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  • Economy Watch: Construction Spending Flat in May

    Residential construction was up 0.5 percent and non-residential construction was down 0.3 percent, leading total construction to remain flat for the month, according to the U.S. Census Bureau. Compared to May 2016, however, all major nonresidential construction categories enjoyed increased spending.

    05 July 2017 13:35
  • Economy Watch: Hotel Pipeline Grows in April

    Nearly 4,843 hotels were currently in process in the U.S. in April, according to a recent STR report, an increase of 15 percent from a year ago. Limited service hotels account for roughly two-thirds of all hotel construction in the country.

    18 May 2017 15:22
  • IKEA Taps Linkous Construction for 2nd VA Location

    The proposed 338,000-square-foot IKEA Norfolk is aiming for a ground breaking in the fall, with the official store opening in spring of 2019.

    29 September 2017 13:29
  • Texas Nursing Facilities Land $28M in Financing

    The loan secured by Hunt Mortgage Group through the HUD LEAN program will be used to refinance eight skilled nursing facilities located in Texas.

    10 August 2017 09:53
  • Cushman & Wakefield to Lease Former La Roche Campus

    After rebranding and redeveloping the former Hoffmann-La Roche North American headquarters campus as ON3, Prism Capital Partners gave the green light for leasing the two office buildings in Clifton, N.J.

    08 May 2017 14:46
  • LA’s The Line Hotel Lands $93M Refi

    Natixis has arranged the floating-rate financing for The Yucaipa Cos., owner of the 384-key lifestyle hotel in Los Angeles.

    27 June 2017 15:11
  • Seagis Buys Warehouse Complex in Miami

    With its latest acquisition, the company’s holdings include 10 million square feet of industrial buildings in South Florida, New Jersey and New York City.

    26 September 2017 13:09
  • Arlington Retail Asset Changes Hands

    A private investor sold an 87,900-square-foot, five-building shopping center in Arlington, Texas. Bill Jordan of Marcus & Millichap represented the seller and secured the buyer.

    16 June 2017 19:05
  • Shea Nabs 7 Leases at San Diego’s Mercado del Barrio

    The new leases totaling 15,600 square feet bring the occupancy of the retail section of the project to 93 percent. The $80 million development was created in 2013 to help revitalize and preserve Barrio Logan’s cultural legacy.

    28 August 2017 13:56
  • Global Medical REIT to Buy 2 Hospitals in Sherman, TX

    The company will pay $26 million to acquire two medical facilities totaling 81,352 combined square feet, with plans to lease them to current owner SDB Partners.

    25 May 2017 15:46