As expected, Chinese investors have been pouring money into U.S. properties in recent weeks. The announcement of the latest transaction came on Friday, when Commercial Observer reported that the Bank of China invested $120 million in a $220 million refinancing of a warehouse facility at 1000 West Fulton Market in Chicago that will be converted to office use to house Google.
Property owner determines that an online auction on Freedom Realty Exchange (FRE.com) presents the best opportunity for a buyer from anywhere in the world to purchase the building
As a flurry of development projects sweep through the downtown district of Dallas, the urban core of one of the state’s biggest cities is finally receiving its due. Many of those projects are focused on redevelopment rather than new development, thus paving the way for the downtown area’s transformation. Stretching between Pacific Avenue and Commerce, Elm and Main streets, the downtown district is now witnessing near historic sales volumes.
The nation's largest banks have attacked their delinquent loan portfolios with gusto, but they may hit barriers in 2015 as they try to further whittle down their distressed assets.
According to a report recently released by the Urban Land Institute and Price Waterhouse Cooper, Houston leads the country in terms of markets to watch for the coming year
Vacant industrial/manufacturing building available at a starting bid of less than $2.55 p/sf
Foreign institutional investors are spending heavily on U.S. assets this year, revealed JLL’s global capital markets experts at the Urban Land Institute’s (ULI) fall meeting, currently underway at New York’s Javits Center.
In a sleek black display room in downtown Melbourne, Adrian Sum is getting ready to launch construction of his first joint venture Australian apartment project.
Real estate executives are following higher yields to tertiary markets and class-B and class-C properties.
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