Archive for October, 2009

Healthcare: Hutchinson Metro Center Announces Over 50,000 SF in New Leases for Medical Space at Bronx Complex

Posted 10.05.2009 | Categories: Medical Office/Healthcare | No Comments

With Over 200,000 SF in Total Medical Space Leased, 42-Acre Campus is Becoming THE Location for Medical Practices in the NY Metro Area
(Press Release) BRONX, NY – Building on its reputation as THE location for medical practices in the New York Metro Area, the Hutchinson Metro Center has announced 51,000 square feet of new leases [...]

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Student Housing: A Tower of Strength

Student Housing: A Tower of Strength

Posted 10.02.2009 | Categories: Featured, Student Housing | 3 Comments

By Oliver Swan
The credit markets remain frozen. Real Estate Econometrics (REE) estimates that 2.88% of CRE loans were in default in the Q2 09, up 63bps from the first quarter. REE further estimates that the CRE default rate will exceed 5% in 2010 and expects maturities to peak at $1.6 billion in 2012.
Does [...]

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Fractional: Private residence memberships launched at North Carolina resort

Posted 10.01.2009 | Categories: Hospitality/Fractional Ownership | No Comments

Catatoga, a 308-acre resort community near Lake Toxaway in North Carolina, has launched private equity residence club memberships.
The Residence Club at Catatoga offers one-eighth deeded interests in either a single-family residence on a private wooded home site or the Lake Lodge overlooking 22-acre Lake Catatoga. Both properties include full access to Catatoga Club’s extensive amenities [...]

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Healthcare: 2 Prime Medical Centers Sold in Houston and Memphis for Total $5.3M

Healthcare: 2 Prime Medical Centers Sold in Houston and Memphis for Total $5.3M

Posted 10.01.2009 | Categories: Medical Office/Healthcare | No Comments

Medical office properties with long-lease-term tenants continue to be in demand by savvy investors like Broadstone Net Lease Inc. of Rochester, NY.
The company purchased structures in Memphis, TN and Houston, TX for a total $5.3 million. The DSI Renal Care office in Memphis was acquired for $3.3 million.
The International EyeCare Laser Center in Houston carried [...]

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Senior Housing: Air Force Village is planning $145 million expansion

Senior Housing: Air Force Village is planning $145 million expansion

Posted 10.01.2009 | Categories: Senior Housing/Assisted Living | No Comments

Air Force Village, a retirement community near Lackland Air Force Base for military officers and their spouses, will release details on new $145 million expansion project next month.
On Oct. 15, Air Force Village will break ground on The Hill Residences and The Mission.
The Hill Residences will involve the development of 36 apartments specially designated for [...]

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Data Center: Lee Technologies wins $7M contract

Data Center: Lee Technologies wins $7M contract

Posted 10.01.2009 | Categories: Data Centers | No Comments

Lee Technologies has won a $7 million contract for data center expansion and re-design services from Hosted Solutions.
Under the contract, Fairfax-based Lee Technologies will manage and execute the build out of a data center at Hosted Solutions’ Charlotte, N.C., facility.
The first re-design phase of the project has already freed up an additional 400 to 500 [...]

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Healthcare: Roberts Commerical Real Estate Services Purchases Johns Creek Medical Office Park in Johns Creek, Georgia; Plans on Additional Acquisitions

Posted 10.01.2009 | Categories: Medical Office/Healthcare | No Comments

Roberts Commercial Real Estate Services, a full service Commercial Real Estate Firm who for more than 20 years has delivered Brokerage, Property Management and Development Strategies to clients in the Metropolitan Atlanta and throughout the Southeast is pleased to announce the purchase of the Johns Creek Medical Office Park on September 11, 2009. The project [...]

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