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InvenTrust Properties Pays $57M for Open-Air Shopping Center in Colorado

InvenTrust Properties Pays $57M for Open-Air Shopping Center in Colorado

InvenTrust Properties Corp., formerly Inland American Real Estate Trust Inc. has acquired The Shops at Walnut Creek, an open-air shopping center in Westminster, Co.…

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East Span’s Design Wins Fresh Acclaim

East Span’s Design Wins Fresh Acclaim

The San Francisco – Oakland Bay Bridge East Span was recently given the 2015 Grand Conceptor Award at this year’s Engineering Excellence Awards. The award was announced during the Engineering Excellence Awards Dinner and Gala held in Washington, D.C., an event sponsored by the American Council of Engineering Companies. Attended…

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Developers Celebrate Groundbreaking of 164-Key Marriott Hotel at University’s Campus in Raleigh

Developers Celebrate Groundbreaking of 164-Key Marriott Hotel at University’s Campus in Raleigh

Construction on Raleigh’s new StateView Hotel at N.C. State University’s Centennial Campus is under way.…

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Shintech To Invest $1.4B In Baton Rouge-Area Expansion

Shintech To Invest $1.4B In Baton Rouge-Area Expansion

Shintech Inc., the North American subsidiary of Japan-based Shin-Etsu Chemical Co. Ltd., one of the largest PVC producers in the world, is getting ready to start on its third major expansion in Louisiana since 2008. According to Gov. Bobby Jindal, the company will invest $1.4 billion to supply its Iberville…

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Tucson Electric Power Seeking Contractor for Energy Storage Facility

Tucson Electric Power Seeking Contractor for Energy Storage Facility

Tucson Electric Power issued a request for proposals in which it seeks a developer to design and construct a utility-scale energy storage system. The RFP was issued on Friday, April 24 and stipulates that the 10 megawatt facility should be operational by the end of 2016. The future project partner…

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Rising Multi-Family Rents Lure More Investors

Rising Multi-Family Rents Lure More Investors

As San Diego rents continued their growth through 2014, and are projected to follow a similar upward trend, investors are looking to establish a presence in the market, or cash in on their existing asset while values rise. At the end of Q1, the average rent rate in San Diego…

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College of Osteopathic Medicine at NMSU Breaks Ground in Las Cruces

College of Osteopathic Medicine at NMSU Breaks Ground in Las Cruces

Las Cruces recently hosted an event that brought together Governor Susana Martinez, three mayors, the executive chairman, and the presidents of the American Osteopathic Association and New Mexico State University. The attendees celebrated the groundbreaking of the new osteopathic college at NMSU, calling it “pouring the foundation for the future”.…

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Kennedy Wilson Adds Brokerage Expertise

Kennedy Wilson Adds Brokerage Expertise

Kennedy Wilson has announced the hiring of Las Vegas market expert and 30-year industry veteran, Greg St. Martin. The global real estate investment and services firm has added St. Martin on the position of vice president, in order to strengthen the company’s position in the Las Vegas market. St. Martin…

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Makeover, Rebranding Planned for Hilton Garden Inn

Makeover, Rebranding Planned for Hilton Garden Inn

Hilton Worldwide and HRI Lodging, LLC revealed in April their plans to renovate the Hilton Garden Inn Richmond Downtown and to rebrand it into a full-service Hilton Hotels & Resorts property. The cost of the project is $11.5 million.…

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Meta Housing Corp. Presents Its First Family Arts Colony

Meta Housing Corp. Presents Its First Family Arts Colony

Meta Housing Corp. finalized its first “family arts colony” apartment project in the San Pedro, Calif., neighborhood.…

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Executive Insight: Kevin Finkel, Resource Real Estate

Executive Insight: Kevin Finkel, Resource Real Estate

By Liviu Oltean, Associate Editor Phoenix’s multi-family market is on the rise. This year the metro area climbed five positions to 17th place in Marcus & Millichap’s National Apartment Index. Job growth is a critical factor in Phoenix’s improved standing. According to a CBRE Econometric Advisors forecast, more than 66,800…

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TODAY’S DEALS: Waypoint Grabs Waterfront Apartments in Newport Beach

TODAY’S DEALS: Waypoint Grabs Waterfront Apartments in Newport Beach

IPA brokers a $25.5 million sale in Newport Beach, Calif.; Lee & Associates arranges a 32-unit asset in Los Angeles; and Berkadia negotiates the financing and sale of a multifamily property in Greater Phoenix. …

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