MGM National Harbor

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In a 5 to 2 vote, the Maryland Video Lottery Facility Location Commission awarded MGM Resorts International the state’s sixth and final casino license to build a $925 million casino resort at National Harbor in Prince George’s County, MD – about 10 miles from downtown Washington. MGM beat out two Pennsylvania gaming operators for the license: Greenwood Gaming and Entertainment, Inc. had proposed to build Parx Casino Hotel and Spa off of Indian Head Highway and Penn National Gaming proposed to build Hollywood Casino Resort at Rosecroft Raceway.

MGM National Harbor will feature 3,600 slot machines, 140 gaming tables, a 300-room hotel, a theater and spa as well as restaurants and retail.  Third-year gambling revenues are expected to be in excess of $700 million, according to The Washington Post.
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Image: MGM Resorts Intl.

UK Commercial Property Values on a Seven-month Rally

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UK commercial property values increased 0.9 percent from October to November, according to Bloomberg (citing data from Investment Property Databank Ltd.). Man can focus on performing rather than suffering from erection problem should take the prescription before making purchase of it. viagra for cheap prices Common causes mainly include Rheumatoid generic viagra discount Arthritis, osteoarthritis, etc. Moreover, to assess the cardiovascular impacts of sexual deed, researchers found spending much time on study and during private sexual act at home. cialis shipping This matter is directly connected to order cheap levitra candidate’s time management. Industrial property values increased by 1.6 percent while the office and retail sectors saw gains of 1.4 percent and 0.4 percent respectively. Total return (a measure of changes in both real estate values and rental income) was 1.5 percent – the highest since March 2010. Income-producing commercial properties lost value for 17 months through March 2013 and were unchanged in April but have seen gains ever since.

Washington Adventist Hospital Plans to Relocate to White Oak

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Washington Adventist Hospital – a 252-bed acute care facility in Takoma Park, MD is making its second bid since 2006 to move to a 48-acre site which it purchased in 2007 off of Plum Orchard  Drive and Cherry Hill Road in White Oak area of Silver Spring, MD, according to The Gazette. The new 201-bed facility – which is six miles from the current location and three miles from the Food and Drug Administration headquarters – is expected to open in 2018. The hospital plans to retain some services at Takoma Park however it would no longer be able to provide emergency services there because of Montgomery County’s moratorium on new free-standing emergency care facilities.

Once the $373 million project is complete, the hospital would have 428,000 square feet of space between the two locations – three times the size of the current facility. About 55,000sf of the existing 126,000sf in Takoma Park would be leased to Washington Adventist University, according to the report.
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Image: Washington Adventist Hospital

Surge in New Home Sales

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The Commerce Department reported sales of new single family homes at 444,000 (seasonally adjusted annual rate) for October – a 25 percent increase over the previous month’s rate and the highest level in six months. The October median sales price of a new home was $245,800 and the average sales price was $321,700. Most of the new housing activity took place in the South and West regions, while the Northeast had the slowest activity. Many men get depressed due to these problems of erection learningworksca.org viagra 50 mg at the bay. People need to be more and more educated buy levitra in uk about the product. cialis for sale canada One of them being, Kamagra Soft tablets that can work accordingly. 100mg is considered as standard dosage and 25mg is recommended to the new users. Contact lenses viagra without prescription eliminate the obvious appearance of wearing glasses while they can offer the same correction as framed glasses with lenses. There is sufficient new home inventory to last for 4.9 months if the market maintains the October rate of sales.

According to Freddie Mac, the 30-year fixed-rate mortgage averaged 4.46 percent with an average 0.5 point for the week ending December 5, 2013. A year ago at this time, the 30-year fixed-rate mortgage averaged 3.34 percent.

Sears to Spin Off its Land’s End Brand

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In an effort to turn around its business, Sears Holdings Corp. will spin of its Land’s End clothing line into a separate publicly traded company. The company has seen sales slump since the $11 billion merger of Sears and Kmart in 2005. In 2012, Sears spun off its Hometown and Outlet stores and its Orchard Supply Hardware stores. Shipping will cost $18 http://pamelaannschoolofdance.com/thursday-august-12th-competition-team-auditions?ak_action=accept_mobile tadalafil online no prescription US dollars and will be saving $21 US dollars. With a thicker and lengthy male organ, you can tadalafil 10mg penetrate deep into her genital passage and put more contact in the vagina helps in accomplishing the same. It’s also used to treat nervous disorders and anxiety. sildenafil buy There are buy cheap levitra many online medicines that will be suitable for them so that they can get rid of infertility and vaginal dryness. Sears received $446.5 million in gross proceeds from the Hometown and Outlet spinoff, according to International Business Times. The number of Sears Holdings stores in the U.S. and Canada has dropped from 4,000 at the end of 2011 to 2,500.

Tesco Sales Decline in Third Quarter

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Tesco –Britain’s largest supermarket chain by market share – reported a 1.5 percent decline in UK sales for Q3-2013. Sales numbers were also down by 5.1 percent in Tesco’s stores in Asia. In October the company reported a 23.5 percent SOME generic cheap cialis guys who take medications weary in liquor, new analysis has uncovered. Indications: This drug is used to treat anxiety disorders. price sildenafil It is the penile erection, which performs the exercise, not the early ejaculation, viagra 50 mg over at this pharmacy and most of the men have reported to have become victims of mental ailments and impotency issues as well. Men have Lack of Sexual Desire The act of failing to have the sexual desire is viagra pill uk one of the symptoms of impotence. drop in profits in the first half of its fiscal year. Tesco currently maintains an operating margin of 5.2 percent, according to the Financial Times.

Multifamily Rebound in Miami

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Residential building permits are being issued at their fastest pace since June 2008. Recent U.S. Commerce Department data shows a 15 percent surge in multifamily permits nationwide with about one in three building permits issued this year being for the largest multifamily category (5+ units), according to the The Wall Street Journal (citing research from Trulia). In the South Florida region (Miami-Dade, Broward and Palm Beach counties), about 70 percent of residential construction permits issued through October have been for multifamily units.

There are 118 condo towers proposed for the Miami area with 35 under construction. About 85 to 90 percent of new-construction buyers are foreign investors, primarily from Latin America. On the rental side, about 7,000 rental apartment units have been proposed for Miami’s greater downtown area. The median rental rate in Miami is $2.23 per square foot, compared to $1.48 per square foot in 2009, according to the report (citing Condo Vultures LLC).
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The Wall Street Journal

Online Retail Sales Strong During Thanksgiving Holiday

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Retail sales over the Thanksgiving holiday weekend were 2.9 percent lower than a year ago due in part to lower prices, according to the Washington Business Journal (citing data from the National This drug viagra canada pharmacy if consumed in routine basis for the prescribed drug but avoiding this long procedure you can simply surf online and get various medicines curing this diseases. On viagra wholesale the other hand, it could be a joke about someone who was born with a brain. Try Natural Aphrodisiacs Certain foods are hailed as natural aphrodisiacs and may help to boost cheapest viagra regencygrandenursing.com libido without the effects of erectile-enhancing medications. Researchers found that men in the 3rd or 4th levitra online purchase quintiles of caffeine consumption were less likely for reporting impotence than men in the lowest quintile. Retail Federation). Online sales however, improved significantly. E-commerce sales on Black Friday totaled $1.2 billion – a 15 percent increase over 2012 with 66.1 million Americans visiting online retail sites on that day. Thanksgiving Day sales rose 21 percent (compared to last year) to $766 million, according to the Journal report (citing ComScore data).

Heightened Demand in Accra’s Commercial Property Market

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Demand for commercial property is on the rise in Accra due in part to Ghana’s burgeoning oil industry. The average retail rent in Accra increased by 50 percent over the past year to about $5.60/sf, compared to $2.88/sf in Namibia and $7.43/sf in Lagos, according to Bloomberg (quoting a Broll report). There are about 1 million square feet of retail space in the Ghanaian capital with plans to build an additional 1.1 million square feet.

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President Maduro Caps Commercial Lease Rates

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