Commercial Building: Page 353
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Mack-Cali Announces $300M Public Offering
Proceeds from the sale of senior unsecured notes will finance debt and other expenses, according to the Edison, N.J., REIT.
By Ron Gallagher • April 11, 2012 -
Buyers' Attention Key to Auction Success
“The key to having successful auctions is making sure that everyone knows it’s up for sale,” explains Robert Friedman,
By Ron Gallagher • April 11, 2012 -
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Contractors Sued Over Atlantic City Lightning Fatality
One worker died and two were hurt when lightning hit a crane atop the Revel Hotel and Casino as they finished a concrete pour.
By Ron Gallagher • April 10, 2012 -
Two Gretzky-Inspired Process Trends for Builders
The Great One always skated to where the puck was headed. In a guest post for Construction Dive, Dan Conery outlines two processes that builders, architects and engineers should be watching.
By Ryan Willumson • April 10, 2012 -
'40 Under 40' Recipients Named by BD+C
The magazine has named its seventh class of industry up-and-comers.
By Ron Gallagher • April 9, 2012 -
Jay Paul Co. Borrows $40M for 683,000-SF Towers
Plans for Moffett Towers II in Sunnyvale, Calif., include a fourth building.
By Ron Gallagher • April 9, 2012 -
Tax Fight Over Empire State Building
One view is that some investors will pay more tax than they will get in proceeds if the IPO flies.
By Ron Gallagher • April 9, 2012 -
Development and Construction Contracts: What You Need to Know
Contracts are about defining relationships and giving instructions, author Peter Siviglia explained. They are not about anything that other forms of writing seek to do.
By Ron Gallagher • April 9, 2012 -
CMBS Delinquencies Spike Again in March
The next 12 months will see nearly $67 billion of CMBS loans due to mature, about 13% of which are already in special servicing, says Morningstar.
By Ron Gallagher • April 9, 2012 -
AIG Provides $90M Retail Acquisition Loan
AIG has become more active in the market lately, Walker & Dunlop's Paul Wallace tells GlobeSt.com's Erika Morphy.
By Ron Gallagher • April 9, 2012 -
Coral Springs Multifamily Sees $35M Acquisition Loan
CBRE's Dennis Jiménez reports Freddie Mac's CME product continues to be one of the most compelling offerings out there.
By Ron Gallagher • April 9, 2012 -
Ex-Head of Pa. Concrete-Beam Firm Convicted in DBE Fraud Case
Joseph W. Nagle, former head of Schuylkill Products, was convicted on 26 of 30 counts in a federal indictment.
By Ron Gallagher • April 6, 2012 -
Construction Employment Fell from Feb. to March, but Is Up From 2010
Federal numbers show the construction unemployment rate is about steady month-to-month, but has decreased from a year ago.
By Ron Gallagher • April 6, 2012 -
Perkins Eastman Unveils Qatar Mixed-Use Sports Complex
The complex in Doha includes a 10-000-seat football stadium that's slated to be done by August.
By Ron Gallagher • April 6, 2012 -
Non-Union Shops Celebrate Appeals Court Victory in Georgia
A federal appeals court ruling went for a contractor and against the Carpenters union.
By Ron Gallagher • April 6, 2012 -
Deutsche Bank Study: Home-Owning Is 15% Cheaper Than Renting
It's a change. In the past, renting had consistently been about 10 percent cheaper than buying.
By Ron Gallagher • April 5, 2012 -
Macquarie Plans $2B for U.S., Canadian Infrastructure
The Australian bank is the world's largest investor in infrastructure assets.
By Ron Gallagher • April 5, 2012 -
Realted, Shoma Buy Site for Miami-Area Mixed-Use Development
Developers and the City of Doral are working on details of what will go where on the 48-acre site.
By Ron Gallagher • April 5, 2012 -
Affordable Housing Goes Green with $12 Million Energy-Efficiency Program
A $2.8 million Housing and Urban Development grant is part of $12 million in start-up funding.
By Ron Gallagher • April 5, 2012 -
Education Construction: Heating Up or Cooling Off?
It depends on where you look. The value of Rhode Island projects fell 81% and the value of North Dakota's rose 90% from 2010.
By Ron Gallagher • April 5, 2012 -
Deutsche, Guggenheim, Near $2B Asset Management Deal?
News reports have the German firm ready to sell the business, but the official word is that talks are still going on.
By Ron Gallagher • April 5, 2012 -
In First 'CPE 100' Executive Survey, Washington Gridlock Spoils the Party
As Commercial Property Executive its inaugural poll of 100 leaders in the business, their Washington worries were apparent.
By Ron Gallagher • April 5, 2012 -
Urban Office Leasing Is Tied to Retail
If you build a store downstairs, they will come for the offices upstairs
By Ron Gallagher • April 5, 2012 -
Office Vacancies Decline Slightly
Economic caution kept employers from adding a lot of space.
By Ron Gallagher • April 5, 2012 -
Three-Month Highway-Transit Extension Signed Into Law
The 90-day stopgap is the ninth since Sept. 30, 2009, when the last multiyear authorization lapsed.
By Ron Gallagher • April 4, 2012