Steve Powel

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  • HFF Secures $15M Loan for NJ Industrial Asset

    The three-year, floating-rate loan through Malvern Federal Savings Bank is being used to cover acquisition and closing costs for a rail-served warehouse distribution building and adjacent 16-acre development site in South Brunswick.

    11 August 2017 11:41
  • Cress Expands Western Portfolio With $110M Buy

    The company has acquired more than 800,000 square feet of office and flex industrial space in Southern California and Colorado in two transactions.

    05 June 2017 14:36
  • BofA Sells NC Office-Industrial Portfolio

    Alidade Capital acquired the four buildings, which offer more than 400,000 square feet of space within The Park—Huntersville, one of Charlotte‘s largest mixed-use developments.

    23 October 2017 09:30
  • Delinquencies on the Rise in June

    The total number of delinquencies has continued to climb since the beginning of the year, hitting $15.2 billion as of June 2017, according to S&P Global data.

    05 July 2017 17:27
  • TOD Jefferson at Malden Center Breaks Ground

    Jefferson Apartment Group's latest development will include 320 apartments, office and retail space, as well as a new public park. The project is slated for completion in 2019.

    30 May 2017 16:20
  • Economy Watch: US Economy Turns in Sluggish First Quarter

    U.S. real GDP increased only 0.7 percent in the first quarter of 2017, compared with 2.1 percent in last year's fourth quarter. Commercial real estate investment also took a hit as lenders likely were more cautious to start off the year.

    01 May 2017 19:44
  • The 2017 CPE Distinguished Achievement Award Winners

    From planned projects to adaptive reuse, sales transactions to financing packages and leasing deals, the winners of the seventh annual CPE Distinguished Achievement Awards represent the best of the best in commercial real estate deals during 2016.

    07 November 2017 16:01
  • Economy Watch: Meta-Ranking of Amazon HQ2 Race Puts Atlanta on Top

    Sperling's BestPlaces collected 18 lists and ranking of potential locations, determining that Atlanta's ability to absorb an expected 50,000 workers and other factors make it the No.1 contender for the new Amazon headquarters.

    16 November 2017 16:19
  • Marcus & Millichap Expands Chicago Downtown Office

    The company added 6,000 square feet of space to its office at 333 W. Wacker Drive and is currently enlarging its Oak Brook team.

    13 September 2017 11:22
  • Do You Have a Competitive Edge?

    Scarcity of talent is a growing difficulty for American businesses. Real estate owners and operators are in a unique position to help out—and benefit in the process, affirmed Spencer Levy and others during CREW Network's 2017 convention.

    30 October 2017 20:31