Commercial Real Estate & Business News – January 7, 2015
Colrich Adds To Valley Holdings…Picks Up 332 Apartments In $31 Million Deal A joint venture formed by ColRich in San Diego, Calif. (Danny Gabriel, principal) and Harbert Management Corp. in Birmingham, Ala. (Raymond Harbert, principal) paid $31 million ($93,373 per unit) buy The Cortesian, a 332-unit apartment community located at 7749 E. Camelback Road in […]
Commercial Real Estate & Business News – January 6, 2015
Six Trends in Commercial Real Estate to Watch for in 2015 While many variables will determine the course of U.S. commercial real estate, here are six potential trends for 2015 based on the current outlook: Increased allocations and capital flows. With most institutions—not to mention high-net-worth investors—still being underallocated to real estate, combined with the […]
Commercial Real Estate & Business News – January 5, 2015
Report: U.S. Economic Recovery To Strengthen Further In 2015 With the turn of the calendar, Wells Fargo Securities sees the U.S. economy outperforming on the world stage. In a new report, Wells projects a 2.5 percent to 3 percent growth rate for real gross domestic product this year. It will make this year the back […]
Commercial Real Estate & Business News – January 2, 2015
HAPPY NEW YEAR! Biggest Commercial Real Estate News of 2014, The Year In Review CoStar’s award-winning journalists covered the biggest stories in commercial real estate in 2014, providing timely reporting and insightful views on the major trends and transactions that shaped the industry throughout the year. In addition to covering the biggest transactions, financings and […]
Commercial Real Estate & Business News – December 31, 2014 – Goodbye to 2014!
Retail Investment Sales Booming Earlier this year we reported on a rather active retail market. Apparently that was only the beginning. Second and third quarter transaction volume displayed steady momentum, continuing the rising trend that’s built over the past 4 years. On a recent episode of the Commercial Real Estate Show we looked into the […]
Commercial Real Estate & Business News – December 30, 2014
West Valley Cities Look to Loop 303 to Spur Development Loop 303 is being called the West Valley’s freeway to the future. As one of its vital improvement projects begins this month, area residents are bracing for 18 months of construction inconveniences. A nearly $50M project will result in a new interchange with U.S. 60, […]