Paul Vega

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  • Construction Industry Backlog Up

    The amount of construction work under contract but not yet completed rose to nine months, according to the Associated Builders and Contractors latest Construction Backlog Indicator, implying expanding demand for construction services, or a shortage of construction labor in a few markets.

    27 June 2017 13:12
  • Quantum Capital Secures $50M Retail Refi

    The loans will refinance a Walmart-anchored shopping center in Torrance, Calif. and four fully leased retail buildings in Beverly Hills, Calif.

    08 June 2017 17:15
  • Amazon to Open First Fulfillment Center in NY

    The facility, developed by Matrix Development Group, is set to bring 2,250 full-time job opportunities for employees to engage with advanced robotics.

    11 September 2017 15:16
  • HFF Facilitates $16M Sale of NC Site

    Managing Directors Justin Good and Jeff Glenn together with Senior Director Allan Lynch represented Wells Fargo Bank in the sale of a roughly 19-acre site in Raleigh, N.C., to DeWitt Carolinas Inc.

    20 July 2017 10:27
  • Vornado Speeds Up JBG Smith Spin-Off

    Common shares of the new REIT—which will trade on the New York Stock Exchange under the symbol JBGS—will be available starting July 18.

    28 June 2017 08:51
  • TA Realty Sells $202M Mid-Atlantic Industrial Portfolio

    The properties are situated within the states of Maryland and Delaware. The company worked on behalf of Realty Associates Fund VIII and Realty Associates Fund X.

    26 July 2017 11:31
  • Economy Watch: Apartment Rents Stabilize in Summer

    The national median rent increased in September to its highest point of 2017, hitting $1,018, according to a recent ABODO report. However, the increase is only up a bit from January, when the median was $1,016.

    06 September 2017 13:33
  • Creation Baumann Releases First Outdoor Collection

    The upholstery retailer released its first collection of durable stain-, chlorine- and saltwater-resistant fabrics, which are offered in a choice of unique patterns and colors to fit any design scheme.

    10 May 2017 11:34
  • Kroger-Anchored TX Shopping Center Lands $19M Loan

    Metropolitan Capital Advisors Ltd. has arranged a construction loan for the second phase of the Prosper, Texas, shopping center. The 70 percent loan-to-cost financing features a fixed rate of 4.5 percent.

    18 May 2017 16:54
  • MedCraft to Expand MN Essentia Health Facility

    The 26,633-square-foot expansion in Grand Rapids, Minn., is slated for completion by May 2018. The partnership minimizes risks, allowing Essentia to reinvest in expanded facility operations.

    18 August 2017 19:14