commercial real
Introducing CoStar for Lenders, a revolutionary live integration of data, models and analytics for commercial real estate lending
WASHINGTON–(BUSINESS WIRE)–Today, CoStar Group, Inc. (NASDAQ: CSGP) announced the launch of CoStar for Lenders, a fully integrated platform that combines a user’s commercial real estate loan portfolio with the power of advanced properties of CoStar; market analyses; and the proprietary COMPASS credit default model, a premier tool for over 17 years. Users will have access …
The Effect of US Sanctions on Russia on Commercial Real Estate Documentation – Real Estate & Construction
President Biden has promised “devastating sanctions” if Russia invades Ukraine. Russia did. And so the most recent sanctions followed. These penalties can have a direct effect on the documents that are signed daily in the commercial real estate industry. This legal update reviews recent penalties and what clients should be aware of before signing real …
The Thibauts are preparing for another real estate market Trends, new generation
COURTESY PHOTO Some people learn to organize, analyze, and look to the future while earning college degrees, developing their book-based learning later in tough market environments away from school. And a few people are still learning it on the family farm – well done, one of the most complex and data-dependent environments, from dirt to …
CoStar faces backlash from former employees
The CoStar Group has been the go-to source for commercial real estate data for decades. They were able to amass proprietary data through an army of employees and crushed all competition through lawsuits. The $25 billion company is now grappling with what appears to be growing discontent from former employees. First, an Instagram account led …
Hometown guy who sold hot Nokias is now an award-winning commercial real estate agent – The Betoota Advocate
CLANCY OVERELL | Editor | CONTACT Brodie Bancroft was once Betoota’s go-to man for an unboxed Nokia 3250. If you knew the right people in town, you might be put in touch with this guy and he would hand you a casually acquired cell phone for the price of $100. And the spoils of his …
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Richards Group tower gets new funding
An Uptown Dallas skyscraper that was just sold has taken on new debt. Last month, the Richards Group’s 18-story tower on the North Central Expressway in the Cityplace development was acquired by a partnership of local and New York investors. Buyers OliveMill Holdings, Hunt Realty Investments and New York investor Angelo Gordon purchased the skyscraper …
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HSBC advances key target as rates rise and profits double
A man wearing a protective mask walks past a logo of HSBC at its head office, amid the coronavirus disease (COVID-19) outbreak in Kuala Lumpur, Malaysia, September 9, 2020. REUTERS/Lim Huey Teng Join now for FREE unlimited access to Reuters.com Register HSBC 2021 pre-tax profit $18.9 billion vs. $8.8 billion in 2020 Says expected to …
Robert De Niro’s $600 million NYC movie studio is approved for construction
Wallflower Studios. Credit: Courtesy of Bjarke Ingels Group Wildflower Studios in Queens, New York, led by Robert De Niro, received approval for construction from the Department of Buildings (DOB). The Bjarke Ingels Group (BIG) designed facility also secured an equity investment from Meadow Partners and a $600 million construction loan from Silverstein Capital Partners …
Building more apartments did not lower prices | Local News
Build it and the rents will drop. That was the well-worn theory before the pandemic. But Santa Fe’s apartment building boom — at least 15 projects have started since 2018 — hasn’t led to the expected drop in rates. In fact, due to various factors exacerbated by COVID-19, they have increased. Rents have soared across …
In rare step, board to review Housing Commission CEO – Voice of San Diego
San Diego Housing Commission CEO Rick Gentry speaks during a press conference on the city’s rental assistance program as Mayor Todd Gloria stands behind him. / Photo by Adriana Heldiz The San Diego City Council will review the performance of Rick Gentry, CEO of the San Diego Housing Commission, after a difficult year for the …
Will digital real estate be a boom or bust for real estate agents? — RISMedia
As the metaverse grows, the conversation around digital “land ownership” becomes more pervasive. Big brands are already cementing their place in the metaverse, but what does that mean for individuals looking to claim their place in the digital world? Will this rush to digital lands be more of a boom or a bubble in the …
The Day – The Day announces building for sale, plans to move to leased space in downtown New London
New London – Continuing on a path that was long inevitable, The Day Publishing Co. is putting its 115-year-old building at 47 Eugene O’Neill Drive up for sale, the first step in the company’s eventual move to another location, as – downtown location still undetermined. “We are committed to staying in downtown New London,” said …
Real estate veteran Edward Agius joins QuickLets as rental manager
After a 22-year career in property, prominent estate agent Edward Agius, known for his deep roots in the lettings industry, made the natural decision to join Malta’s largest agency, QuickLets, which has more than 300 specialists. When it comes to real estate, especially rentals, no brand resonates more than QuickLets which inherently evokes the name …
Commercial real estate sales exceed $1 billion per month in the Lower Mainland
Q3 2021 deals up 64% year-on-year as land sales lead the curve Led by land sales, commercial real estate transactions in a three-month period in 2021 reached $3.25 billion, with third-quarter (Q3) sales jumping 64.1% from last year. same period a year earlier, according to the business advantage Real Estate Board of Greater Vancouver (REBGV) …
Return to pre-pandemic investment levels in Irish property – report
While 2022 may not exceed or even match the extraordinary €5.5 billion invested in Irish property in 2021, the company’s ongoing emergence from the Covid-19 pandemic should mean another strong year for the commercial real estate market, according to CBRE. Apart from continued investor appetite for the traditional office, residential, retail and industrial sectors, growing …
Networking group provides opportunities for women in the male-dominated CRE industry
Bbefore forming the West Michigan chapter of the Commercial Real Estate Women’s Network (CREW), its founding members realized that most of their business leads came from networking with other women. “We’ve had mostly good experiences (working in commercial real estate), but we were always left out of the conversation,” said Alison Dekok, CREW West Michigan …
Shopping / Retail is Half of Top 10 Commercial Real Estate Sellers in 2021 – Business Journal Daily
YOUNGSTOWN, Ohio – Of the 10 largest commercial real estate transactions in 2021, five were stores and retail, including a supermarket on Mahoning Avenue. In total, the top 10 deals represented a sales volume of $ 86,220,323, which is an increase over the sales volume of $ 50,316,880 from the top 10 deals in 2020. …
Toys from Northern New Mexico are a hit, organizers say | Local news
[ad_1] Organizers of a holiday toy drive for underprivileged children in northern New Mexico say the effort was a resounding success. “We ended up having Christmas for about 1,400 kids,†said Jyl DeHaven, a commercial real estate broker at EXIT Realty Advantage NM, who has been managing the toy drive for two years. “It’s such …
Will 2022 be the year to increase the occupancy rate of real estate in India?
[ad_1] After three difficult years, India’s real estate industry is hopeful that 2022 will be the year of recovery. With Covid-19 being accepted as part of the new normal, 2022 should experience less volatility than in previous years. Suppressed demand and low interest rates could push up residential sales – primarily sales of mid-range and …
Why the need for innovation in commercial real estate will only increase over time
[ad_1] Opinions expressed by Contractor the contributors are theirs. Every businessman understands that innovation is essential. In commercial real estate, however, this principle is especially true. Since the start of 2020, when the coronavirus pandemic rocked the world of commercial real estate, industry professionals have come up with innovative ideas to not only survive, but …
What vinyl records, grain, and real estate software have in common
[ad_1] I have no proof, but I’m pretty sure my first landlord in New York City was a retired bridge troll who bought a building in Bed Stuy. He could no longer demand that passersby solve a puzzle to get past him, so instead, he got his dose of irritation by jumping his tenants through …
Commercial real estate set to rise in 3-6 months: Vijay KR from Deloitte India
[ad_1] Residential sales are experiencing a recovery after the second wave of Covid infections despite an increase in prices for end users. On the other hand, commercial real estate, which includes office space, is expected to experience better absorption in 3 to 6 months, as people return to the office after the effects of the …
How are REITs different from direct real estate investments? Should we invest?
[ad_1] Difference between direct real estate investing and REITs In REITs, investors invest in a diversified portfolio of commercial real estate assets. With the direct investment route for commercial office space, investors invest in a single office building. Individual investors can profit from real estate through REITs without having to own or manage real assets. …
Three Ways Commercial Real Estate Protects Against Inflation – Forbes Advisor INDIA
Inflation can be summarized as the decline in the purchasing power of a currency. In other words, it can also mean that the average price of a set of goods and services in an economy increases over time. Since the same amount of money actually buys less goods and / or services, the investments that …
As US inflation hits its highest in 39 years, the pros share 7 things to do with your money
Getty Images / iStockphoto US inflation hit a 39-year high in November, according to government data, with consumer prices rising 6.8% in November, compared to the same month in 2020. This is the increase the fastest in consumer prices since 1982, and November was the sixth. consecutive month that inflation was above 5%. These changes, …
HSA Commercial Real Estate leases the Mt.Pleasant Building to Medical Device Company | Local News I Racine County Eye
[ad_1] MOUNT PLEASANT – Chicago-based HSA Commercial Real Estate has leased space in its Park 94 building, 1570 International Park Drive, here from medical supplies and device company Typenex Medical LLC. Typenex Medical signed a custom construction lease for 41,310 square feet. The company is expected to occupy the space in March 2022, according to …
Mixed signals in commercial real estate call for renewed emphasis on data-driven strategies, advises A&G chief
[ad_1] MELVILLE, NY, December 8, 2021 / PRNewswire / – Mixed Market Signals Highlight the Need for Turnaround and Restructuring Professionals to Focus Even More on Data and Analytics in Commercial Real Estate Projects, Writes André Graiser, co-chair of A&G Real Estate Partners, in the December issue of the Journal of Corporate Renewal (JCR). Graiser: …
Iconic Santa Barbara hotel sells for $ 41.9 million
[ad_1] The Santa Barbara Hotel, an iconic 75-room property in the heart of this coastal city’s bustling downtown, has been sold for $ 41.9 million, as reported by Berkshire Hathaway HomeServices California Properties. “There were a lot of moving parts to deal with with this transaction requiring a team effort to win the day, and …
Indio Management Accepts 204 Unit Assignment to Arlington, TX
[ad_1] DALLAS, Dec 3 2021 / PRNewswire / – Indio Management, a Dallas leader in property management solutions, has accepted a new management mission for 600 East Apartments, an asset of 204 units in Arlington, Texas, in partnership with WindMass Capital, a private investment and commercial real estate development company. Arlington has become a flourishing …
Menkiti Group Expands Commercial Real Estate Team with New Vice President to Continue Momentum in Worcester
[ad_1] WORCESTER, Mass., December 1, 2021 / PRNewswire / – With a portfolio that is growing rapidly across Massachusetts and the Greater Washington Area, The Menkiti Group, an integrated real estate services company based in Washington DC with additional offices in Worcester, MA, named Mike McElaney as the new vice president of commercial real estate. …
LOGIC Commercial Real Estate launches a tax division
[ad_1] Courtesy Photo of Shawn Heine NNBW Staff Report Friday, November 26, 2021 LOGIC Commercial Real Estate announced this month the opening of a new business services division – LOGIC Property Tax Appeal.According to a November 10 press release, LOGIC Property Tax Appeal helps business owners and real estate investors reduce property tax expenses by …
KIKO joins the business development team with the hiring of a new director | News, Sports, Jobs
[ad_1] CANTON – KIKO Realtors, Auctioneers & Advisors welcomes Margaret Jordan, JD, MS, to their Business Development Team. Jordan joins us as Director of Business Development, working with real estate lawyers, business consultants and commercial real estate brokers. With over 15 years of experience in business development strategy, lead generation, project management and revenue development, …
Will real estate ever return to normal?
[ad_1] Then there was a 35-year-old technician in Long Beach, Calif., Who bought a house in Round Rock for $ 300,000 last October. In January 2021, it was worth around $ 400,000; in February he bought two more. His winning offers were two of the dozen that his real estate agent, a former stock trader …
Fremont Fraud-Related Sites May Be Purchased By An Affordable Housing Developer
[ad_1] FREMONT – Two Fremont sites mired in a real estate fraud case in the Bay Area are set to be bought by an affordable home builder in a deal that could make money for investors who have been defrauded by the project developer. The properties are located at 42021 and 41965 Osgood Road, near …
RealtyTrac Partners with TKI to Help Realtors® and Real Estate Investors Identify the Most Likely Home Sellers | Business
[ad_1] IRVINE, Calif. And PHILADELPHIA – (BUSINESS WIRE) – November 8, 2021– RealtyTrac®, the largest online marketplace for foreclosures and distressed properties and TKI, a software development company with over 20 years of experience in real estate, today announced a partnership for market nSkope, an AI-powered sales support platform that identifies properties that are likely …
Motley Fool: Are you interested in commercial real estate financing?
Walker & Dunlop (NYSE: WD) is a small but impressive finance company that has been around since the 1930s and does all kinds of finance for commercial real estate. One of the largest commercial real estate lenders in the country, it issues commercial mortgages with a specific concentration in multi-family properties (including apartment buildings and …
Brian Johnson: 1031 Tax Deferred Exchange Safe For Now | Business
[ad_1] For a year now, the real estate investment community has feared, among other things, that the 1031 Tax-deferred exchange could be on the chopping block under a Democratic administration. First, a quick introduction to 1031 Exchanges. The tax-deferred exchange, as defined in Article 1031 of the Tax Code, allows an owner to sell his …
Vantage Commercial represents a developer in the acquisition of Southwood Shopping Center
[ad_1] Photo provided Community submitted content Cherry Hill, NJ – Vantage Commercial is proud to announce the successful off-market sale of Southwood Shopping Center, a shopping center located on Route 45 in West Deptford. Advertising The mall has prevailed as a neighborhood landmark under family ownership for over 60 years. The +/- 83,000 square foot …
Evocalize and Realty Austin Examine Real Estate Advertising Trends on Facebook in Recently Released Report | by Gabriel Gervelis | October 2021
Austin Texas: Evocalize, the creators of a collaborative marketing platform (CMP) that simplifies the execution of digital marketing between partners, today announced the release of its third quarter Facebook real estate advertising report. The report shows that normal seasonality is starting to revert to Facebook’s real estate advertising performance metrics. Metrics like click-to-lead conversion rate …
Bay Area-Based Real Estate Investment Company Freshwater Investments Welcomes Ryan Pasquale as Director of Acquisitions and Asset Management | New
[ad_1] REDWOOD CITY, California, 25 October 2021 / PRNewswire-PRWeb / – Freshwater Investments, a Bay Area-based real estate investment company, is pleased to welcome Ryan pasquale as Director of Acquisitions and Asset Management to his growing team. He will play a key role in identifying, evaluating and recommending multi-family acquisition opportunities in all markets of …
Commercial real estate leaders advocate for more diversity – Whittier Daily News
[ad_1] Every year around this time, the commercial real estate industry comes together for the conference season. Now is the time to come together, learn and network. When the pandemic hit in 2020, we found ourselves doing it virtually. I’ve adopted virtual meetings a lot, but conferences just don’t work. Yes, learning sessions are OK, …
The beautiful career of Léon Backes
[ad_1] Leon Backes (pronounced BACK-us) has the kind of career in real estate that would make a great movie. Imagine the oldest in a family of nine from a small town in Missouri traveling to Dallas in the late 1980s in a Panama Brown Volkswagen Rabbit with no air conditioning. Did I tell you it …
1 small cap real estate stock that could be a multibagger
[ad_1] Walker & Dunlop (NYSE: WD) is a commercial real estate finance company, and that’s not a household name for the average investor – but maybe it should be. In this fool live Video clip, recorded September 30, Fool.com contributor Matt Frankel, CFP, talks about the impressive growth and future potential of Walker & Dunlop. …
Delta variant slows recovery in Denver metro office market
[ad_1] The growing number of COVID-19 cases this summer has prompted Denver subway employers to press the pause button on worker return plans, contributing to a continued rise in the area’s office vacancy rate, according to one update. third quarter update from Newmark, a commercial real estate brokerage. “Tenants are closely monitoring the impacts and …
Healthcare Trust of America, Inc. Issues Statement in Response to Letter from Elliott
[ad_1] SCOTTSDALE, Arizona., October 11, 2021 / PRNewswire / – Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA†and “the Companyâ€) today issued the following statement in response to a letter issued by Elliott Investment Management (“Elliottâ€) . HTA’s board of directors and management team are committed to acting in the best interests of the …
Samuel Brown Obituary (2021) – Clearwater, Florida
[ad_1] Samuel H Brown Jr.1944-2021On the morning of August 24, 2021, Sam H. Brown, Jr. of Houston, Texas, passed away at the age of 77 in Clearwater, Florida. Although born in Shreveport, Louisiana, Sam was a true Houstonian. He grew up to find the calling of his life as a father of two daughters, a …
Campaign Funding Snapshot: Woodside’s Measure A contributions raise accusations; Real Estate Company Donates $ 10,000 in Menlo Park School Plot Tax | New
[ad_1] Owners of popular Woodside restaurant and bakery rely on claims by measure A opponent that initiative to allow more outdoor community gathering spaces is a scam from a local business. The measure of the November 2 ballot aimed at changing the zoning of certain plots is an alleged “ploy by the Bacchus (Management) group, …
Mehlville School Board Approves 2021 Blended Tax Rate Including Levy for Prop S – St. Louis Call Newspapers
Photo by Jessica Belle Kramer Mehlville Board of Education member Jean Pretto and CFO Marshall Crutcher discuss the 2020 budget in a meeting on June 5, 2019 at Mehlville High School. The Mehlville School Board unanimously adopted the 2021 blended tax rate during its annual tax rate hearing on September 21. The Board of Education …
Dottid launches commercial rental and asset management platform: Exclusivity – Commercial Observer
[ad_1] Not everyone thinks physical retail is dead. dotted, a commercial real estate proptech SaaS platform for asset management and rental transactions, announced Tuesday it is launching new rental workflow technology for retail owners. The Dallas-based startup’s retail platform is designed to provide asset managers and their rental teams with retail demand-specific data, visualizations and …
Cherre Named Grand Winner of Commercial Real Estate Tech’s Most Prestigious Awards Program
[ad_1] NEW YORK, October 4, 2021 / PRNewswire / – Cherré, the industry’s leading real estate data and analytics platform, today announced it has been named the eighth Real Estate Technology Award (RETAS) Grand Prize Winner in the Mid-Market Growth Category. This is the fourth consecutive year that Cherre has been named winner of the …
Principal Real Estate Income Fund increases monthly distributions by 2.94% to $ 0.0875 per share
Posted: October 1, 2021, 4:30 p.m. EDT|Update: 2 hours ago DENVER, October 1, 2021 / PRNewswire / – Principal Real Estate Income Fund (the “Fund”), which trades on the New York Stock Exchange under the symbol “PGZ”, is pleased to announce a 2.94% increase in its monthly distributions of $ 0.0875 per share from November, …
CoStar Group acquires BureauxLocaux, a leading digital commercial real estate marketplace in France | Business
[ad_1] WASHINGTON – (BUSINESS WIRE) – October 1, 2021– CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online commercial real estate information, analysis and markets, today announced the acquisition of COMREAL INFO, owner and operator of LocalOffices.com. Based in Paris, BureauxLocaux is one of the largest real estate portals specializing in the purchase and …
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Three Seeding Lessons for Sole Proprietorships
[ad_1] Many owners of brand new small businesses and startups find it difficult to raise capital early on or don’t want to go to outside investors, so they can hold onto the equity for as long as they can. Some never raise capital. Instead, they fund growth through cash flow, a process known as seed. …
The company signs the lease for the Energy Corridor head office
[ad_1] AES drilling fluids, a supplier of drilling fluid systems and products across the United States, has leased 27,614 square feet at 575 N. Dairy Ashford in the West Houston Energy Corridor. The office will house the company’s head office and a state-of-the-art laboratory. Griff Bandy and Joe Bright of NAI Partners represented the tenant. …
Here’s why the real estate industry should pay attention to a new broker innovation report
[ad_1] It has been years since I worked as a commercial real estate broker, but even then I was familiar with the #CRE DNA report, which takes the pulse of the brokerage industry in areas such as demographics, strategies and marketing. innovation. Done by the teams at commercial real estate software company Buildout and online …
Ford sells parking lot in Corktown for $ 15.6 million
[ad_1] Ford Motor Co. sold some of its holdings in Detroit’s Corktown neighborhood last month to a new joint venture featuring a trio of big-name commercial real estate. In a joint venture called Corktown Mobility Hub LLC, Howard Luckoff, Jim Ketai and the Rakolta family bought the 1,250-plus parking lot – the group calls the …
What will happen to the tax breaks for commercial real estate? – Orange County Register
[ad_1] As one Register columnist wrote, “These are just opinions, but they’re all mine! Today, I’m purging my inbox for another edition of a Random Reflection on Commercial Real Estate. I find the occasional purge cathartic. So this is it. Gender reveals. Some of you may have noticed my more frequent use of “her” to …
Why Are Rents Going Up in Utah? In Salt Lake, up 12% from last year
[ad_1] Salt Lake County rental prices are indeed increasing, but not as fast as house prices, according to the Utah Apartment Association. Salt Lake County’s median monthly rent cost rose to $ 1,389 in June, up 12% from the previous year, according to Realtor.com. In contrast, the median price of homes (of all housing types) …
What is the double real estate agency?
Editorial independence We want to help you make more informed decisions. Certain links on this page – clearly marked – may direct you to a partner website and earn us a referral commission. For more information, see How we make money. Buying or selling a home is a pretty big deal. There is a lot …
CRED iQ Launches Commercial Real Estate Comps Software | State
RADNOR, Pennsylvania., September 23, 2021 / PRNewswire / – CRED iQ, a data, analysis and valuation platform serving the commercial real estate finance and investment communities, today announced the launch of its real estate comps tool. The tool compares a subject’s appraised value, rent, expenses, occupancy, cap rate, interest rate, and several other property and …
Self-storage industry is making a comeback, boosted by pandemic changes
At the start of the pandemic, Katharine Lau, a commercial real estate professional, focused on decluttering, and as she looked at a bunch of unnecessary things, she wondered how she could save them despite her lack. of space. “It was the first time I thought about self-storage as a business, which I have always found …
Past Pages, September 19, 2011: Carson City’s industrial space begins to fill up
[ad_1] Cover of September 19, 2011, Northern Nevada Business Weekly. EDITOR’S NOTE: Each week in 2021, we feature excerpts from articles published ten years ago to give readers a 10-year perspective of economic news in the region. This week’s stories were first published in the September 19, 2011 edition of the NNBW. Carson City’s industrial …
North Chicago assessments confirm fears of downtown homeowners
[ad_1] It is a familiar model to anyone who has followed the office of the assessor over the past two years. It should make North Chicago owners happy, but it could drive many homeowners crazy. Through the reassessment process, Kaegi’s office reduces the property tax burden on residential taxpayers and places more on owners of …
Amazon leased office building in Seattle trades hands for $ 490 million
[ad_1] In an apparent bet on office work, a Los Angeles-based real estate company bought a 28-story office tower in Seattle’s Denny Triangle for $ 490 million. Amazon currently occupies most of the building, known as West 8th, with the Seattle Children’s Research Institute among the other tenants. Kilroy Realty bought the building from a …
Rabbet Announces Partnership with AvidXchange to Improve Invoice Management Process for Real Estate Development Teams |
[ad_1] AUSTIN, Texas – (BUSINESS WIRE) – Sep 21, 2021– Rabbet, the leading provider of real estate development management software, today announced a partnership with AvidXchange, the leading provider of mid-market accounts payable and payment automation solutions to improve the process for managing accounts payable and payments. invoices for real estate development teams. Rabbet’s technology …
View Rental Real Estate as an Investment Opportunity | Business
[ad_1] Based on data from the Pew Research Center, which was re-released in 2021, many rental housing units in the United States are owned by individual investors. The second largest number of rental units are owned by institutions and businesses. Among individual investors who own rental housing, most own between five and 24 units. In …
KKR Expands Industrial Real Estate Footprint in Atlanta with Acquisition by KREST | Business
[ad_1] NEW YORK – (BUSINESS WIRE) – Sep 17, 2021– KKR, a leading global investment firm, announced today that KKR Real Estate Select Trust Inc. (“KRESTâ€) has acquired a 1.1 million square foot Class A industrial warehouse at Southern Gateway in Lambert Farms in Atlanta (McDonough), GA of PNK Group, an international real estate developer …
Lone Wolf’s recruit helps brokers spot the best real estate agents
[ad_1] Have any product suggestions you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. Lone Wolf Recruit is an agent recruitment management solution for brokerage firms and teams. Platforms: Browser, suitable for mobile devices Ideal for: Brokers and teams of all sizes Main selling points: Ease of use Fit scoring …
Portland Rental Vacancy Rates Decline Again
CoStar Market Analytics, a commercial real estate advisory service, issued a memo on September 9 to its Portland clients detailing the city’s apartment building inventory and the pace of new construction. The conclusions were gloomy: vacant units are declining rapidly, rents continue to rise, and the development of new multi-family units is slowing down. This …
How Texas CRE brokers are using technology to act fast and improve their game
[ad_1] Barry Moore uses technology, including real estate information services, so transparently in his role as a business broker that he is usually not even aware of it. It’s just part of the way it works. He lives on his phone and laptop. When driving, he can stop and open LoopNet, for example, to search …
Cushman & Wakefield Japan offers 3D virtual tours of properties
[ad_1] Matterport showcase Showcase of a real estate introduction in 3D produced by Cushman & Wakefield in Japan. Showcase of a real estate introduction in 3D produced by Cushman & Wakefield in Japan. Matterport showcase Showcase of a real estate introduction in 3D produced by Cushman & Wakefield in Japan. Showcase of a real estate …
The Neenan Company Secures Plaza’s 94% Sales to Riverbend Development
[ad_1] Closures remain strong thanks to COVID-19 for Timnath commercial projectThe Neenan Company, a Fort Collins-based design-build and development company, announced that it has closed sales of 94% of the commercial space in its mixed-use commercial development project in Timnath, Colorado. Named The Plaza at Riverbend, the Project represents Timnath’s premier neighborhood commercial development, offering …
Kennedy: Vacancy rate for industrial space at all-time low
In his 40 years in commercial real estate in the Capital Region, Richard Sleasman says he has never seen the vacancy rate for industrial space as low as it is today. CBRE-Albany, where Sleasman is chairman, calculated the first-half vacancy rate at 2% for an area stretching from Albany, Saratoga, Schenectady and Rensselaer counties to …
Restaurant rental overcoming pandemic, says Levin Management
[ad_1] Despite the challenges posed by the pandemic, restaurant rental business has remained high for Levin Management Corp., a commercial real estate company based in North Plainfield. The company has recorded nearly two dozen restaurant concept engagements in the past 18 months, and restaurants remain among the busiest retail rental sectors, the company said in …
Midtown Union’s Mira apartment complex reaches the top
[ad_1] ATLANTA – (COMMERCIAL THREAD) – MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), in partnership with StreetLights Residential, a developer focused on designing multi-family and mixed-use communities, is pleased to announce the premier luxury apartment complex, The Mira, in Midtown Union in Atlanta, GA. Part of Midtown Union’s …
Langdon Park Capital Announces Hiring of Real Estate Industry Leaders
[ad_1] LOS ANGELES–(COMMERCIAL THREAD) – Langdon Park Capital, a black property real estate investment management company, announced two new hires as part of its efforts to meet demand for high-quality housing and well-run commercial facilities in historically underserved black and Latino neighborhoods. Deepa Janha will be the first head of the company’s asset management and …
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Strong recovery underway in commercial real estate, REIT Q2 results show
[ad_1] Milo Hotel, Santa Barbara, California Courtesy of Hersha Hospitality Trust The recovery in commercial real estate accelerated this spring, according to second quarter REIT earnings reports. Profits of all REITs, as measured by funds from operations (FFOs), increased 19.8% in 2021: Q2 from the previous quarter. Significantly, FFOs in the REIT industry as a …
JRW Realty purchases $ 54.10 million in net leased and related grocery assets in July | Associated press
[ad_1] PASADENA, Calif .– (BUSINESS WIRE) – Aug.12, 2021– JRW Realty is pleased to announce that in July, the company facilitated the cash acquisition of over $ 54.10 million in real estate on behalf of its clients. The 12 properties purchased are leased by nationwide companies that provide essential goods and services, including Pick ‘n …
KBS sells 264,149 square foot office tower in Denver, Colo. For $ 66 million
[ad_1] DENVER – (COMMERCIAL THREAD) – KBS, one of the largest investors in blue chip commercial real estate, has sold Peakview Tower, a nine story, 264,149 square foot office tower in Greenwood Village, Colorado, in the South Market. is from Denver. The property was purchased by a joint venture led by Vanderbilt Office Properties for …
Here’s How Experts See the Outlook for Commercial Real Estate in Arizona
[ad_1] Real estate is booming in Arizona. But how long can it last? AZRE spoke directly to the experts for their opinion on the outlook for commercial real estate in Arizona. Commercial Real Estate Professionals (CREs) gathered at The Clayton House in Scottsdale on August 5 to hear from industry experts at the 7th Annual …
Interested in investing in real estate? Start with an ADU
[ad_1] By Brian JohnsonPresident 2021Santa Barbara Real Estate Association Have you ever wondered about buying real estate as an investment? Have you recently watched the ever-increasing property prices and thought you are overkill? There could be a simple solution right in front of you or, more appropriately, right under your feet. If you own a …
Revealed: Democrats took on millions of real estate developers before allowing end to moratorium on evictions
[ad_1] Like the houses of millions of tenants across the United States were threatened this week by the refusal of the White House and Congress to extend the moratorium on evictions put in place by the Centers for Disease Control and Prevention, Democrats’ inaction was profiting straight to some of the party’s biggest supporters in …
Monument Square office building for sale | Local
[ad_1] Monument Square, one of the most important office buildings in the region, is for sale. The 10-story building at 333 Glen Street is currently on the market for $ 15 million. Monument Square, one of the most important office buildings in the region, is for sale. The 10-story building at 333 Glen Street is …
Greystone Provides $ 21.3 Million in HUD-Assured Financing for Multi-Family Property in Philadelphia
NEW YORK, July 21, 2021 (GLOBE NEWSWIRE) – Greystone, a leading national commercial real estate finance company, has provided a loan of 21,305,500 HUD 223 (f) to refinance an 86-unit multi-family property in Philadelphia, in Pennsylvania. The transaction was initiated by Jason Yuen of Greystone on behalf of regular customer West Village Group. The $ …
US private equity fund Lone Star lays off majority of its staff in Asia – sources
[ad_1] By Kane Wu, Chibuike Oguh HONG KONG / NEW YORK (Reuters) – Texas-based private equity firm Lone Star Funds has laid off most of its Asian investment team outside of Japan in a major pullout from the region, reported three people familiar with the situation told Reuters. The company fired about 25 investment professionals …
Debt-laden Evergrande shares fall 14% to four-year low
[ad_1] The Evergrande Group or Evergrande Real Estate Group logo of a Chinese real estate company is visible on a smartphone and a PC screen. SOPA Pictures | LightRocket | Getty Images BEIJING – Hong Kong-listed shares of China Evergrande Group fell to their lowest level in four years on Tuesday following news of an …
BrightSpire Capital, Inc. (formerly Colony Credit Real Estate) Announces the Sale of a Portfolio of Developing and Unrecognized Investments for $ 223 Million
[ad_1] NEW YORK–(COMMERCIAL THREAD) – BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital†or the “Companyâ€), formerly known as Colony Credit Real Estate, Inc. (NYSE: CLNC), one of the largest listed commercial real estate (CRE) credit REITs, today announced that it has entered into an agreement to sell the majority of its historical development and / …
Landing alongside the metro will cost 14% more | News from Noida
Greater Noida: Imposing an additional burden on existing beneficiaries as well as potential buyers, the Greater Noida Authority has increased land rates for all properties except commercial properties by just over 4%. And on Noida Authority lines, GNIDA has, for the first time, added a 10% bonus on land within a kilometer on either side …
Most Influential Women: Adrienne Bryant, Bryant Commercial Real Estate
[ad_1] Az Business and AZRE magazines announced the post lists of Arizona’s most influential women in 2021, including Adrienne Bryant, oowner by Bryant Commercial Real Estate. To celebrate the 10th anniversary of the Most Powerful Women program, azbigmedia.com features one of the Most Powerful Women of 2021 every day, until 2021 Most Influential Women Dinner …
Real estate newsletter: lavish mansions and hidden ADUs
[ad_1] Welcome back to the real estate newsletter. As the summer gets hotter, the deals get bigger and this week’s headlines have been dominated by some of the larger and more expensive mansions on the market in Southern California. Two of the most intriguing lists were linked to two big names. The most expensive of …