Construction of a new child development center at Lincoln Elementary School in Redondo Beach, Calif., generated plenty of curiosity among students and faculty members last spring. Significant portions of the 5,000-sq...
Savanna, a New York-based real estate private equity and asset management firm, last week acquired 31 Penn Plaza, a 18-story, 444,000-square-foot multi-tenant office building at 132 West 31st Street in a reported $130...
The magnitude 5.8 earthquake centered in Virginia that affected the East Coast in late August and the much larger 9.0 temblor that hit Japan in March both serve as reminders that seismic activity is a risk to...
A Nevada real estate company’s strategy to stave off foreclosure may pave the way for other investors attempting to reorganize under Chapter 11 bankruptcy protection.
By merging several single-asset operating compan...
Joining a growing list of corporations that are moving their real estate operations to a third-party provider, financial services firm Principal Financial Group (NYSE: PFG) today outsourced facilities management for ...
Austin broker Gaines Bagby is convinced that CoStar Group’s new iPad app, CoStar Go, is a game changer. After spending a few minutes test driving the software program during a CoStar presentation at Austin’s Four Sea...
The threat of an imminent rise in interest and capitalization rates abated Tuesday, courtesy of the Federal Reserve’s plan to suppress short-term interest rates for the next two years. The measure helps to stabilize...
The threat of an imminent rise in interest and capitalization rates abated Tuesday, courtesy of the Federal Reserve’s plan to suppress short-term interest rates for the next two years. The measure helps to stabilize ...
Economists are divided over the commercial real estate implications of Friday’s historic downgrade of U.S. debt. Standard & Poor’s decision to lower its rating on long-term U.S. Treasury bonds from AAA to AA+ is...