Wayne Elam

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  • Honolulu-Area Oceanfront Retail Center Changes Hands

    J.H. Real Estate Partners acquired the Coconut Grove, a 49,500-square-foot shopping center in Kailua-Kona, Hawaii, from Hudson Advisors. Donald MacLellan and Rick Chichester of Faris Lee Investments represented both the seller and the buyer in the transaction.

    02 October 2017 23:50
  • Hunt Mortgage Expands to Phoenix, Hires New VP

    Matthew Frank was named vice president of the company's Small Balance Loan Group, where he will be responsible for sourcing and closing Freddie Mac small balance loans.

    17 May 2017 14:41
  • REITs

    The Health Care REIT sector traded at the largest median premium to NAV, at 13.10 percent. Manufactured Home and the other Retail REIT sectors followed next trading at median premiums to NAV of 10.19 and 7.92 percent, respectively.

    22 May 2017 17:53
  • AJ Manufacturing Doubles Capacity, Moves HQ

    The company moved to the Three Trails Industrial Park, a Class A industrial park in southern Kansas City, Mo. AJ also added equipment to its new plant.

    17 July 2017 17:48
  • Blackstone Closes International Market Centers Acquisition

    The company purchased the world's largest owner and operator of premier showroom space for the furnishings, home decor and gift industries from Bain Capital Private Equity and funds managed by Oaktree Capital Management.

    28 September 2017 11:05
  • Marcus & Millichap Arranges Loan for FL Hotel Buy

    The $15.9 million loan was used to purchase two properties located in Apopka, Fla., less than 15 miles from Orlando.

    07 November 2017 18:00
  • JV Sells Two Prime NJ Office Assets

    Somerset Properties and Greenfield Partners LLC selected Colliers as the exclusive agent for the disposition of 400 and 406 Lippincott Drive in Marlton, N.J. The two Class A office buildings total more than 80,000 square feet.

    16 June 2017 13:18
  • Economy Watch: AIA Predicts More Construction Starts in 2018

    The Architecture Billings Index has posted three consecutive months of design revenue growth, according to the AIA, which bodes well for construction spending growth next year.

    26 May 2017 13:28
  • CIM Group Closes LA Hotel Sale

    The sale comes after the recent disposition of the adjacent 8500 Sunset residential complex.

    31 July 2017 14:31
  • Economy Watch Weekly: Unemployment Rate Hits 20-Year Low

    The U.S. economy experienced below-average job growth in May, adding only 138,000 jobs compared to the average of 181,000, according to the U.S. Census Bureau. However, the unemployment rate reached a new low of 4.3 percent for the month. Economy Editor Dees Stribling has the details on the latest jobs report.

    06 June 2017 14:31