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November 15, 2024 | By Andy PetersShriners hospital for children in Texas adds residential units for families

Pediatric hospitals across US are expanding, renovating facilities

Shriners Hospitals for Children opened a 40-unit housing facility in Galveston, Texas, for family members of children receiving specialty care at the nonprofit group's pediatric ho...

November 15, 2024 | BY ANDY PETERS
November 12, 2024 | By Jonathan LehrfeldAstraZeneca plans $3.5 billion expansion of research, manufacturing operations across US

Big pharma firm looks for $2 billion in new investment from coast to coast

AstraZeneca plans to invest $3.5 billion by the end of 2026 to expand its research and manufacturing operations across the United States.

November 12, 2024 | BY JONATHAN LEHRFELD
November 12, 2024 | By Lou HirshTranswestern boosts sustainability business; CBRE seeks to grow Atlanta occupier services; Berkadia focuses on Denver investment sales

New hires, promotions and other personnel changes

Transwestern boosts sustainability offerings

November 12, 2024 | BY LOU HIRSH
November 10, 2024 | By Andy PetersSyracuse, New York, readies for 'hurricane' of growth after decades of doldrums

Micron Technology's $100 billion plant, state's $2.25 billion freeway demolition could transform city

Once a vibrant manufacturing center, Syracuse for years has been plotting its revival after several big factories closed. The state is tearing down an elevated highway that divided...

November 10, 2024 | BY ANDY PETERS
November 8, 2024 | By Joshua S. AndinoSkanska to build $435 million hospital, medical office building in Fort Myers, Florida

New hospital to replace aging facility from Lee Health

Skanska, the global developer and contractor based in Stockholm, Sweden, has won a $435 million contract to build a new hospital and medical office building for Lee Health in Fort ...

November 8, 2024 | BY JOSHUA S. ANDINO
November 8, 2024 | By Luc-Étienne Rouillard LafondWhen it comes to AI, French real estate players get ready for action

Fast-moving artificial technology holds promises for the profession if embraced

Some analysts call artificial intelligence the fifth industrial revolution, others classify it as a technological disruption on a par with the invention of the printing press. Made...

November 8, 2024 | BY LUC-ÉTIENNE ROUILLARD LAFOND
November 5, 2024 | By Luc-Étienne Rouillard LafondEuropean real estate professionals cautiously optimistic for 2025

Half of respondents to 'Emerging Trends in Real Estate Europe 2025' survey anticipate an improvement in the market

The 1,143 real estate professionals consulted by Urban Land Institute and PwC for their study 'Emerging Trends in Real Estate Europe 2025' are cautiously optimistic, partly reassur...

November 5, 2024 | BY LUC-ÉTIENNE ROUILLARD LAFOND
October 29, 2024 | By Tony WilbertStruggling life science market hitting bottom, JLL Americas head says

Demand poised to return in sector with 30% availability, according to Travis McCready

The U.S. life science property market appears poised to rebound, according to the executive who runs the practice at brokerage JLL.

October 29, 2024 | BY TONY WILBERT
October 23, 2024 | By Lou HirshBiotech landlords turn to higher end real estate as life science demand wanes

Tenant retention more important as vacancies climb across the country

Owners of biotechnology property are focusing on higher end real estate to increase their chances of signing life science companies to leases during a time of weakened demand for t...

October 23, 2024 | BY LOU HIRSH
October 18, 2024 | By Andy PetersConstruction starts on medical clinic, basketball practice facility in downtown Cleveland

Bedrock Real Estate, Cleveland Clinic, Cleveland Cavaliers partner on riverfront development project

Construction began this week on a Cleveland Clinic sports medicine facility, the first major component of Bedrock Real Estate's $3.5 billion development project along the Cuyahoga ...

October 18, 2024 | BY ANDY PETERS
October 18, 2024 | By Paul OwersCBRE expands in life science, Berkadia bolsters hotel services and Transwestern invests in healthcare

New hires, promotions and other personnel changes

CBRE appoints vice chairs in San Francisco Bay area

October 18, 2024 | BY PAUL OWERS
October 16, 2024 | By Randyl DrummerHines looks to step up its focus on tenant satisfaction in North America

Developer hires former Ivanhoé Cambridge executive Jonathan Pearce to lead leasing, tenant engagement

Jonathan Pearce has joined Hines as senior managing director, tasked with leading the global real estate investment firm’s leasing and tenant engagement strategies across Canada, w...

October 16, 2024 | BY RANDYL DRUMMER
October 15, 2024 | By Linda MossWalgreens to shut 1,200 stores as it joins other pharmacy chains slashing their footprints

Global drugstore behemoth to close initial 500 locations in fiscal 2025, weighs future of VillageMD

Pharmacy giant Walgreens Boots Alliance plans to close roughly about 1,200 underperforming U.S. stores, including around 500 over the next year, as it joins other drug store chains...

October 15, 2024 | BY LINDA MOSS
October 10, 2024 | By Mark HeschmeyerStrategic Hotels lands year’s largest hotel refinancing; Partners complete $630 million healthcare offering; Office loan delinquency persists

A weekly look at the commercial mortgage-backed securities business

Strategic Hotels lands year’s largest hotel refinancing: The China-backed owner of a luxury U.S. hotel company has wrapped up a $1.58 billion securitized loan refinancing on nine o...

October 10, 2024 | BY MARK HESCHMEYER
October 8, 2024 | By David HoltzmanJLL adds healthcare broker in Detroit; Adirondack names new partner; Bell Partners promotes senior leader

New hires, promotions and other personnel changes

JLL adds healthcare broker in Detroit

October 8, 2024 | BY DAVID HOLTZMAN
October 4, 2024 | By Luc-Étienne Rouillard LafondPatrizia begins its rise to power

German asset management company targets €100 billion in assets under management by 2030

" Patrizia will celebrate its 40th anniversary in 2024," says Mahdi Mokrane, newly appointed Co-Head of Fund Management and Head of Real Estate Fund Management, who sees the period...

October 4, 2024 | BY LUC-ÉTIENNE ROUILLARD LAFOND
October 2, 2024 | By Mehdi TouaziGoldman Sachs Alternatives invests €120 million in Aréfim real estate company

French real estate company creates new-generation business campuses

120 million euros. This is the amount Goldman Sachs Alternatives' real estate division has just invested in Aréfim, a French real estate company creating new-generation business ca...

October 2, 2024 | BY MEHDI TOUAZI
October 1, 2024 | By Randyl DrummerSenior housing project starts near Seattle as industry demand hits record high

US senior housing occupancy tops 87% in bright spot for real estate sector

A Washington developer is adding to the robust senior housing pipeline near Seattle as occupancy in the sector reaches a historic high across the country, with developers betting o...

October 1, 2024 | BY RANDYL DRUMMER
October 1, 2024 | By Joshua S. AndinoDycal Properties finances South Florida medical office center

Cushman & Wakefield arranges loan for Pembroke Pines Professional Center

Dycal Properties has received a $7 million loan from Lake Michigan Credit Union to help improve the cash flow at Pembroke Pines Professional Center in South Florida.

October 1, 2024 | BY JOSHUA S. ANDINO
September 26, 2024 | By Randyl DrummerRegional dialysis provider to open $57 million flagship clinic in Seattle

Northwest Kidney Centers consolidates three downtown clinics at new hub in Yesler Terrace

A nonprofit firm billed as the world's first outpatient kidney dialysis provider is set to open a flagship clinic in downtown Seattle's Yesler Terrace neighborhood.

September 26, 2024 | BY RANDYL DRUMMER
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