The U.S. retail market has undergone a sea change not experienced in this country since the early 1980s, according to the bi-annual Retail Real Estate Report issued today by Colliers International, a leading global real estate services firm. Due to recessionary conditions, retail real estate will be significantly afflicted for the remainder of this year and well into 2009, according to Colliers. Several reasons drive this monumental slowdown in retail...
Last month, Mountain Architects and PrecisionCraft announced the release of a new design series, Rustic Luxury™ Log Cabins & Plans, an exclusive collection featuring unique cabin designs complete with luxurious finishes. With a four-month endeavor ahead of them, Mountain Architects didn’t skip a beat after releasing its first design in this new, distinctive cabin series. Rather, they turned their collective attention to brainstorming and...
One of the most popular ski and snowboard resorts in North America, Breckenridge Resort, Colo., is unveiling a new base village area this winter that features luxurious ski-in, ski-out accommodations and skier services. The Crystal Peak Lodge, opening today, is the centerpiece of Breckenridge Ski Resort’s new Peak 7 base village, which features a Mediterranean-themed dining experience at Sevens restaurant, a ski and ride school, a rental and...
Last month, Mountain Architects and PrecisionCraft announced the release of a new design series, Rustic Luxury™ Log Cabins & Plans, an exclusive collection featuring unique cabin designs complete with luxurious finishes. With a four-month endeavor ahead of them, Mountain Architects didn’t skip a beat after releasing its first design in this new, distinctive cabin series. Rather, they turned their collective attention to brainstorming and...
SCI Real Estate Investments, LLC has announced the acquisition of Kings Cove, a 192-unit luxury apartment-home community in Kingwood, Texas, from Houston-based developer, Dinerstein Companies for tenant-in-common investing. Kings Cove serves as an example of SCI’s smart investment strategy of purchasing institutional-quality apartment communities in growing metropolitan areas, such as Houston and Dallas. Future acquisitions of Class-A multifamily...
The holiday season from November through January is often considered the worst time to put a home on the market. While the thought of selling your home during the winter months may dampen your holiday spirit, the season does have its advantages: holiday buyers tend to be more serious, and competition is less fierce with fewer homes being actively marketed. First, decide if you really need to sell. Once you’ve committed to the challenge, don...
Research and Markets (http://www.researchandmarkets.com/research/d9af81/the_hidden_corners) has announced the addition of the “THE HIDDEN CORNERS: Mumbai’s New Development Destinations” report to their offering. Mumbai, the land of opportunity for the teeming millions of India, has absorbed the migrant population for long and is now bursting at its seams. The overflow of population has spilled on to the hidden corners of Mumbai....
Prime Group Realty Trust Chicago-based real estate investment trust (REIT), announced today that the premier, Class A, 975,000 square-foot Continental Towers office complex in Rolling Meadows, IL, controlled and managed by Prime Group Realty Trust, was recently named “The Outstanding Building of the Year” (TOBY) for the Chicago Suburban market by the Building Owners and Managers Association (BOMA) of Suburban Chicago. This is the fourth time in...
As holiday season kicks into full swing, family and friends will gather in kitchens across the country to enjoy their favorite holiday treats. But some uninvited guests may also come to the table this year. The National Pest Management Association (NPMA) encourages homeowners to thoroughly inspect their kitchens and pantries to avoid pantry pests from spoiling their holiday cheer— or at least their baked goods. “Pantry pests” are insects known...
Cascadia Investments, Inc. announced today that the company, as stated in previous releases, is currently in the process of strategically positioning the company to take advantage of the impending market bottom and the resulting opportunities. Several targeted acquisitions are currently being assessed and Cascadia is positioning itself to reap the benefits by increasing assets at advantageous prices. This year, foreclosure rates are up 82.6% year-to-date...