NEW YORK CITY—Mission Capital’s Michael Britvan anticipates broad-based interest from REITs and other institutional investors that are drawn to “the cash flow that these properties generate.”
IRVINE, CA—Not everyone is comfortable with transacting real estate using an auction platform, which is why the firm that made its name using that method will soon be offering a mix of auction and traditional transaction options, CEO Tim Morse tells GlobeSt.com EXCLUSIVELY.
SKOKIE, IL—Although the oil slump has curtailed construction in the oil-dependent regions, an expanding economy should continue to drive use of the material, says industry group PCA.
- CalPERS Closes on Big Midtown Buy
- Columbia Square’s Residences Are Almost Here
- Rate Increases Top of Mind for CRE
- HUD Updates MAP Guide To Further Encourage Affordable Housing Development and Recapitalization
- Changes for Biotech in the Next Decade
- Booming Doral Gets in on Alternative Workspace Trend
- Left – Right – Left
- Industrial Properties Trust Acquires Leased-Investment
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PHILADELPHIA—Commercial real estate developers around the Northeast are more interested in Philadelphia because of its lower cost of living and the ability to earn money from projects here, according to industry leaders on the opening panel at yesterday’s RealShare Philadelphia conference. More than 300 industry participants attended the program.
BOISE, ID—Institutional capital is still eager to invest in the middle-market lending niche.
NEW YORK CITY—The 145-unit building features a tony Central Park West address.
Local Market Headlines
- Cornerstone Expands its Health Care Portfolio
- Student Housing Ready for 2017 Move-Ins
- Regent Retains Key Tenant With Upgrades
- Developers Bullish Amid Expansions
- Newly-Developed Retail Property Refinanced
- Meridian's Largest Acquisition in a Year
- Living on Easy Street Becomes a Reality
- Panattoni Completes Two I-355 Specs
Facing continued slow and steady growth in US GDP, heightened global uncertainty and lower yield expectations, institutions don’t anticipate tapping the brakes on investment any time soon.