Property Types Mixed-Use
Economy Watch - Mortgage Reforms From Out West
Oct 14, 2009
California Gov. Arnold Schwarzenegger signed green legislation over the weekend, as covered by CPE
on Monday, but also nestled in the raft of bills that he signed were
major overhauls of the rules governing residential mortgages. The
thrust of the reforms was to help prevent some of the mortgage
origination abuses that were rampant in the mid-2000s, and which did
their part to inflate the housing bubble.
Chicago CRE Industry Laments Failed Olympic Bid
Oct 05, 2009
The pain of Chicago's loss of the 2016 Summer Olympic Games to Rio deJaneiro is palpable across the country, especially in the Windy City.Local officials had proposed a bevy of new commercial venues in andaround Chicago to accommodate the various competitions; the developmentactivity would have been a big boost for the city. Now, commercial realestate industry players, still reeling from the rejection, arereflecting on what might have been.
Russian Equity Partner Comes Aboard on $4B Atlantic Yards Project
Sep 24, 2009
The $4 billion Atlantic Yards mixed-use development--the centerpiece of
which will be the Barclays Center sports and entertainment arena,
future home base of the NBA's Nets team--has new financial backing.
Developer Forest City Ratner Cos. Inc. and Nets Sports and
Entertainment have just signed a letter of intent to form a strategic
partnership with an affiliate of Moscow-based international private
investment fund Onexim Group for the development of the 22-acre
project. The multi-faceted deal calls for Onexim to invest $200 million.
Anticipating Demand for Mixed-Use, DC Selects Team for 510,000SF School Redevelopment Project
Sep 16, 2009
The real estate sector in Washington, D.C., has suffered blows from the
economic downturn and credit crunch just as other major cities have,
but that is not preventing District officials from making plans to
capitalize on widely anticipated demand down the road. The city has
just chosen a team involving Stanton Development Corp. and EastBanc
Inc. to spearhead the redevelopment of the former Hine Junior High
School in the Capitol Hill Historic District into a 510,000-square-foot
mixed-use destination.
$65M Loan for MU Complex a Vote for Quality
Aug 26, 2009
Some say the frozen credit markets are beginning to defrost a bit, but it in the case of the $64.7 million refinancing of Carillon Point in Kirkland, Wash., it was all about the premier quality of the mixed-use property. Acting on behalf of owner Carillon Properties, Newmark Realty Capital Inc. secured the loan from John Hancock Life Insurance Company for the 470,000-square-foot waterfront complex that sits just 10 miles northeast of Seattle.
Learn About Shopping Center Investment News
The commercial real estate
industry depends upon partnerships between commercial and residential
mixed-use real estate players to be successful. CPN reports on property
types such as shopping center investments and how they are affected in
the current commercial real estate climate. For the best in retail sector news, read Commercial Property News.
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