Daily News for Commercial Real Estate & Business – October 20, 2010
Bethany MF Portfolio Trades for $133M One of the largest lender-facilitated dispositions in the southwestern US has closed: the Bethany Kingdom I Arizona portfolio, which consists of seven multifamily communities totaling 2,759 units, has sold for $133.1 million. View article… Foreclosure sale delayed on Bidwill land south of Arizona Cardinals stadium A foreclosure sale set […]
Daily News for Commercial Real Estate & Business – October 19, 2010
Brothers grow Mega Furniture chain A pair of brothers focused on offering “low-cost, high-quality” furniture have tapped into customers’ desire for bargains, gaining such momentum that their 7-year-old business will expand by two stores this month. View article… Senior Resource Group Buys Two Distressed Properties Senior Resource Group LLC has acquired two bank-owned properties: La […]
Daily News for Commercial Real Estate & Business – October 18, 2010
Hoover Dam bypass bridge an American triumph It stands like a sentinel, watching in the wind over one of America’s most treasured landmarks, the Hoover Dam. When the Mike O’Callaghan-Pat Tillman Memorial Bridge opens to traffic later this week, it will become an instant tourist attraction and provide a quicker, safer way to drive from […]
Daily News for Commercial Real Estate & Business – October 15, 2010
VA Building Trades for $20M A high-net worth individual from the Netherlands has paid $20 million for a 95,558-square-foot office building leased to the U.S. Department of Veterans Affairs. View article… First Solar announces plans for 2 new factories Solar panel maker First Solar Inc. said Thursday it will build new factories to help meet […]
Daily News for Commercial Real Estate & Business – October 14, 2010
To view the October 2010 Multifamily Executive magazine, click here. To view this weeks “The Watchlist” by Costar, click here. Commercial Real Estate: Crawling Toward Recovery If nothing else, people who care about commercial real estate in greater Phoenix can take cold comfort in this: the worst is probably over. View article… FBI breaks ground […]
Daily News for Commercial Real Estate & Business – October 13, 2010
Neace Lukens acquires Phoenix Horton office Neace Lukens, a Louisville insurance broker, is expanding its presence in Arizona with the acquisition of the Phoenix office of The Horton Group. View article… Charles Schwab Acquires Nine-Acre Site at Phoenix Charles Schwab Corp., a financial services firm, is acquiring a nine-acre site at Phoenix for $2.06 million. […]