Economy: Page 167


  • 2012 Forecast: Mostly Sunny

    The blog Calculated Risk compiled 2012 forecasts from some major players in the housing industry.

    Jan. 4, 2012
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    Charles Henricks
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    Gallup: Americans’ Economic Confidence on the Rise

    Economic confidence kept rising last month, hitting its best mark since June.

    Jan. 4, 2012
  • AGC image library construction worker with steel Explore the Trendline
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    Permission granted by Associated General Contractors of America
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • How Overleveraged Ahern Rentals Landed in Bankruptcy

    Ahern is the country’s largest privately held construction-equipment rental company and the seventh largest overall.

    Jan. 4, 2012
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    Charles Henricks
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    Cornell Team Snags $2B High-Tech Project in NYC

    Cornell University and Technion-Israel Institute of Technology proposed an 11-acre, $2 billion-plus campus on Roosevelt Island in the East River.

    Jan. 4, 2012
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    Charles Henricks
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    Rosen Partners, Alfa Group Form JV

    Rosen Partners will partner with the privately owned Russian investment conglomerate to target $100 million plus properties along the East Coast, Rosen Partners' managing director Daniel Rosen tells GlobeSt.com's Carl Gaines.

    Jan. 4, 2012
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    Retrieved from Autodesk on January 31, 2012
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    Siemens Acquires Pace Global Energy Services

    Siemens Industry, Inc. has completed the acquisition of Pace Global Energy Services, LLC in Fairfax, Va.

    Jan. 4, 2012
  • Construction Spending Up in November (Maybe)

    Numbers are up 1.2 percent from October and 0.5 percent from 2010, but sampling error margins are bigger.

    Jan. 4, 2012
  • Vornado Refinances 11 Penn Plaza for $330M

    The 1.1 million-square-foot Manhattan office building received a seven-year loan from HSBC Holdings PLC. Major tenants in the 23-story building include Macy's Corporate and Rainbow Media Holdings Inc.

    Jan. 4, 2012
  • Building and Land Technology Buys a New HQ in Stamford

    Building and Land Technology, one of the largest property owners in Connecticut’s Fairfield County, has acquired 695 E. Main St. in Stamford. The new owners will be renaming the 614,000-square-foot office complex the BLT Financial Center.

    Jan. 4, 2012
  • Economy Watch: Fed to Take Wraps Off Predictions

    The Fed plans to start publishing predictions of board members regarding interest rates. The value of U.S. construction projects edged up 1.2 percent in November.

    Jan. 4, 2012
  • Park Central Hotel in NYC Goes to LaSalle

    Six months after announcing plans to purchase the Park Central Hotel in Midtown Manhattan, LaSalle Hotel Properties has wrapped up the acquisition of the 934-room property in a transaction valued at $396.2 million.

    Jan. 4, 2012
  • People on the Move for Week of Jan. 9

    ENR reports key promotions and new hires at the level of vice president and above in construction, design and finance.

    Jan. 4, 2012
  • Experts: Rating Agencies Need to Be Smarter in Evaluating Investments

    Many industry sources tell GlobeSt.com that improvements are needed, while the agencies say that already is under way.

    Jan. 4, 2012
  • Gilbane Awarded $88M Contract for Ohio Schools Project

    The Ohio School Facilities Commission and Elyria City Schools hired Gilbane to provide construction management services for an $88 million school-construction initiative.

    Jan. 3, 2012
  • Callison Acquires Barteluce Architects & Associates

    The acquisition will grow Callison’s New York team to over 75 architects.

    Jan. 3, 2012
  • AIA's ABI November Index reaches 52.0

    The Architecture Billings Index (ABI) reached its first positive mark since August.

    Jan. 3, 2012
  • Wealth Metrics Drive Spending on Vegas' Strip

    According to CBRE's Las Vegas Strip Gaming Revenue Analysis, despite the volatility of the stock market in recent months, the Vegas Strip is showing year-to-date gains in mass market table games and slots.

    Jan. 3, 2012
  • New Report: 2012 Housing Starts Will Jump

    Metrostudy found that starts will increase nationwide in 2012, the company’s website reported.

    Jan. 3, 2012
  • Home-Price Calendar: 'Happy 2001'

    Standard & Poor's put an inflation filter on Case-Schiller data. We're in 2001.

    Jan. 3, 2012
  • Mortgages Close Year Near Historic Lows

    Both 30-year fixed and 15-year fixed loans closed 2011 well below their 2010 year-end rates.

    Jan. 3, 2012
  • PwC Finds Investors Like the Outlook for Office

    PricewaterhouseCoopers says investors see office properties as a good deal in down times.

    Jan. 3, 2012
  • JLL: Green Now Makes Sense, Can Save Cents

    Dan Probst, Jones Lang LaSalle chairman of energy and sustainability, says green has proven itself.

    Jan. 3, 2012
  • Recurrent Energy Secures Financing for Ontario Solar Projects

    The $250 million in financing is evidence that solar is a mainstream energy source attracting significant investment from established financial partners, says the San Francisco firm.

    Jan. 3, 2012
  • D.C. Faces Stagnation in Leasing

    Don't expect leasing momentum to pick up until after the presidential elections, and then only if a path out of the current logjam becomes clear, Jones Lang LaSalle's Scott Homa tells GlobeSt.com's Erika Morphy.

    Jan. 3, 2012
  • Ill. Tollway Posts Projects Worth $609M for 2012

    Capital projects listed include roadways, bridges and interchanges.

    Jan. 2, 2012