Economy: Page 166
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Skanska Acquires Indiana Firm for $135M
Enhancing its civil business unit, Skanska USA has acquired builder Industrial Contractors Inc., basaed in Evansville, Ind., for $135 million.
Jan. 2, 2012 -
Brandywine Realty Secures $1.2B in Financing
The $600 million credit facility and $600 million in term loans for the Radnor, Pa., company are expected to close on Feb. 1.
Jan. 2, 2012 -
Explore the Trendline➔
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Economy Watch: New Year, Old Edginess in Euro Zone
Jan. 1 was the 10th anniversary of the euro's introduction, but there was little celebration in Europe over the holiday weekend. At home the Dow ended the year up 5.5 percent, and the S&P 500 was practically even.
Jan. 2, 2012 -
A Great Divide: Which Homes Sell
There is still a gap between distressed home sales and existing home sales, the blog Calculated Risk reported, despite the significant downward revisions to existing home sales for the years 2007 through 2010.
Dec. 30, 2011 -
Whitestone REIT Buys Texas' Shops at Starwood
In its second acquisition in December, Whitestone REIT snapped up the Shops at Starwood in Frisco, Texas. The company shelled out $15.7 million in cash for the 55,400-square-foot, suburban Dallas retail center.
Dec. 30, 2011 -
Fox Business Interview: Shiller on the Future for Housing
Robert Shiller says, "The worry is that this down trend could continue for years more."
Dec. 30, 2011 -
10 Innovators Who Find New Ways to Make, Sell Homes
Firms and individuals are finding ways to make the market work with high-performance building.
Dec. 30, 2011 -
Hope for Housing Market on the (Distant) Horizon
A survey by Zillow forecasts that housing prices will begin to rise – in 2013 or beyond.
Dec. 29, 2011 -
Cap Market Forecast: Sunny, Clouds Brewing
The CBRE Capital Markets Lender Forum sees plentiful capital for core assets and accelerating deal volume.
Dec. 29, 2011 -
Retrieved from Autodesk on January 31, 2012
CREW-Miami to Focus on Social Media in 2012
CREW-Miami will develop programming to educate commercial real estate professionals on the new technologies.
Dec. 29, 2011 -
Construction Industry Braces as Federal Projects Drop
AGC's analysis puts the decline in federal construction spoending at 6.2 percent.
Dec. 29, 2011 -
Floating on Water Isn’t Easy
Early next year, it's worth determining if you should stay the course or to see if long-term fixed rates should be a play.
Dec. 29, 2011 -
Big Investors See Good Things for Home Builders
An index that watches home builders sees investors bidding up stock prices this quarter.
Dec. 29, 2011 -
Realtors Revised Data, but Do We Really Know About Sales?
Getting a handle on how many homes actually sell is a difficult – perhaps impossible – task.
Dec. 29, 2011 -
China's Construction Industry Continues To Grow
The revenue of the 60 largest contractors reached $405.27 billion in 2010, an increase of 29.5 percent over 2009.
Dec. 28, 2011 -
In the Trenches With BIM
Professional Builder wraps up its three-part series about the ins and outs of building information modeling.
Dec. 28, 2011 -
Kennedy-Wilson Provides $54M Refi for Rental Complex in California
The 400-unit building is one of the largest in Oxnard, Calif., between Los Angeles and Santa Barbara.
Dec. 28, 2011 -
DEAL WRAP: Lucent Provides $23M for Innovative Mixed-Use in NorCal
A lender recognizes value in a business park that provides working space for local craftsmen and produce sellers, in this week's DEAL WRAP from GlobeSt.com.
Dec. 28, 2011 -
CommerCenters Shifts Focus to International Capital Markets
CommerCenters funds will invest in multifamily properties senior housing, assisted living and medical facilities.
Dec. 28, 2011 -
Commercial Owners to Face Higher Rates
Interest rates are at the lowest levels in decades, but commercial property owners looking to refinance shouldn't expect to lock in those rates any longer.
Dec. 27, 2011 -
Group Refocuses Help for Homeless to Doing Energy Retrofits
HomeAid, which built homeless shelters with housing-industry support, has shifted to energy retrofits while markets are sagging.
Dec. 27, 2011 -
Beech Street Arranges $30M for Multifamiliy Refinance
Problem-solving was a key element to the refinancing for the 274-unit Amberway Apartments in Orange County, Calif.
Dec. 27, 2011 -
Case-Schiller Finds Home Prices Lower in October
Prices declined from September to October in 19 of 20 metropolitan areas surveyed by the widely noted Home Price Index.
Dec. 27, 2011 -
Payroll tax cut passes; paid for with bump in Freddie, Fannie fees
Congress passed the much-debated two-month extension of the payroll tax cut just before leaving town for the holiday, and President Obama signed it into law shortly after.
Dec. 27, 2011 -
800 Brickell Office Tower Gets LEED Certification, New Tenants
Stiles' Richard Stein tells GlobSt.com's Jennifer LeClaire it's still a tenants market for larger, multi-floor tenants in Miami.
Dec. 27, 2011