More than 200 results for “US Capital Development”
CRE V Michigan

New life in Detroit: The Scott at Brush Park

| Dan Rafter

The Scott at Brush Park is an important project for downtown Detroit. The $65 million, 200,000-square-foot five-story mixed-use development will bring 199 new apartment units to the city when it opens later this year. For Todd Sachse, chief executive officer and founder of Detroit-based Sachse Construction, the project is yet more proof tha…

CRE X Missouri

Public-private partnerships gain ground as innovative solution for funding real estate development projects

| Staff Writer

Federal, state and local government agencies have significant real estate needs, including the necessity of repairing and replacing aging infrastructure and utilities. But these agencies are finding it increasingly challenging to find the funding to pay for the development of their properties. As a solution, public-private partnerships (P3s…

Multifamily N Illinois

Turning condos into apartments can make good money for developers, investors … if they avoid the pitfalls

| Dan Rafter

David Bloomberg has seen the trend: Developers and investors are eagerly seeking to acquire condo buildings and turn them into apartments. This de-conversion trend is taking hold across the Midwest, and developers and investors stand to earn plenty of dollars from it. But Bloomberg, principal at Chicago law firm Chuhak & Tecson, says that c…

CRE i Ohio

Tax Increment Financing – What you need to know

| Staff Writer

A recent Internal Revenue Service Chief Counsel Advice Memorandum clarified key points on the tax treatment of TIF reimbursements received by a developer in connection with the construction of infrastructure improvements. However, the memorandum leaves several questions unanswered.

Retail c Nebraska

Commercial real estate activity continues to soar in Omaha market

| Dan Rafter

Timothy Kerrigan describes the sales, leasing and new-construction activity in the Omaha market with one word: robust. It's an unusual word for Omaha's CRE market. Kerrigan, a vice president specializing in office, land and investment for Omaha's Investors Realty, said that brokers here have typically used "stable" and "steady" to describe …

Industrial N Illinois

Industrial market continues to shine in Chicago and its suburbs

| Dan Rafter

Illinois Real Estate Journal recently spoke to a pair of veteran Chicago-area industrial pros in Mark Augustyn, co-founder of Rosemont, Illinois-based Principle Construction Corp., and Geoffrey Kasselman, executive managing director and national industrial practice leader with the Chicago office of Newmark Grubb Knight Frank, about the stre…