News
SPECIAL REPORT: MBA Optimistic about Economy at Annual Convention
San Diego–MBA issued positive assessments of the economy, job creation and financing activity at the annual MBA Commercial Real Estate Finance/Multifamily Housing Convention & Expo.
SPI to Seek Public Comment on First Green Firm Certification Program
Boston–Many design and construction companies offer services that are not as green as they claim, so the Sustainable Performance Institute has created a new program to weed out the greenwashers.
Sarno and Neuer Join CBRE
Saddle Brook, N.J.–Joseph Sarno and Jeremy Neuer have joined CB Richard Ellis–Sarno as executive vice president and Neuer as senior vice president.
AMCAL Completes Workforce Housing Development in Fresno
Fresno, Calif.–AMCAL Multi-Housing Inc., in partnership with the Foundation for Affordable Housing, has developed the 50-unit family workforce project Summer Hill Place in an area deeply in need of affordable housing.
TODAY’S DEALS: Phoenix Realty Group and MG Properties Acquire $53M Apartment Complex
Phoenix Realty Group and MG Properties have aquired a 402-unit community in Garden Grove, Calif., and JP Morgan Chase sells a 195-unit Sacramento apartment complex for $12.4 million.
Economy Watch: U.S. Home Prices Flat Between 2009 and ’10
Home prices have yet to hit bottom; small businesses are a bit less trepidatious; and the Fed attempts to define nonbanks that are too big to fail.
‘The Accidental Economist’ with Jack Kern: The Tunnel at the End of the Light?
Inflation might increase at a rapid trajectory, sinking much of what was gained in the past six months.
Greening Your Building through Windows and Doors
New window and door technologies make it easier to control a building’s energy efficiency.
SPECIAL REPORT: Mortgage Bankers See Turning Point in CRE
San Diego–Mortgage bankers acknowledge that the commercial real estate sector has stabilized, property valuations have recovered, and liquidity has returned to the sector, but they are also cautious about the future.