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Archive for ‘February, 2011’

Water Levels Delay $347M Casino

Water Levels Delay $347M Casino

Pinnacle Entertainment Inc. was on schedule to complete development of the Baton Rouge, La., project, but low Mississippi River water levels have forced the company to push back the gaming property’s debut to the first quarter of 2012.

Economy Watch: GDP Estimate Pared Down

Economy Watch: GDP Estimate Pared Down

U.S. GDP wasn’t quite as robust in the fourth quarter of 2010 as the U.S. Department of Commerce had previously estimated. Growth was recalibrated by the Bureau of Economic Analysis to an annualized rate of 2.8 percent, down from an earlier estimate of 3.2 percent.

National Association of Realtors Forecasts More Stabilization in CRE

National Association of Realtors Forecasts More Stabilization in CRE

The organization’s latest report anticipates increasing improvement across the board for the national commercial real estate market.

CPE Radio: Dees Stribling’s Economy Watch Weekly

CPE Radio: Dees Stribling’s Economy Watch Weekly

Economy Watch reporter Dees Stribling offers insights into the top economic news of the week ending Feb. 25 and what to watch out for in the coming week.

New Denver Office Building Trades for $213M

New Denver Office Building Trades for $213M

The 500,000-square-foot office building at 1800 Larimer St. comes under new ownership just nine months after developer Westfield Co. Inc. put the finishing touches on the technologically advanced tower.

OliverMcMillan Restarts Project

OliverMcMillan Restarts Project

There will be an investment of $300 million to bring The Streets of Buckhead to life. The mixed-use project will ultimately consist of an array of luxury commercial and residential components spanning six blocks in the tony neighborhood.

Economy Watch: New Homes, Budget Cuts, Oil

Economy Watch: New Homes, Budget Cuts, Oil

New home sales took a dive in January, while Goldman Sachs came out with a report predicting a slowdown in U.S. growth due to budget cuts and prospects for an oil crisis.

Eyeing Healthcare Growth, Lend Lease Acquires DASCO

Eyeing Healthcare Growth, Lend Lease Acquires DASCO

Company executives are counting on the merger to provide a one-stop shop for the burgeoning medical facilities industry.

Colliers Taps Dahlstrom to Lead Investment Services

Colliers Taps Dahlstrom to Lead Investment Services

The appointment signals a push to take market share in the institutional investment arena.

Economy Watch: Existing Home Sales Up

Economy Watch: Existing Home Sales Up

Existing home sales rose unexpectedly during January, but foreclosures are down year over year. Banks are back in the black as a whole but still holding on to their money.

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