Archive for June, 2009

Healthcare: U.S. Treasury Officials Tour Nation’s Best Tax Credit Financed Project

Posted 06.11.2009 | Categories: Media Production Infrastructure, Medical Office/Healthcare, Senior Housing/Assisted Living | No Comments

Treasury Dept. Director Donna Gambrell Surveys New Orleans’ Second Line Stages Film Studio and Other Notable Redevelopment Projects Funded With Tax Credits From National New Markets Fund
Donna J. Gambrell, Director of the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund, traveled to New Orleans last week for a series of visits to community [...]

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Student Housing: Hospitality Veteran Creates Student Housing Brand

Student Housing: Hospitality Veteran Creates Student Housing Brand

Posted 06.11.2009 | Categories: Student Housing | 1 Comment

Which would you choose – the cramped quarters, thin mattresses and crowded communal bathrooms of dormitory life or a new type of student housing with comfortable couches, a game room, fitness center, Wi-Fi in every room, flat-screen televisions and maybe even a theater?
If you selected the latter, you’re not alone. And colleges and hospitality veterans [...]

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Media Production: Kiplinger’s Ranks Albuquerque a Top City

Media Production: Kiplinger’s Ranks Albuquerque a Top City

Posted 06.11.2009 | Categories: Media Production Infrastructure | No Comments

Thanks to New Mexico’s commitment to creating jobs in the film, computer animation, 3-D, digital media and solar industries, Kiplinger’s Personal Finance magazine ranked the city of Albuquerque No. 2 on its Best Cities 2009 list. The magazine ranked cities on employment in the face of recession and on potential job growth. Much of that [...]

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Senior Housing: Wall Street Not Affecting Mainstreet Property Group

Senior Housing: Wall Street Not Affecting Mainstreet Property Group

Posted 06.10.2009 | Categories: Senior Housing/Assisted Living | No Comments

Group Breaks Ground on Another Senior Care Campus in Lafayette, IN
Commercial construction and development are not a problem at Mainstreet Property Group , despite the turbulent economic conditions affecting other real estate development companies. Trilogy Health Systems is one of the latest recipients of such development services at an estimated $16.6 million in value.
Mainstreet Property [...]

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Student Housing: Regents give green light to Coyote Village student housing

Posted 06.10.2009 | Categories: Student Housing | No Comments

The South Dakota Board of Regents authorized The University of South Dakota Thursday to go ahead with its plans to construct Coyote Village, a new student housing project that will be located south of the DakotaDome.
The new housing, a 550-bed facility designed with qualities shared by modern apartments rather than college dormitories, will sit on [...]

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Healthcare: Part 2 of Healthcare Real Estate Grows Up

Healthcare: Part 2 of Healthcare Real Estate Grows Up

Posted 06.10.2009 | Categories: Featured, Medical Office/Healthcare | 1 Comment

by CJ Follini
“If you don’t like change, you’re going to like irrelevance less. ” – General Eric Shinseki,
Chief of Staff, U.S. Army
Even though myself  and many other healthcare real estate experts expect net operating income (NOI) growth forecasted to remain constant and “in-line” with recent historical results as mentioned in Healthcare Real Estate Grows Up [...]

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Airports: Tiny Iowa airports take off with millions in FAA grants

Airports: Tiny Iowa airports take off with millions in FAA grants

Posted 06.05.2009 | Categories: Private Airport Ownership | No Comments

Dozens of municipal airports in Iowa have received millions of dollars in federal grants for upgrades and repairs, even though most are used primarily by private pilots and businesses, a Des Moines Register analysis has found.
Airports across the state have received more than $76.6 million in airport improvement grants since 2007 — about 42 percent [...]

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Self Storage: A Green Future for Self-Storage: Getting on the Eco-Bandwagon

Self Storage: A Green Future for Self-Storage: Getting on the Eco-Bandwagon

Posted 06.05.2009 | Categories: Self Storage | No Comments

Andree Jansheski was looking for a life-defining moment when she decided to turn Bellam Self Storage & Boxes in Marin Country, Calif., into a certified green business in 2006. She knew that overhauling the facility—built in 1965 and converted to storage in 1982—and its business practices would be a challenge. And costly. But it wasn’t [...]

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Student Housing: NY Fund Gains 112-Unit Asset

Student Housing: NY Fund Gains 112-Unit Asset

Posted 06.05.2009 | Categories: Student Housing | No Comments

AUSTIN, TX-A New York fund buys the 112-unit Duval Villa, ending C/T Duval Villa Ltd.’s 20-year hold on the student housing asset. Rolling Cash Duval Venture LP, which specializes in buying cash-flow real estate, will make a few upgrades on the 1960s property, which serves the University of Texas’ main campus.
Apartment Realty Advisors’ client services [...]

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Student Housing: OSU-Tulsa taking fresh look at campus housing

Student Housing: OSU-Tulsa taking fresh look at campus housing

Posted 06.05.2009 | Categories: Student Housing | No Comments

Oklahoma State University-Tulsa is revisiting the idea of building student housing on its campus north of downtown.
Officials are caught between opposing forces of a rough bond market and the attraction of continuing work to revitalize the downtown area.
Discussions of a request for proposals to build the housing was on a recent agenda of the University [...]

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