Economy: Page 149
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Berkadia Closes $46M Loan For Senior Housing
The team completes the loans for Russellville East and West via its proprietary bridge loan program.
By Ron Gallagher • April 24, 2012 -
March Rate for Construction Starts Climbs 23%
A big part of the gain was from work begun on the Vogtle nuclear plant approved for Georgia. Non-utility starts were less exciting.
By Ron Gallagher • April 23, 2012 -
Explore the Trendlineâž”
Permission granted by Associated General Contractors of America
TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
D.R. Horton Sees Huge Profit Gain in Q2 Results
The company's posting for the first three months of 2012 was 46% above the 2011 margin.
By Ron Gallagher • April 23, 2012 -
Vertical Shaft Machine Makes U.S. Debut Near Seattle
Tunneling crews are using innovative technology to dig deeper shafts with greater accuracy in King County, Wash.
By Ron Gallagher • April 23, 2012 -
Realtors: Chicago Most Searched Housing Market Online in March
Chicago remained the housing market most frequently searched online in March, according to new monthly data from the National Association of Realtors.
By Ron Gallagher • April 20, 2012 -
FHFA Speeds Up Short-Sale Process With New Rules
In an attempt to reduce the number of foreclosures nationwide, the Federal Housing Finance Agency introduced new rules for the short sale process.
By Ron Gallagher • April 20, 2012 -
View From N.Y.: Construction Lending Returns to Core Markets
Daniel Hilpert of Mortgage Equicap LLC says he sees improvements happening slowly as the lending picture thaws.
By Ron Gallagher • April 20, 2012 -
U.S. Predicts Construction Job Growth by 2020, but Not Total Recovery
The Bureau of Labor Statistics foresees 33% job growth, but the agency is not predicting a return to the record number of jobs in 2006.
By Ron Gallagher • April 20, 2012 -
New Strategy for FHFA's Running of Fannie, Freddie for Multifamily
Chris Tawa, manager of multifamily housing policy in FHFA's Office of Housing and Regulatory Policy describes plans for a Fannie Mae, Freddie Mac restructuring.
By Ron Gallagher • April 20, 2012 -
Construction Jobs Picture Lacks Cheer in Latest National Figures
Federal figures show more states lost jobs than gained them from February to March, and the comparison to 2011 was not much better.
By Ron Gallagher • April 20, 2012 -
Q&A with Transwestern's Steve Pumper
Pumper, who will moderate the special servicers' panel at the upcoming RealShare Distressed Assets conference on May 4 chats with GlobeSt.com about the role of servicers in the current CRE market.
By Ron Gallagher • April 20, 2012 -
LaSalle's Hotel Palomar Purchase Boosts FFO
CEO Michael D. Barnello says the deal is one of the reasons for its stronger-than-expected Q1 earnings.
By Ron Gallagher • April 19, 2012 -
NAR: March Existing-Home Sales Up 5.2% From 2011
The numbers show buyers are coming back, though buying and building are on separate tracks as foreclosed homes work through the system.
By Ron Gallagher • April 19, 2012 -
LEED 2012 to Include New Credit for Transit-Oriented Development
USGBC says it is "really after helping project teams select locations" with infrastructure benefits.
By Ron Gallagher • April 19, 2012 -
Oklahoma City to Upgrade Water, Wastewater Networks
The city will spend $653 million on capital projects over the next five years.
By Ron Gallagher • April 18, 2012 -
March Housing Starts 10% Above Last Year, Down From February
Data from the Census Bureau blend single-family and multifamily work and got different spins from different observers.
By Ron Gallagher • April 17, 2012 -
Carlyle Group Prices IPO in Amended Prospectus
The company puts its value at $7.6 billion.
By Ron Gallagher • April 17, 2012 -
Index of Builders' Confidence Slips Three Notches
That puts things where they began 2012 as builders fail to see as many contracts as they were expecting by this time.
By Ron Gallagher • April 16, 2012 -
Fitch Expects 10% Rise in Single-Family Starts This Year
The ratings company notes, however, that doing better than 2011 is not a record-setting win.
By Ron Gallagher • April 16, 2012 -
Home Building Numbers Vary, but Remodeling's Rise Goes On
The BuildFax seasonally adjusted index climbed to 2.89 million projects in February.
By Ron Gallagher • April 16, 2012 -
Deals: Cassidy Turley Closes $36M Sale in Phoenix
News about multifamily housing properties from across the nation.
By Ron Gallagher • April 16, 2012 -
Moody's Mulls European Debt Downgrade, Gives Extended Review
Under review are 114 banks in 16 European countries.
By Ron Gallagher • April 16, 2012 -
Waiting for the New Freddie Mac CEO
The worst thing Congress can do is let the GSEs die a death by a thousand cuts, Willy Walker tells GlobeSt.com's Erika Morphy.
By Ron Gallagher • April 16, 2012 -
W.P. Carey Makes Key Promotions
As a means to diversify the company's acquisitions and CPA series, the sale-leaseback leader has promoted Jason Fox and Gino Sabatini as co-heads of global investments.
By Ron Gallagher • April 15, 2012 -
Consumer Sentiment Takes Slight Dip From Year-High
It's not a big drop, but confidence recedes from last month's post-recession high going to 75.7.
By Ron Gallagher • April 13, 2012