Column: Outlook is improving for real estate finance - Portland Business Journal (blog)

Column: Outlook is improving for real estate finance - Portland Business Journal (blog)

Column: Outlook is improving for real estate financePortland Business Journal (blog)John Petersen is president of Melvin Mark Capital Group. Those of us engaged in the commercial and multi-family real estate capital markets — or the sale and financing of investment real estate — have lived through some interesting times in recent years.

Tucson real estate - Arizona Daily Star

Tucson real estateArizona Daily StarThrac Paulette and Jon O'Shea of Vast Commercial Real Estate brokered the sale. • Core Campus Investment Partners LLC bought the 20,829-square-foot building at 1011 N. Tyndall Ave. for $3.85 million. The purchaser plans to develop student housing on ...

RIVERSIDE: Commercial real estate association helps food bank - Press-Enterprise

Press-EnterpriseRIVERSIDE: Commercial real estate association helps food bankPress-EnterpriseOn Dec. 4, 2012 members of National Commercial Real Estate Development Association Inland Empire donated $5,000 to Second Harvest Food Bank in Riverside to cover the cost of 40,000 meals, which will ensure that hundreds of inland families in need ...and more »

Paying for Redevelopment's Funeral

All three of the Humboldt county cities that once had redevelopment agencies have been tussling with the state over how much money they should have to hand over and when, with millions of dollars at stake.

Apollo Commercial Real Estate Finance (ARI) Ex-Dividend Date Scheduled for ... - NASDAQ

Apollo Commercial Real Estate Finance (ARI) Ex-Dividend Date Scheduled for ...NASDAQApollo Commercial Real Estate Finance ( ARI ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.4 per share scheduled for January 14, 2013. Shareholders who purchased ARI stock prior to the ex-dividend date ...and more »

Redevelopment reverberations continue; Arcata grappling with paying $2.4 million back to state

The city of Arcata is being confronted with paying back $2.4 million in redevelopment money that is already overdue -- according to the state -- and much of which has already spent on building projects.

Commercial real estate delinquency dips - ABQ Journal

ABQ JournalCommercial real estate delinquency dipsABQ JournalDelinquency rates for commercial real estate loans continued an overall modest decline in the third quarter, although the sector continues to feel the drag of sluggish economic growth, high unemployment and anticipated tax increases. The 90-plus-day ...and more »

Two redevelopment sites sold

by Romesh Navaratnarajah

90-year-old real estate baron Jay Kislak is forever young - MiamiHerald.com (registration)

90-year-old real estate baron Jay Kislak is forever youngMiamiHerald.com (registration)(Kislak recently looked at the potential for real estate development in North Dakota, booming with shale oil, but decided to pass.) Kislak's empire has gone through dramatic changes over the years. He built — and eventually sold — commercial banking, ...and more »

Commercial real estate outlook: Top ten issues in 2013. - 4Hoteliers

Commercial real estate outlook: Top ten issues in 2013.4HoteliersThe commercial real estate (CRE) recovery, although slow, has been visible in improved fundamentals, capital availability, asset pricing and transactions. REITs continue to outperform others, primarily due to higher liquidity and relatively easy access ...

Lemoore to sue state department

LEMOORE — Lemoore is preparing to sue the California Department of Finance after being asked to repay $2.68 million in redevelopment money already spent on a senior housing complex.

Larger real estate deals on Dallas' horizon, expert says - Dallas Business Journal

Larger real estate deals on Dallas' horizon, expert saysDallas Business JournalThe reason behind that preference for industrial real estate stems from Houston working to expand its port, which will bring more commercial goods through Dallas, he said. Some other things to look for in 2013: The start of office development ...Commercial real estate stalled in stateTheDay.comGenesis Capital Highlights Current Commercial Real Estate Investment ...Melodika.net (press release)Nobel Real Estate Investment Trust announces filing of preliminary prospectus ...PR Newswire (press release)EON: Enhanced Online News (press release) -Canada NewsWire (press release)all 40 news articles »

McDonald's Great King St restaurant upsizes

Completion of a $2 million redevelopment of the McDonald's Great King St restaurant has been welcomed both by customers and staff. read more

Lagging behind: Commercial real estate market not rebounding at the same rate ... - Phoenix Business Journal

Lagging behind: Commercial real estate market not rebounding at the same rate ...Phoenix Business JournalCommercial real estate is slower to recover because "businesses lack the confidence in government to expand and start spending money," said Pete Bolton, executive vice president and managing director of Newmark Grubb Knight Frank's Phoenix office.

A Crucial Leading Indicator Of Commercial Real Estate Hits Its Best Level ... - Business Insider

A Crucial Leading Indicator Of Commercial Real Estate Hits Its Best Level ...Business InsiderNote: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From AIA: Architecture Billings Index Signaling Gains for Fourth Straight Month. Billings at architecture firms across the country continue to increase.and more »

Collins turns sod for new-look Manukau Court

Justice Minister Judith Collins today turned the first sod at the Manukau District Court construction site marking the start of the $40.6 million redevelopment project. The redevelopment will include a new four story extension as well as extensive alterations and a complete refurbishment of the existing court building. When complete, the redevelopment will provide four new jury trial courtrooms ...

State challenges $24.5 million in Pinole redevelopment asset transfers

Report by state Controller John Chiang's office says properties, cash must go to redevelopment successor agency to satisfy bond debt and other obligations.

Federal housing officials grant $30 million to Tampa's Encore redevelopment project

By Richard Danielson, Times Staff Writer Thursday, December 13, 2012 TAMPA — The Encore Tampa redevelopment project north of downtown got a $30 million boost Thursday from the administration of President Barack Obama. Tampa was one of only four communities in the nation — along with Seattle, San Antonio and Cincinnati — to receive a grant from the U.S. Department of Housing and Urban Development ...

AFL-CIO Housing Investment Trust Invests $33.5 Million For Redevelopment Of Old Colony Public Housing In Boston

Continued Work on Distressed Property to Create 340 Union Construction Jobs  BOSTON, Dec. 13, 2012 /PRNewswire-USNewswire/ -- The AFL-CIO Housing Investment Trust (HIT) is investing $33.5 million of union pension capital to construct 129 apartments for low-income households at Old Colony, one of Boston's largest and most distressed public housing properties.  The project is expected to generate ...

Ground broken on Sheppard Square redevelopment in Smoketown

Ground was broken this morning on the $101 million redevelopment at the old Sheppard Square public housing project in Smoketown. Mayor Greg Fischer and U.S. Rep. John Yarmuth, D-3rd District, attended the ceremony.