Monthly Archives: May 2011

U.S. Apartment Market Continues Strong Recovery in 2011

By Michael Gerrity, World Property Channel on May 5, 2011 1:17 PM Mark Obrinsky According to the National Multi Housing Council’s (NMHC) latest Quarterly Survey of Apartment Market Conditions, the U.S. apartment industry’s recovery continues briskly. The Market Tightness Index, … Continue reading

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U.S. Industrial Market Strengthening in 2011, Commercial Leasing Activity Up 12.5%

By Michael Gerrity, World Property Channel on May 5, 2011 10:31 AM Jim Dieter Based on Cushman & Wakefield’s first quarter 2011 statistics for the U.S. industrial market, continued momentum towards recovery is still in play with leasing activity increasing … Continue reading

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Commercial Multifamily Loan Originations Spike 89% Year-over-Year in Q-1, Says MBA

By Michael Gerrity, World Property Channel on May 5, 2011 9:19 AM According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, first quarter 2011 commercial and multifamily mortgage originations were 89 percent higher than during … Continue reading

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Wells Fargo Tops List of 2010′s Largest Multifamily Lenders

By Michael Gerrity, World Property Channel on May 3, 2011 2:04 PM According to a new report by Fannie Mae (OTC:FNMA), 2010′s top ten multifamily lender partners produced the highest multifamily loan volumes by contributing at least $870 million each. … Continue reading

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Yas Island, Abu Dhabi’s Mixed Use Mega-Project Continues Expansion Plans

By Michael Gerrity, World Property Channel on May 2, 2011 12:22 PM Yas Hotel, Yas Marina Aldar, one of Abu Dhabi’s top real estate development companies is set to bring Yas Island, Abu Dhabi’s major destination for business and leisure … Continue reading

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SL Green Acquires Full Ownership of Iconic Times Square Building, Deal Valued at $1.2 Billion

By Michael Gerrity, World Property Channel on April 28, 2011 2:57 PM 1515 Broadway Exterior SL Green Realty Corp. (NYSE: SLG) today announced it has acquired SITQ’s entire interest in 1515 Broadway, thereby consolidating full ownership of the building. The … Continue reading

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New Mall Construction Wave Hits Metro DC Counties

By Alex Finkelstein, World Property Channel on April 28, 2011 12:42 PM Evan Goldman Encouraged by increased mall pedestrian traffic in the metro Washington, DC market, Federal Realty Investment Trust of Rockville, MD is going ahead with plans to redevelop … Continue reading

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Mumbai Office Market Slows in Q-1 as Corporate Tenants Review Annual Budgets

By Michael Gerrity, World Property Channel on April 28, 2011 8:30 AM Abhishek Kiran Gupta Based on a new report by global real estate firm Jones Lang LaSalle, Mumbai’s commercial office markets moderated slightly in the first quarter of 2011. … Continue reading

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350,000-Square-Foot Shopping Center Planned in Boston Suburb

By Alex Finkelstein, World Property Channel on April 27, 2011 9:00 AM Construction of new shopping centers is back in vogue. WS Development of Chestnut Hill, MA and New York City-based Olympic Realty & Development Corp. announced they have closed … Continue reading

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Data Center Construction Revolution on the Way; Driven by Cloud Computing Explosion

By Alex Finkelstein, World Property Channel on April 27, 2011 8:00 AM Rick Einhorn It was bound to happen — a faster, cheaper way to build $100 million data centers. It’s happening right now. Hewlett-Packard Co., Dell Inc. Sun Microsystems … Continue reading

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