‘On the Ground’ with Eric Brown: Branded Media’s Hidden Benefits
There is something known as the corridor of opportunity. The gist is that many times some of the greatest fruit bears itself once we are already immersed in a process.
Converted Loft Property in Pittsburgh Wins Adaptive Reuse Award
Pittsburgh–McCaffery Interests Inc. transformed a turn-of-the-century warehouse complex into a thriving residential property with 297 loft apartments, while maintaining the original facility’s historic features.
Economy Watch: Consumers Feeling Blue Once More
Consumer sentiment points toward nervous times; the Fed is looking to sell subprime mortgage bonds; and GDP growth for 4Q10 was revised upward.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending March 25, U.S. GDP was revised upwards, but other than that the news was mostly negative, highlighted by uncertainties on the world stage, such as a debt crisis in Portugal. U.S. housing is in a serious trough, and workers over 55 are working longer, not because they want to, but because they have to.
MyNewPlace’s Mobile Website for Property Marketers
San Francisco—MyNewPlace is offering Mobile Portal, a mobile-optimized website solution for its growing marketing services product line.
Economy Watch: CBO Says Older Workers Hanging on to Their Jobs
The only group whose work force participation hasn’t dropped recently are workers over 55; Detroit’s population drop between 2000 and 2010 has been staggering; and Ben Bernanke has agreed to hold quarterly news briefings with reporters.
IBM to Acquire TRIRIGA
Armonk, N.Y.–IBM has entered a definitive agreement to acquire privately held TRIRIGA, Inc., a Las Vegas-based provider of facility and real estate management software solutions.
Economy Watch: New Homes Sales Drop into the Cellar
Single-family home sales slide to the lowest annual rate on record; the Fed vetoes Bank of America’s request to increase its dividend, leaving investors wondering about the bank’s health; and B of A purchases the retail component of Block 37.
Muldoon Joins Johnson Capital’s Midwest Multifamily Group
Paul Muldoon has joined Johnson Capital as vice president in their Midwest Multi-Family Group.
Q&A with Carroll Organization’s Patrick Carroll
Patrick Carroll talks with MHN about the multifamily discussion that took place at the Global Real Estate Institute’s annual U.S. gathering in New York.