CONSTRUCTION EMPLOYMENT INCREASES IN 43 STATES IN LAST 12 MONTHS; FIVE STATES HIT RECORD HIGHS AS SOLID DEMAND, MILD WINTER BOOST TOTALS

Forty-three states added construction jobs between February 2016 and February 2017 while 39 states added construction jobs between January and February, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials noted that the despite the relatively widespread increase in construction employment, most states are still…

Details

Walker & Dunlop’s Team of Harrington and Steffen Close Over $500 Million in Financing During 2016

Bethesda, Maryland – March 23, 2017 – Walker & Dunlop, Inc. (NYSE: WD) announced today that its Phoenix, Arizona-based team comprised of Brandon Harrington, managing director, and Matt Steffen, senior vice president, closed or rate-locked 48 loans totaling over $500 million in 2016. Harrington and Steffen are one of the elite commercial real estate finance…

Details

Recent transactions by NAI Horizon

Sale Transactions: Barbara Lloyd and Lane Neville negotiated the sale of a 103,672 SF office property, representing the buyer, Bogle Family Realty, LLLP, for $11.4 million. The property is located at 7227 N. 16th Street, Phoenix, AZ. Eric Wichterman and Mike Coover of Cushman & Wakefield represented the seller, Burton Family Foundation. Rick Foss negotiated…

Details

Houston-based firm named nation’s safest construction in 2016

W.S. Bellows Construction Corp. of Houston, Texas was named the nation’s safest construction company in 2016 by the Associated General Contractors of America. The association, which oversees the Willis Towers Watson Construction Safety Excellence Awards, an annual ranking of construction safety programs, noted that 51 other companies were selected as winners for the quality of…

Details

Daum Phoenix Promotes Top Brokers

Daum Commercial Real Estate Services of Phoenix has promoted top brokers Chris Rogers and Trevor McKendry to vice president and associate vice president, respectively. Rogers and McKendry, both highly accomplished industrial investment professionals, had an outstanding year in 2016, assisting in the transaction of a $7 million, 22-acre industrial land purchase and a $3.57 million…

Details

Sam Fox Expands Corporate Office

Since 2012, Sam Fox’s corporate headquarters for Fox Restaurant Concepts has sat above The Henry, one of his signature restaurants, in a multi-tenant office complex called The Park located at 4455 East Camelback Road in Phoenix, AZ. Recently, Fox announced the expansion of their corporate offices at The Park. Fox Restaurant Concepts and True Foods…

Details

NAI Horizon hires Michael Gaida to bolster business brokerage efforts

NAI Horizon is pleased to announce that Michael Gaida has joined the company as an Associate to help grow and maintain business brokerage initiatives. His primary areas of responsibility will be business brokerage and retail and industrial leasing and brokerage. Past businesses sold have been in the industrial, manufacturing, commercial development, restaurant, and services industries.…

Details