Mixed-use
RIDA Development Buys Orlando Site
May 5, 2008

RIDA Development Corp. has acquired the 5.62-acre downtown Plaza site at 400 N. Orange Avenue, a city block bordered by Orange Avenue, Amelia Street, Livingston Street and the Linx bus station at the I-4 Amelia St. Exit in Orlando, Fla. The seller was Downtown Plaza L.L.C. The acquisition brings the company’s investments in Central Florida up approaching $1 billion.  RIDA Development plans to invest up to $250 million to develop a mixed-use hotel, retail and office project on the site.

 
Recent Mixed-Use Headlines
Colonial Properties Sells M-F Asset for $58M
Oct. 03, 2008
Colonial Properties Trust has announced that it has completed the sale of Colonial Grand at Hunter’s Creek, a 496-unit apartment community located in Orlando, Fla. The asset went for $57.7 million in net proceeds, which represents a capitalization rate of 6.3 percent.
Bozzuto Finds $75M for Baltimore Mixed-Use Project
Oct. 02, 2008
The Bozzuto Group has secured a $75 million construction-financing package and begun work on The Fitzgerald at UB Midtown, a mixed-use community going up on 4.6 acres owned by the University of Baltimore in the heart of Baltimore’s cultural district.
Shanghai Mixed-Use Tower Breaks Ground
Sept. 29, 2008
Skidmore, Owings & Merill L.L.P. have announced the groundbreaking for the White Magnolia Plaza in Shanghai. Skidmore, Owings & Merrill and their partner in the project, Shanghai Jinjang North Bund Realty Co. began construction on Sept. 26, having just recently received authorization for the plans from the Shanghai City Planning Administrative Bureau.
Newly Created Hill Entity Buys 2.2 MSF Philly Mixed-Use Project
Sept. 26, 2008
Marlton, N.J.-based construction manager Hill International has created Hill International Real Estate Partners L.P., a real estate development services firm that will serve the commercial and hospitality industries across the Mid-Atlantic and Northeast. The newly formed entity has already made a grand move--the firm just acquired developer Walnut Street Capital's interests in the 2.2 million-square-foot American Commerce Center project in Philadelphia.
transbay Hines Proposes $235M for Transbay Tower Parcel in San Francisco
Sept. 25, 2008
Real estate firm Hines and equity partner MetLife Real Estate Investments have settled on terms with the Transbay Joint Powers Authority for an Exclusive Negotiations Agreement for Transbay Tower, a 1.6 million-square-foot office high-rise Hines plans to develop in San Francisco.
 

 

REal Talk with Adam Perrotta-Monday
October 06, 2008
By Adam Perrotta, News Writer --If it's true that misery loves company, the struggling American financial sector can at least take some solace in the fact that Europe is not immune to difficulties of its own, such as the struggles...

Financial Markets Update: Over the Weekend
October 06, 2008
By Dees Stribling, Contributing Editor -- It might have been a weekend, but there's no rest for attorneys. At least not those involved in the Wachovia-Citigroup-Wells Fargo dispute. A judge has granted Citi an injunction blocking further Wachovia-Wells Fargo negotiations...

Casino Hotels Feel the Pinch from the Economic Slowdown
October 06, 2008
By Eugene Gilligan, Senior Editor -- Lower airline capacity, tighter credit markets and the general economic downturn now gripping the U.S. have taken a deep toll on casino hotels. A sector that was enjoying positive times as recently as 2007...

Manhattan Office Market Reaches Uncharted Waters
October 06, 2008
By Paul Rosta, Senior Associate Editor -- The flagship of the United States office investment and leasing market, Manhattan is now also at the heart of the financial crisis. The stunning events of recent weeks point to a new era...

Q&A: Trikona's Kalra Says Not Impacted by Down Cycle in India
October 06, 2008
By Barbra Murray, Contributing Editor -- While it is anticipated that it will be short-lived, India is currently facing a cyclical downturn in its economy, according to a recent report by real estate services firm Cushman & Wakefield Inc. However,...

Management Matters with Mike Myatt: Partisan Politics Not Always Bad
October 03, 2008
The truth about partisan politics is that contrary to public opinion, it's not always a bad thing. Likewise, bipartisan efforts don't always reflect altruistic behavior and selfless acts. From my perspective, it isn't necessarily the stance you take, but rather...

Management Matters with Mike Myatt: Facing Up to Rogue CEOs
September 26, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms....

When to Consider Corporate Restructuring
September 19, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Times are tough, and they're likely to get tougher, so my question is this; Should you, or should you not, consider a move toward corporate re-engineering? Whether directly or indirectly, your business will...

Expectation Alignment Key to 'Promise Management'
September 05, 2008
by Mike Myatt, Chief Strategy Officer, N2growth --The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the...

It's All In The Message
August 29, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Top CEOs understand the power, influence, and leverage created by great messaging. Do you ever find yourself sitting back and marveling at those chief executives who always seem to have the right thing...