As the deadline arrives today for all federal agencies to submit reduced real estate plans, the continued office space freeze, consolidations and teleworking have combined for a historic event: an almost complete halt to national government office growth.
BURNSVILLE, MN—A partnership of Ebenezer Management Services and Kraus-Anderson Realty has opened its $12 million expansion of the Arbors at Ridges seniors housing complex
The new three-story property includes 62 assisted living units and six units designed for post-operative and therapy residents. The addition also allows the community to add memory care services, which will complete the care continuum for Ebenezer Ridges residents.
There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?