Blog Archives

Hurricane Michael Imperiled More Than $25 Billion in Florida Commercial Property

The commercial property in the area struck by Hurricane Michael spans the Florida panhandle along the Gulf of Mexico. Hurricane Michael smashed into beach resorts, shopping centers, apartments and office buildings with 155-mile-per-hour winds and rising seas, threatening more than $ 25 billion in commercial property along the Florida Panhandle. Tampa/St. Petersburg Commercial Real Estate […]

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McDonald’s Outlines $6 Billion National Plan to Build, Renovate Restaurants

By: Paul Owers and Linda Moss McDonald’s Corp. is using its substantial real estate holdings across the United States to fend off competitors eating into its bottom line. The fast-food chain is outlining its spending plans Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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Starlight Commences $1.3 Billion U.S. Multifamily Acquisition Program

Toronto-based Starlight Investments has formed an institutional partnership with Canada’s Public Sector Pension Investment Board and the Alberta Investment Management Corp. (AIMCo) to acquire up to $ 1.3 billion of multifamily properties across the southern and western regions of the U.S. “We are entering into this newly formed partnership with great excitement and expectations,” said […]

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Nearly a Dozen States Compete for Planned $1.6 Billion Toyota-Mazda Assembly Plant

Elected officials and business recruiters in at least 11 Midwestern and southern states are wooing Japanese automakers Toyota Motor Corp. and Mazda Motor Corp., which announced a joint venture to build a $ 1.6 billion U.S. factory to produce Toyota Corollas and cross-over models that Mazda plans to introduce to the North American market. Pending […]

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Starlight Gets Backing from Institutional Investors to Acquire $1.3 Billion of Multifamily Properties

Starlight Investments, a Toronto-based privately held real estate investment and asset management firm, said it has formed a new partnership with a pair of undisclosed institutional investors to acquire $ 1.3 billion of recently constructed, class A, garden-style multifamily properties in Atlanta, Austin, Dallas, Denver, Orlando, Phoenix and Tampa. Starlight said the new partnership will […]

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