Dave Simonsen

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  • The Difficulty of Reviving Zombie Malls

    In revitalizing a deteriorating mall, asset owners and developers may face an uphill battle to make the property profitable again. But those with an understanding of community and economic needs can be successful, notes CenterSquare Investment Management Portfolio Manager Eric Rothman.

    19 July 2017 17:25
  • Fifth Avenue Tower Lands $200M in Financing

    Groundbreaking is scheduled for 2018, three years after Ceruzzi Holdings and SMI USA acquired the New York City development site for $275 million from Thor Equities.

    12 July 2017 12:39
  • YgreneWorks Exceeds $600M in PACE Financing

    YgreneWork’s PACE program has helped finance approximately 29,000 completed contracts, the equivalent of $639 million allocated for energy efficiency, renewable generation and water conservation improvements.

    05 July 2017 21:39
  • Flagship Healthcare Nabs First Louisiana Property

    The 55,000-square-foot medical office building in the New Orleans metro area was 72 percent occupied at the time of the transaction and is part of the campus of Lakeview Regional Medical Center.

    27 June 2017 18:45
  • SSGT Invests in Massachusetts

    The 840-unit self-storage facility in Nantucket is 91 percent leased and is one of a host of assets the REIT has snapped up across the U.S. this year.

    25 August 2017 08:03
  • CBRE Arranges $62M Sale of Golden Bear Plaza

    Equus Capital Partners sold the three-building office complex to the East Coast operating platform of The Shidler Group, Alliance Partners HSP.

    18 July 2017 15:15
  • Access Industries Nabs Stake in Historic Sunset Boulevard Hotel

    JK Hotel Group and Access Industries plan to refurbish the luxury 81-key property's guest suites and its indoor-outdoor bar and dining area.

    26 May 2017 11:42
  • 4 Big Trends That Will Shape CRE: A Futurist’s Guide

    Start thinking now about how these emerging developments in technology and society could affect your business, SunTrust's top commercial real estate banker advises.

    01 August 2017 18:30
  • Alphapointe Buys Warehouse, Relocates to Queens

    The non-profit organization purchased a 138,000-square-foot brick warehouse in the borough’s Richmond Hill neighborhood. The property will serve as its administrative offices, manufacturing and distribution facility, and call center.

    23 June 2017 18:51
  • Employment Picture

    For unemployment, the most significant decrease was in the installation, maintenance and repair occupations with 30 percent, followed by professional and related (-22.9 percent) and office and administrative support (-18.3 percent).

    14 April 2017 19:44