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Category: Real Estate
Emerald Creek Provides $61M Inventory Loan on LIC Condo...
NYC-based bridge lender Emerald Creek Capital has provided a $60,500,000 condominium inventory loan in Long Island City for an un...
Berkadia Adds Bluesuit’s Technology Platform
Berkadia said Monday it had acquired BlueSuit’s technology platform, an AI-driven data extraction solution, specific to commercia...
Industrial Real Estate Experts Weigh in on the Sector’s...
At the recent Connect Industrial Midwest 2023 conference in Rosemont, IL, the conversation both on and off the stage revolved aro...
F&B Tenant Signs for Space at Port Authority Bus Termin...
JRT Realty Group, Inc. and subconsultant MCCGUSA, Ltd. arranged a lease for retailer Gong Cha at the Port Authority of New York a...
Cook County Gives Metra $5M Toward Roseland Station Mod...
The Cook County Board of Commissioners has approved a $5-million allocation to Metra that’s intended to support a $38-million mod...
Seiden Law Firm Inks Office Renewal at 322 Eighth Ave. ...
Seiden Law LLP, a boutique New York law firm specializing in high stakes litigation and arbitration, has signed a new seven-year ...
Pebblebrook Trades Retail Portion of Westin Michigan Av...
Pebblebrook Hotel Trust said Monday that it closed on the sale of 909 N. Michigan Ave., a 5,860 square-foot, three-tenant high-st...
Evolent Eyes Further Downsizing of Loop Offices Followi...
Healthcare consultancy Evolent, which last year subleased about 25,000 square feet of its downtown Chicago office space to Cision...
Standard Communities Acquires $18M Canton Multifamily, ...
Los Angeles, CA-based Standard Communities, a national affordable housing investor and developer, has acquired Canton Estates Apa...
The RADCO Company Collects $97M for Two Atlanta-Area Co...
Atlanta, GA-based The RADCO Companies has sold multifamily properties the Crossings at McDonough in McDonough, GA and the Crossin...
Rush Plans $70M Outpatient Facility at Former Sears Sit...
Rush University System for Health on Monday announced plans for a new $70-million outpatient center at the former Sears site at N...
Excel Opens, Acquires Texas RV Resorts
Excel Commercial Real Estate opened Laurel Springs RV Resort, gated RV community located in Kingwood. The new facility has 226 RV...
Where Do Bank Busts Leave Real Estate Tech Investment?
It’s been an interesting past week for the financial markets as regulators and onlookers try to make sense of the recent woes of s...
Industry Icon Wes Foster Passes Away at 89
P. Wesley (“Wes”) Foster, Jr., co-founder and chairman emeritus of Long & Foster, one of the largest independent real estate compa...
Adfenix Rebrands as Realforce After Acquisitions
Adfenix, the Swedish real estate software company, announces the company is rebranding. After acquiring customer data company Qued...
Most REALTORS® Recommend Improving Curb Appeal
About 92% of REALTORS® suggest that sellers improve the curb appeal of their home before listing it for sale, in addition to other...
New York Community Bancorp Acquires Signature Bank Asse...
New York Community Bancorp, Inc. said Monday it had acquired certain assets and assumed certain liabilities of Signature Bridge B...
MSquared Closes on $54M Lynnwood Multifamily Developmen...
New York-based women-owned real estate development and investment firm MSquared has closed on Kōz on Alderwood, a $54 million, 20...
Real Estate Roundtable Asks Feds to Implement Troubled ...
The Real Estate Roundtable has requested federal bank regulators to reestablish immediately a troubled debt restructuring (TDR) p...
Redfin expands Premier service nationwide
Real estate brokerage Redfin is now offering its Premier agency service to all of its 100 select markets across the United States.
LA County Pension Fund Invests $600M in CBRE Fund
The Los Angeles County Employees Retirement Association (LACERA) has approved the investment of up to $600 million of its pension...
Bay Area to Phase Out Gas Furnaces & Water Heaters
The Bay Area Air Quality Management District (BAAQMD) has adopted new rules that will make dramatic changes to the way San Franci...
Medford Shopping Center Trades for $6M
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Jackson Creek Center, an 85,000...
Off-Market Properties: What Are They And How Do You Fin...
Real estate properties listed as “off-market” are not publicly listed for sale. However, that does not mean that you cannot buy of...
Hunters Point Housing Development Receives $6M Grant
New York-based development and investment firm Jonathan Rose Companies and non-profit senior advocate Bayview Hunters Point Multi...
MIG Sells Las Vegas Medical Campus for $27M
Newport Beach, CA-based real estate investment company MIG Real Estate LLC has completed the disposition of Pecos Plaza, a 124,00...
Riverside Multifamily Community Changes Hands for $23M
CBRE’s Blake Torgerson and Eric Chen have brokered the sale of Dove Ridge Apartments, a 96-unit multifamily complex in Riverside,...
Hutto’s Townwest Commons May Be Home for Academy Sports...
Academy Sports + Outdoor is looking to build a 51,000 square foot store in Hutto’s booming Townwest Commons. A public filing indi...
Real Estate Developments May Soon See New Transport at ...
Getting where you want to go in an urban environment can test anyones nerves. North Texas transportation officials recognize that...
Latitude 33 Debuts Parking Expansion at CBX
The CBX, a 390-foot bridge spanning the US-Mexico border that exclusively serves passengers traveling through the rapidly-growing...
The Bulfinch Companies Signs Biotech Company to 43K SF ...
An affiliate of The Bulfinch Companies, Inc. has completed a new long-term lease with biotechnology company Evolved By Nature, In...
Bankrupt Austin Shopping Center Picked by CA-Based Firm
Stockdale Capital Partners, a Los Angeles-based, real estate investment firm, has acquired Arboretum Crossing in Austin located a...
Nuveen Real Estate, WMATA Agree on 90K-SF Industrial Le...
Landlord Nuveen Real Estate has signed a lease with The Washington Metropolitan Area Transit Authority for 90,473 square feet of ...
Atlanta Ends 2022 in Third for US Industrial Leases, Sa...
Demand for industrial and logistics warehousing space is driving an increase in megawarehouses, according to CBRE. The largest 10...
186K SF El Paso Wiring Plant Closing, Means 110 Jobs
The Sumitomo Electric Wiring Systems (SEWS) plant, located in the city of El Paso, is closing due to business reasons. The compan...
Las Vegas Formula 1 Racing Complex Construction to Bare...
The Formula 1 race promoters put out some flashy renderings of what the paddock and grandstands will look like for the big race i...
Las Vegas Formula 1 Racing Complex Construction to Bare...
The Formula 1 race promoters put out some flashy renderings of what the paddock and grandstands will look like for the big race i...
Northmarq Secures $21M Fannie Mae Refi for Winston-Sale...
Northmarq has provided a $20.8-million fixed-rate Fannie Mae financing for The Residences at Diamond Ridge, a 335-unit multifamil...
Top 5 Recession-Proof Housing Markets In 2023
This article is presented by Rent To Retirement. Read our editorial guidelines for more information. Choosing the right real estat...
After 8-Year Hold, Unico Spins Off 4-Building Denver Pr...
Unico Properties held onto to four adjacent Denver commercial buildings for eight years before selling. Altus Properties has paid...
The Next Few Landmines In Nonrecourse Carveouts
Beware of traps that can leave you personally liable.
EagleBridge Capital Arranges $6M Construction/Perm Mort...
EagleBridge Capital has arranged a $6.1 construction/permanent mortgage financing for a long-term leased CVS Pharmacy to be locat...
Nominate a Rising Star for Connect CRE’s Seventh Annual...
Connect Commercial Real Estate’s sixth annual Next Generation Awards in 2022 put the spotlight on more than 100 of commercial rea...
Yardi Says Multifamily Flat in February
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as J...
English Manor House Enjoys A Country In The City Settin...
An English manor house for sale in Toronto stands as a testament to enduring design and first-rate craftsmanship.
Housing Starts & Permits Jump Up in February
The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,45...
Delving Into Real Estate Social Media Marketing Best Pr...
Looking to recruit quality agents, attract potential buyers and elevate your brand? When it comes to Instagram, Facebook, Twitter,...
Diversity at the Brokerage Level: Nurturing Female Lead...
Moderator: Kymber Lovett-Menkiti, President, Keller Williams Capital Properties, Washington D.C., Broker Relations Liaison, Natio...
NAR Hosts Policy Forum on the Current Housing Market an...
The National Association of REALTORS® hosted a policy forum March 16 titled, “The Current Housing Market: Implications for Home Bu...
Entering a “New Era” of Higher Prices, Interest Rates, ...
Unemployment was supposed to be much higher by now. With the Federal Reserve increasing its rate hikes over 2022 and into 2023, th...
Ask the Money Experts: Backdoor Roths, Bad Debt, & When...
Starting a business. If you’re just beginning your personal finance journey, this can all seem a bit complicated. Where do you inv...
Newsfeed: Living In Memphis Might Break Paycheck To Pay...
Americans have been battered by two years of negative real wage growth as personal savings are depleted while credit card debts ju...
Seeing Greene: The Cash Flow “Golden Age” Could Be OVER...
The golden age of cash flow real estate investing could be over as we know it. For the past decade and a half, landlords got used ...
4 Ways to Leverage Augmented Reality to Improve the Hom...
Improving the client experience is the goal for most, if not all, agents looking to take their businesses to the next level. While...
Thoughts on Leadership: Lessons From Jennifer Lopez
March marks the start of Women’s History Month and Wednesday was International Women’s Day, so I’d like to dedicate this post to w...
Rookie Reply: Airbnb Arbitrage, Turnkey Rentals, and Wh...
Don’t have enough capital to own property? Enter Airbnb arbitrage, the popular investment strategy that allows you to rent out som...
Newsfeed: Breitbart Business Digest: Light at the End o...
Privately owned housing starts in February came in at a seasonally adjusted annual rate of 1,450,000. This is 9.8 percent above th...
Newsfeed: Homebuilder Confidence Rises for Third Consec...
The NAHB index rose two points to 44 in March, according to a Wednesday press release. The mild rise in homebuilder confidence exc...
Newsfeed: ATTOM Ranks Best Counties For Buying Single-F...
Highest Potential SFR Returns in Indian River, Collier, Wayne, Mercer, Charlotte Counties; Best Returns Concentrated in South, Mid...
Quantum Brokers Single-Tenant Medical Office Sale in Mi...
Quantum Real Estate Advisors, Inc. has brokered the sale of a freestanding medical office building located at 221 2nd Ave SW, Byr...
JLL Lines Up $58M Financing for Jersey City Multifamily
JLL Capital Markets arranged the $58-million refinancing for 3 Journal Square, a 240-unit, luxury, mid-rise apartment building lo...
LLCs Swap Ownership of Merrillville Retail Center
Marcus & Millichap closed the sale of Century Plaza, a 18,215-square foot retail property located in Merrillville, IN, within the...
RockFarmer Opens Queens’ First AI-Powered Parking Garag...
Queens-based developer RockFarmer Properties has opened Queens’ first AI-driven automated parking garage, located at the recently...
Lightfoot Administration Seeks to Spur Urban Agricultur...
Mayor Lori E. Lightfoot and the Chicago Department of Business Affairs and Consumer Protection (BACP) and partner agency Neighbor...
MaryAnne Gilmartin Talks Development and Team-Building ...
The Fordham Real Estate Institute (REI) hosted the latest event in its ongoing series, “She Builds,” recently week at the Lincoln...
Intralogistics Firm E80 Relocates U.S. Headquarters to ...
E80 Group is moving its U.S. headquarters to Chicago’s River North neighborhood from suburban Skokie, IL, according to the Chicag...
Adler & Stachenfeld Names New Chair of Real Estate Fina...
Real estate law firm Adler & Stachenfeld LLP (A&S) has promoted Ilya Leyvi to chair of the firm’s growing real estate finance pra...
WeWork Reaches Debt Restructuring Agreement with SoftBa...
WeWork Inc. said Friday it had entered into a series of agreements with an ad hoc group representing more than 60% of the company...
Clear Channel Outdoor Readies Digital Media Makeover at...
Clear Channel Outdoor Americas, the sole media provider for business and community partner messaging via the 500 W. Madison atriu...
Chicago Vying to Land Federal Biomedical Research Cente...
The Advanced Research Projects Agency for Health (ARPA-H), a new federal agency armed with $2.5 billion to work on biomedical inn...
Biltmore Apartment Tower Owners Land $248M Refi
Newmark arranged a $248-million refinancing of The Biltmore, a 464-unit luxury apartment building in Manhattan’s Midtown West sub...
U.S. Sale-Leaseback Volume Sets New Records
Total U.S. sale-leaseback volume of 874 unique transactions during 2022 exceeded the prior record volume of 789 in 2021, accordin...
Dewitt Carolina’s 1000 Social at $1B The Exchange Reach...
Real estate development firm Dewitt Carolinas, Inc. has pre-leased 50% of 1000 Social, the first of two twelve-story towers at it...
San Antonio to Toot Horn About $2.5B Airport Improvemen...
The City of San Antonio is going all in on the towns $2.5 billion airport improvement program. The Mayor and Council okayed $10 m...
Lingerfelt, Partners Group Acquire 1.2M-SF Industrial P...
Richmond, VA-based Lingerfelt, a real estate investment and asset management company, and private markets firm Partners Group, pr...
Balboa Retail Partners Acquires Hillsboro Shopping Mall
Newmark has arranged the sale of The Streets of Tanasbourne, a 372,000-square foot outdoor shopping mall in the Portland, OR subm...
SRS Completes $54M Sale of Ontario Retail Center
SRS Real Estate Partners’ Investment Property Group has completed the $54 million sale of New Haven Marketplace, a 95,000-square-...
BWE Investment Sales Hires Parker Kelly to Amp Up Manuf...
BWE Investment Sales, LLC., an affiliate of Bellwether Enterprise Real Estate Capital, LLC, has hired Atlanta, GA-based Parker Ke...
JLL Secures $84M Financing for West LA Project
JLL Capital Markets has arranged $84 million in construction financing for Overland and Ayres, a 201-unit multifamily community i...
Fox Unveils New Studio Lot Expansion in Century City
Fox Corporation has announced the expansion of its Century City, CA studios with the planned development of the FOX Future Studio...
Portland Approves Office-to-Home Conversion Incentives
Following months of discussions, the Portland City Council has approved code changes to make office-to-housing conversions easier...
Ride the Wave in North Texas
Pretty soon, The Colony will be one of the top surf spots in Texas. Fireside Surf, at 5772 Grandscape Boulevard, will be the spot...
Carlsbad 32K-SF Warehouse Trades for $12M
Colliers has brokered the $11.8 million sale of 2070 Las Palmas Drive, a 32,000-square-foot freestanding warehouse in Carlsbad, C...
CapRock Partners Closes on 131K-SF Warehouse in Phoenix
Newport Beach, CA-based industrial real estate investor and developer CapRock Partners has acquired 5810 W. Buckeye Rd., a 131,00...
Controversial Saratoga Housing Project Breaks Ground
A project in an affluent area, eased by the California state housing mandate, has broken ground in Saratoga, CA. Quito Village, a...
Leading Economic Indicators Continue to Point to a Rece...
The Leading Economic Index (LEI) fell by 0.3% in February to 11, the same percent decline as in January, according to the latest r...
The Hottest Rental Markets of 2023 So Far
While the Sunbelt has long held the title for hottest rental markets, the undersupplied Northeast has recently grown in competitio...
Could Banking Failures Actually Mean Good News For Mult...
I know what you’re thinking. This guy is trying to stretch the SVB headlines into a multifamily real estate investing story. It mu...
Mortgage Mix: GSE Fees Delayed; Sterling Pays a Pittanc...
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it eac...
Colorado Firm Affiliates With ERA Real Estate
ERA Real Estate has announced that Rimkus Real Estate, based in the resort city of Glenwood Springs, Colorado, has affiliated with...
Hersh Equity Group Taps Hiffman National to Manage Tamp...
Hollywood, FL-based real estate investment firm Hersh Equity Group has retained Hiffman National to manage four Tampa-area assets...
Monte Lee-Wen Returns to CEO Position at Austin’s Casor...
Monte Lee-Wen is back at the controls of the Austin-based Casoro Group. The Casoro Group is a multifamily real estate investment ...
Enhanced Beaumont Oil Refinery Kicks In
ExxonMobil started up its Beaumont refinery expansion project, which adds 250,000 barrels per day of capacity to one of the large...
Final Phase to Add 158 Affordable Apartments to $110M G...
Pennrose, Redevelopment Authority of Prince George’s County, B&W Solutions, and SHABACH! Ministries have broken ground on Glenard...
Nitya Capital Spins Off 43-Building San Antonio Portfol...
Rosewood Realty Group has delivered a portfolio sale with 43 buildings and 492 residential units in San Antonio. Rosewood Realty ...
Drapac Capital Partners Closes $5M Land Sale in Nashvil...
Drapac Capital Partners, an Australian-based real estate investment firm, has sold the The Parks at Cane Ridge, a 238-lot residen...
Phoenix Luxury Hotel Sells for $110M
Host Hotels and Resorts has sold The Camby in Phoenix for $110 million, or nearly $400,000 a key. AZ Big Media has reported that ...
Jones Street Investment Partners Acquires 518-Unit Mult...
Boston, MA-based multifamily real estate investment firm Jones Street Investment Partners, LLC has purchased two-property, 518-un...
Mesa’s Fiesta Mall Next to be Recreated
Most Phoenix malls had run their course. They became distressed properties and had to be shuttered. But a new era is kicking in f...
Hill Partners Pays $40M for Charlotte Upscale Retail Ce...
Charlotte, NC-based Hill Partners has acquired Specialty Shops SouthPark, a 65,362-square-foot, Class A retail development locate...
New Beach Resort, Airstrip Coming to Bolivar Beach
The Bolivar peninsula is popping. Last year, the Bolivar Beach Club and RV Resort opened up and soon, a 32 unit condo development...
Lument Adds Jennifer Athas to Real Estate Investment Sa...
Lument has hired of Boston, MA-based Jennifer Athas as managing director of real estate investment sales. She reports to COO Mike...
How And Why Real Estate Documents Grow
More often than not, there's a loophole you forgot to account for in your document.
$18.25 Million Manhattan Beach Contemporary Offers A Fr...
A pedestrian and bike path and a swath of sand are all that separate the sought-after oceanfront homes in the neighborhood from th...
U.S. Cities with the Highest GDP
Today’s infographic from the Visual Capitalist ranks the economic output of the top 15 U.S. cities from New York City to Minneapol...
Philippine Tycoon Gokongwei Eyes Post-Pandemic Recovery...
Billionaire Lance Gokongwei is stepping up investments to get his sprawling airline to real estate conglomerate, JG Summit, ready ...
Philippine Billionaire Family Bets Big On Airline, Hote...
Billionaire Lance Gokongwei is stepping up investments to get his sprawling airline to real estate conglomerate, JG Summit, ready ...
The Race to 4,000 Transactions
Scaling your business is a vital component of fiscal vibrancy. The operating leverage created in your business, and its profit and...
Supporting Agents Every Step of the Way
Corey McCloskey Vice President of Operations John R. Wood Properties, a member of Leading Real Estate Companies of the World® Napl...
What to Look for in a Retirement Community
Maybe you have realized it is time to sell your home for various reasons, and a retirement community seems like an excellent optio...
Realty One Group Experiences Success In Challenging Mar...
Realty ONE Group has announced that in 2022 the company has completed over 100,000 real estate transactions with more than $40 bil...
ERA Key Agents Receive Circle of Light Award
Laura Hebb and Carla Horn, agents in the Whitinsville, Massachusetts office of ERA Key Realty Services, recently received the ERA®...
SVB’s Risky Bailout and The Bank Run “Domino Effect”...
Both SVB (Silicon Valley Bank) and Signature Bank have crashed and burned dramatically over the past week. What once was a few lar...
SVB’s Collapse: Is Real Estate at Risk in The Fallout?...
SVB’s (Silicon Valley Bank) collapse has more to do with the housing market than you think. With bank runs becoming contagious, Am...
Heidenberg Properties Divests Hauppauge Retail Center
JLL Capital Markets has closed the sale of Hauppauge Plaza, a 34,919-square-foot, community-focused retail center on Long Island...
Rosewood Realty Brokers Deal for Clinton Hill Mixed-Use
Rosewood Realty Group has arranged the $2.452-million sale of a mixed-use building in Brooklyn’s Clinton Hill neighborhood. The f...
Mohr Capital Expands Indianapolis Logistics Park by Mor...
Mohr Capital recently added more than 800,000 square feet to Mohr Logistics Park, its master-planned industrial park in Whiteland...
CBRE Arranges Lease for Third Chicago-Area Signature Fi...
CBRE arranged a 37,000-square-foot retail anchor lease at Prairie Towne Center in Schaumburg, IL. Signature Fitness has signed a ...
ML Realty Partners Promotes Tim Geisler to SVP
Tim Geisler has been promoted to SVP from VP at ML Realty Partners. Geisler has been with the company for 15 years. “Tim has succ...
Amy Sands Joins RPT Realty as Head of Investments
RPT Realty has appointed Amy Sands as EVP, head of investments, effective May 8, 2023. She’ll be based in the company’s New York ...
Cushman & Wakefield, JRT Serve Up Shake Shack Lease at ...
Cushman & Wakefield and JRT Realty Group arranged a long-term, 3,380-square-foot lease with Vornado Realty Trust for Shake Shack ...
Brown Harris Stevens Signs Office Lease with Clarion Pa...
Clarion Partners, LLC and Kaufman Organization said that Brown Harris Stevens, a luxury residential real estate firm specializing...
XS Tennis Village CEO Plans Housing Complex in Bronzevi...
The founder and CEO of XS Tennis Village in Chicago wants to build an $11-million housing complex on vacant, city-owned land that...
Development Site for Fulton Market Lab Building Listed ...
Chicago developer Mark Goodman has hired CBRE to market a Fulton Market property at 400 N. Elizabeth St. to prospective investors...
Highlights from the 2023 State of Hispanic Homeownershi...
2022 began with an extremely hot real estate market fueled by record low interest rates. Competition for single-family homes was a...
City Council Enacts Ordinance to Boost Traffic Safety, ...
The Chicago City Council enacted the Smart Streets Pilots Ordinance, a new measure establishing two downtown pilot programs inten...
Anticipating the Debt Maturity Onslaught
Note: This is the first in a series of Weekender articles about debt maturities and their impact on commercial real estate. Over ...