee OKs $250 million plan to cut commercial property taxesDesMoinesRegister.comIowa Senate panel approves commercial property tax proposal that differs from ...The Republicall 90 news articles »

Vacant commercial property becomes quirky, cozy home - The GA Voice

The GA VoiceVacant commercial property becomes quirky, cozy homeThe GA VoiceLocated near the corner of Boulevard and Memorial Drive, a small blue building with a beveled glass front window and "The Livery" painted over the front door is a splash of gentrification in a stretch of road most have given up on. Right at the cusp of ...

Morguard Real Estate Investment Trust announces 2012 annual results

TSX: MRT.UNMISSISSAUGA, ON, Feb. 28, 2013 /CNW/ - Morguard Real Estate Investment Trust ("the Trust") (TSX: MRT.UN) today is pleased to report 2012 annual operating results. These results have ...

Apollo Commercial Real Estate Finance Management Discusses Q4 2012 ... - Seeking Alpha

Apollo Commercial Real Estate Finance Management Discusses Q4 2012 ...Seeking AlphaThe commercial real estate sector regained its footing in 2012, the year in which we saw a strengthening CMBS market and improving operating fundamentals across the industry. Transaction volume for commercial real estate sales in 2012 reached $147 ...and more »

Bank of China Makes Larger Push Into US Commercial Real Estate - Fox Business

Bank of China Makes Larger Push Into US Commercial Real EstateFox BusinessBank of China had $3.7 billion in commercial property loans outstanding in its U.S. branches as of the fourth quarter, according to data provider Trepp LLC, almost four times the level in the same period of 2009. That makes it the No. 3 foreign ...and more »

BTB Real Estate Investment Trust announces closing of over-allotment option on bought deal

BTB Real Estate Investment Trust announces closing of over-allotment option on bought deal

Milestone Apartments Real Estate Investment Trust Files Final Prospectus for Initial Public Offering

Milestone Apartments Real Estate Investment Trust Files Final Prospectus for Initial Public Offering

Investors Real Estate Trust Announces 3rd Quarter Fiscal 2013 Earnings Conference Call

MINOT, N.D. -- Investors Real Estate Trust has scheduled a conference call for Wednesday, March 13, 2013 at 9:00 a.m. Central Time, to discuss the Company's third quarter fiscal year 2013 financial and ...

Spirit Realty Capital, Inc. Announces Fourth Quarter and Full Year 2012 Operating Results

Spirit Realty Capital, Inc. , a real estate investment trust that invests in single-tenant, operationally essential real estate, today announced results for the fourth q

The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ... - Business Wire (press release)

The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ... - Business Wire (press release)

The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ... - Business Wire (press release)

Wrestling Inc.The Howard Hughes Corporation Reports Fourth Quarter and Full Year 2012 ...Business Wire (press release)On February 8, 2013, we closed a $95.0 million financing for the redevelopment of The Woodlands Resort and Conference Center. The loan refinanced a $36.1 million mortgage and will provide a majority of the capital for the $75.0 million redevelopment.Agree Realty Corporation Reports Operating Results for the Fourth Quarter and ...Sacramento Beeall 88 news articles »

Minister backs campus redevelopment - Irish Independent

Minister backs campus redevelopmentIrish Independent... Print; Font Size. Alex Attwood backed plans for a redevelopment of the University of Ulster's Belfast campus. 01 March 2013. A £250 million redevelopment of the University of Ulster's Belfast campus has been given the green light by the planning ...and more »

CoStar's People of Note (Feb. 24-March 2)

This week's People of Note includes the following markets: Dallas, Long Island, Los Angeles, National, New York City and Washington, DC. LOS ANGELES Seven-Member Office Team Joins Avison Young in Downtown L.A. By Randyl Drummer Avison Young's newly opened office in downtown Los Angeles has received a major infusion of talent, bringing aboard a seven-member office brokerage team. Ted Simpson ...

Reliance on casino revenue is risky - Eagle-Tribune

Reliance on casino revenue is riskyEagle-TribuneThe company is planning a $450 million redevelopment, and is projecting 2,000 construction jobs and 1,300 gaming jobs. Gambling problems could offset revenue. The study predicts the expense of coping with problem gamblers could offset new revenues, ...and more »

Biz buzz

Fremont and Hayward to get 24 Hour Fitness San Ramon-based 24 Hour Fitness is launching new stores in Fremont and Hayward as part of a $25 million expansion that will create hundreds of new jobs in the Bay Area this year, the personal health company said Thursday.

Ponce City Market to Nab 700 Jobs and $10 Million Investment - Patch.com

GPBPonce City Market to Nab 700 Jobs and $10 Million InvestmentPatch.comThe company — and its Atlanta subsidiary, Green Street Properties — planned $180 million redevelopment of the 16-acre site includes retail, office and residential projects. Those components, coupled with parking and green spaces, will comprise about ...Health IT company to put 500 jobs in MidtownAtlanta Journal ConstitutionHealth IT firm athenahealth to bring more than 700 jobs to MidtownAtlanta Business Chronicle (blog)all 7 news articles »

City Developments 4th-Quarter Net Rises 53% on Housing Projects

City Developments Ltd. (CIT) , Singapore's second-largest developer, said fourth-quarter profit jumped 53 percent, boosted by its property development business.

Universal Health Realty Income Trust Reports 2012 Fourth Quarter And Full Year Financial Results

KING OF PRUSSIA, Pa., Feb. 27, 2013 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE: UHT) announced today that for the three-month period ended December 31, 2012, reported net income was $4.5 ...

Agree Realty Corporation Reports Operating Results for the Fourth Quarter and Full Year 2012

FARMINGTON HILLS, Mich., Feb. 27, 2013 /PRNewswire/ -- Fourth Quarter and Full Year Financial and Operating Results:Increased funds from operations for the quarter by 27%, and 6% year over yearIncreased ...

Lane County starts talks on $67 million Eugene housing, retail redevelopment - OregonLive.com

KVALLane County starts talks on $67 million Eugene housing, retail redevelopmentOregonLive.comA major housing and retail redevelopment project on county-owned property in downtown Eugene would cost $67 million and has gotten an initial go-ahead from the Lane County commissioners. It calls for 170 market-rate apartments, 64 publicly subsidized ...Obie's plan for downtown Eugene gets green lightThe Register-GuardCounty starts talks on big Eugene redevelopmentKTVZEugene businessman proposes apartments, movie theater, grocery store and ...KMTR NewsSource 16all 5 news articles »

Honored for achievements

Chamber salutes area businesses, leaders SOUTH BEND -- Three businesses and four individuals were honored Tuesday at the Century Center by the St. Joseph County Chamber of Commerce at its annual Salute to Business.

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There is a strong rationale to protect and boost the housing sector where their own assessments show that there is a current shortfall of 18.78 million units in urban India.

California Company Buys Former Quebecor Facility

An affiliate of Downey, Calif.-based Industrial Realty Group LLC has paid $2.7 million for the former Quebecor World Inc. warehouse at 828 E. Holmes R...

Pinole oversight board to consider $11.6 million in redevelopment obligations - Contra Costa Times

Pinole oversight board to consider $11.6 million in redevelopment obligationsContra Costa TimesPINOLE -- The Redevelopment Successor Agency board will meet Wednesday to consider the Recognized Obligation Payment Schedule for the period of July through December 2013. The obligations total about $11.6 million, according to a report by City ...and more »

£21.5 million redevelopment of two Tamworth estates discussed at drop-in events - This is Tamworth

This is Tamworth£21.5 million redevelopment of two Tamworth estates discussed at drop-in eventsThis is TamworthALMOST 100 people from the Tinkers Green and Kerria estates went along to two drop-in events last week. The sessions were organised by Tamworth Borough Council to give residents, tenants and leaseholders more information about the £21.5 million ...

Cooper Square Realty Chosen to Manage St. Tropez Condominium

Luxury Building was First Condominium in ManhattanNew York, NY (PRWEB) February 20, 2013 Cooper Square Realty, the New York subsidiary of FirstService Residential Management, has been selected to manage the St. Tropez Condominium, a 34-story luxury high rise located in the Lenox Hill neighborhood in Manhattan.Opened in 1964, the 301 unit building at 340 East 64th Street was the first residential ...

Square One Shopping Centre Commences $84 Million Redevelopment Project - Canada NewsWire (press release)

Canada NewsWire (press release)Square One Shopping Centre Commences $84 Million Redevelopment ProjectCanada NewsWire (press release)MISSISSAUGA, ON, Feb. 14, 2013 /CNW/ - Renovations are underway at Square One Shopping Centre, as $84 million is invested into a major renovation of the common areas, food court and shopper amenities. The design vision aims to infuse exciting ...and more »

Las Vegas Sahara casino begins $400 million redevelopment - Honolulu Star-Advertiser

Las Vegas Sahara casino begins $400 million redevelopmentHonolulu Star-AdvertiserLos Angeles-based SBE Entertainment announced Wednesday that it's beginning construction after securing the $400 million needed for the project. The development company says it will reopen the iconic resort that once hosted the likes of Frank Sinatra ...and more »

Colonial Properties Trust Sells Metropolitan Midtown for $94 Million

Colonial Properties Trust , today announced the sale of Metropolitan Midtown, its mixed-use project located in Charlotte, North Carolina, for $94.4 million in cash. Colo

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ... - PR Web (press release)

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ...PR Web (press release)On the heels of winning high honors for 'best places to work' in the Pittsburgh area, Friendship Village of South Hills will begin a redevelopment project to help ensure it remains one of the best places to live for area seniors. On Friday, February 8 ...