AUSTIN (Texas Department of Transportation) – The Texas Transportation Commission yesterday approved 22 projects from Proposition 1 funding totaling more than $304 million worth of roadway construction, rehabilitation and restoration for improved safety, mobility and connectivity.
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Atlanta, Los Angeles, Indianapolis, Northern New Jersey, Dallas / Fort Worth, Chicago, Orange County, South Florida, Minneapolis, Phoenix / Tucson, and Boston.
Ackerman & Co. Adds Key Retail Developer to Team
By Max Williams
Hong Kong-based Gemini Investments (Holdings) Ltd and Santa Fe, NM-based Rosemont Realty have formed a joint venture to acquire and manage institutional-quality office properties in top U.S. markets.
The joint venture creates a major national CRE entity, Gemini-Rosemont Realty LLC, which will launch an aggressive three-year, $3 billion acquisition program with a strategy built on Rosemont's success targeting Class A properties in gateway and certain...
Dermody Properties and joint-venture partner Hillwood Investment Properties will develop an 898,560-square-foot logistics facility next to the Cincinnati/Northern Kentucky International Airport (CVG) for e-commerce company Wayfair Inc.
The JV leased the land site from the airport earlier this year for the facility on 52 acres at 1600 Donaldson Road in Erlanger, KY, to be called LogistiCenterSM at 275. The project, Dermody’s third in the Kentucky...
Satisfaction with one's rental experience may be a factor when deciding to buy a home. According to new Freddie Mac research, renters who are most satisfied with their rental experience are more likely to continue renting (68%) than to purchase a home (32%).
And it seems multifamily apartment renters are more satisfied than single-family property renters.
According to new Freddie Mac, 67% of apartment renters report being satisfied compared...
Frisch’s Restaurants Inc. completed a merger with an affiliate of NRD Partners I LP for $174.5 million.
Frisch’s Restaurants, a 121-unit Cincinnati-based brand that operates 121 Big Boy restaurants across Ohio, Kentucky and Indiana.
The buyer is an affiliate of NRD Capital Management in Atlanta.
NRD Capital Partners is the first franchisee-sponsored and managed investment fund focused on investing in - and accelerating the growth of brands...