Finance & Investment
Loosening Standards
Capital is pouring back into the most active commercial real estate investment markets as lenders are responding to improving property values and rising expectations of future income growth.
Market Issues Sideline CMBS Financing
Even as commercial mortgage-backed securities financing was slowly starting to make a comeback as a source of multifamily financing, U.S. and global macroeconomic issues, as well as micro-level CMBS-related issues, have come together to stall the CMBS sector.
Hanging On: A Look at the Southeast’s Recovery
Job growth in the major markets in the Southeast region continues to rebound, though unemployment remains relatively high in some markets.
Strategic Capital Group, Miller Development Break Ground on Fireclay Village TOD
By Gabriel Circiog, Associate Editor One of the largest developments ever to be built in Murray City has broken ground. The 26-acre, $80 million transit-oriented development is a joint venture between Strategic Capital Group and Miller Development Co. Located at 4400 South and 100 West, the mixed-use Fireclay Village will include 400 apartments, 268 income-restricted […]
Ford Motor Co. and Governor Jay Nixon Announce Historic $1.1 Billion Investment
By Gabriel Circiog, Associate Editor Missouri Governor Jay Nixon, senior executives from Ford Motor Co., and leaders of the United Auto Workers have announced a historic $1.1 billion investment in the Claycomo facility. Governor Nixon hailed the investment as the rebirth of the American auto industry. The investment will add 1,600 new jobs over the […]
Washington, D.C., is Top Investor Choice Again as Tough 2011 Looms: PwC/ULI Survey
In football terms, 2012 promises yet another grinding year of “three yards and a cloud of dust,” according to the annual Emerging Trends forecast from PwC and the Urban Land Institute, which was released Wednesday morning.
Standard & Poor’s James Manzi Plots the Road Ahead
James M. Manzi, CFA, senior director, Structured Finance Research, at Standard & Poor’s Rating Services, explores the ratings agencys take on a range of subjects of interest to the multi-housing industry.
PROFILE: Alchemy Properties Inc.
Some market observers may not think of this as much of a condominium market, but the 21-year-old Alchemy Properties Inc. is continuing to develop condos in the Manhattan market as usual.
Salt Lake County Offers Financial Support for High-Density Development Along TRAX Line
By Gabriel Circiog, Associate Editor Salt Lake County has shown its financial support for a proposed high-density development along the new TRAX line running through West Jordan. The 40-acre project, located at 9000 S. Bangerter Highway, will include 1,400 residential units and commercial buildings. The Salt Lake Tribune reports the County Council agreed to approve […]