HFF Arranges $90 Million Construction Loan for Archstone Avenir in Boston

The Boston and Dallas offices of HFF (Holliday Fenoglio Fowler, L.P.) announced that they arranged a $90 million construction loan for the development of Archstone Avenir, a 241-unit multifamily community in Boston, Massachusetts. HFF executive managing director Jody Thornton, director Anthony Cutone and associate director John Ahmed worked exclusively on behalf of Archstone to secure the 36-month construction loan through NEBF Investments (National... 

Texas Realty Prices Double in a Decade, According to David Lewis, Founder of Lewis Realty Advisors

The last 10 years have been a decade of growth and significant realty value increases in Texas with many properties more than doubling in value, according to Lewis Realty Advisors, one of the oldest and most respected Texas-based real estate valuation and consulting firms. Job growth and the strength of the state’s economy boosted demand — and the prices — for office space, retail centers, manufacturing buildings and residential properties... 

General Growth Repays $391 Million of Mortgage Loans

General Growth Properties, Inc. announced that it repaid $391 million of near term maturity mortgage loans, following another closing with respect to the staged funding of its $1.75 billion secured loan facility today. This brings the total loan facility amount currently outstanding to $1.41 billion. All remaining seven properties were added to the collateral pool which now completes the 24 property collection of assets. The company plans to add additional... 

Hill International Receives Contract to Manage Mixed-Use Development in Trinidad

Hill International, the global leader in managing construction risk, announced today that it has received a contract from the Trinidad and Tobago Housing Development Corp. to manage design and construction of the South Quay phase of the Eastbridge mixed-use development in Port of Spain, Trinidad. The Eastbridge development will comprise over 400 residential units, retail and commercial space, and related parking. The first phase of the project, South... 

Cooper Lighting Introduces Halo® LED Recessed Lighting

Cooper Lighting, a division of Cooper Industries, Ltd. announces the addition of LED recessed lighting to its Halo downlighting product line. Designed for new construction and existing applications, the LED recessed lighting features a Halo LED module that installs into a new construction housing or into existing Halo and All-Pro housings. The new Halo LED downlight offers the benefits of energy savings, long life, improved quality of light, reduced... 

Green Depot Opens Showroom on Long Island

Green Depot, the Brooklyn-based supplier of environmentally friendly and sustainable building products, services and solutions, is opening its newest showroom space on August 28 in Greenport, N.Y., on the North Fork of Long Island. The store, Green Depot’s fifth on the East Coast, second in New York and first on Long Island is located near the northeastern tip at 67380 Main Rd./CR-48 in Greenport. Green Depot showcases the very best of green building... 

PGT Introduces New Storefront Product Line for the Commercial and Residential High Rise Markets

PGT Industries, a wholly owned subsidiary of PGT, Inc., announced today the introduction of three new impact-resistant door and window products for its Architectural Systems product line. Designed for commercial and residential high rise applications, these include the new Storefront 3500 Series, consisting of a commercial Storefront Entrance Door (ST3550) and a Storefront Window Wall System (WS3500). A Terrace Door (TER3050) is being added to the... 

A&B Properties Sells Texas Shopping Center

A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc., has sold Boardwalk Shopping Center – a 184,600 square-foot retail center on 21 acres in Round Rock, Texas – to affiliates of Gemini Real Estate Advisors, LLC. The transaction closed August 21st. A&B Properties will invest a portion of the proceeds in a previously acquired logistics warehouse facility in Savannah, Georgia, with the balance to be reinvested... 

America’s 5,000 Fastest-Growing Private Companies Revealed

Inc. today ranked Heartland Retail Construction No. 827 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy — America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy. “Our second annual Inc. 5000 continues the most ambitious project in business journalism,”... 

BlackEagle Partners Acquires InStar Services Group

BlackEagle Partners, LLC, a Michigan-based special situations private equity firm, acquired InStar Services Group, LP, a non-core division of The ServiceMaster Company, a portfolio company of private equity firm Clayton, Dubilier, & Rice, Inc. Based in Fort Worth, Texas, InStar is a leading national provider of disaster response, insurance restoration and reconstruction services operating from 14 branches throughout the East Coast, the Southeast...