General Motors plans to build a new data center in Warren, Michigan, at a cost of $130 million, turning an older building at its technical campus into a modern energy-efficient IT command center.
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As energy costs continue to rise, the Department of Housing and Urban Development is urging for senior housing units to become more energy-efficient.
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The medical office vacancy rate edged up in the first quarter, but remains below the level of empty space a year ago, a brokerage reported.
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As part of its aggressive development strategy, American Campus Communities has begun work on four owned projects with a combined cost of $156.6 million.
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American Realty Capital Healthcare Trust Places Three Healthcare Facilities Under Contract for $46.5 million
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Returns of REITs Owning the Complexes Rise Along With New Projects and Sales; No Longer the ‘Animal House’ Image
Read more →As the investment world scouts for the next real estate success story, senior housing and its related care products will attract substantial interest.
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On Wednesday, during a press conference outside a damage-ridden St. John’s Regional Medical Center, St. John’s president Gary Pulsipher said that the hospital “is here for the long term.”
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NorthMarq Capital’s (NorthMarq) Upstate New York Regional, arranged first mortgage financing of $4.5 million for Watertown Medical Building
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With ridership growing on the Music City Star, a new development could attract more commuters.
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