Wednesday, November 14, 2012

Retailers Preference for Strongest Locations Complicate Retail Property Recovery




National Commercial Real Estate News From CoStar Group





Retailers Preference for Strongest Locations Complicate Retail Property Recovery



While multifamily property posted robust growth and the office and industrial sectors saw continued progress, overall demand for U.S. retail space remained decidedly tepid in the third quarter, according to CoStar’s Third Quarter 2012 Retail Review and Outlook presentation.

Retail sales started the year strongly before suffering a summer swoon. While consumer spending is on the rise again in recent months, concerns about the fiscal cliff and the...









Mixed-Use 2.0: The Office Building of the Future



Social forces and advances in communications technology are driving changes in how and where people work. Corner offices and cubicles are giving way to a kind of ‘Mixed-Use 2.0’ - workspaces that are infinitely flexible, with options for focused, individual work and also fully equipped to support collaborative groups, team projects and social interaction.

That's the vision presented by the four respected architects selected in NAIOP’s inaugural...









How Banks Survived the Recession



The Great Recession took a heavy toll on the nation’s banking industry and dramatically reshaped its makeup. A total of 465 banks failed and their assets and deposits redistributed to the country’s remaining 7,176 institutions, fewer than many feared, but still a major and expensive disruption.

It has been well documented that in almost all of the recent bank failures, commercial real estate lending was a major factor in weakening them to the point...









London Investor Sees U.S. Multifamily as Best Positioned for Next 5 Years



Henderson Global Investors raised another $50 million for its latest U.S. multifamily housing fund - CASA Partners V, taking in a total of $155 million equity to date. It is targeting a total $250 million equity raise before its final closing date at year-end, representing an initial gross portfolio size of up to $750 million (including a maximum loan-to-value of 65%).

Share this story with your followers Tweet

CASA V is the fifth in a series...









Facility Closures & Downsizings: ‘DeadPin’ Alley: AMF Bowling Files Ch.11



AMF Bowling Worldwide Inc. is planning to restructure and shed costs after reaching an agreement with a majority of its secured first lien lenders and the landlord of a majority of its bowling centers. The bowling facility operator will restructure through a first lien lender-led debt-for-equity conversion, subject to higher and better offers through a marketing process.

AMF’s restructuring is expected to eliminate a significant amount of its outstanding...









Cox Joins Stan Johnson Company



Jeff Cox joined Stan Johnson Company as its Chief Operating Officer. Cox will work with CEO Stan Johnson on the strategic direction of the firm and oversee its daily operations, including planning, marketing, finance, technology, human resources and administration.

Cox was previously at CBRE for the past 15 years, where he served as a senior account executive and regional operations director where he oversaw a 25 million-square-foot portfolio...









Decron Invests $70M in L.A. Area Multifamily



Decron Properties Corp. purchased the 397-unit garden style multifamily community at 1518 Patricia Ave. in the Los Angeles, CA, area for $70 million, or $176,322 per unit.

The complex was built in 1985 and covers 16 acres in Simi Valley. The Creekside Apartments feature 40 three-bedroom/two-bathroom units, 190 two-bedroom/two-bathroom units, 80 two-bedroom/one-bathroom units and 87 one-bedroom/one-bathroom units. Community amenities include two...






No comments:

Post a Comment