Category – December 2011
Mike Mixer will lead Colliers International’s Hotel Group, with Dharmesh Patel from the firm’s San Francisco office. Mixer is the managing partner and founder of the Colliers International Las Vegas office, while Patel is an experienced hotel owner-operator with a diverse background in hospitality investment, development and finance.
- Private construction value put in place increased in October to about 54% of the pre-recession high registered in March 2006.
- Commercial property transaction volumes were down in October and are now below the long-term monthly average.
- Multifamily housing permits jumped in October to a monthly level not seen since September 2008.
- Permits and starts of new single-family homes showed healthy growth in October, while sales just inched up and prices sagged slightly.