Affordable Artist Enclaves
Perhaps like affordable housing initiatives, it would be beneficial for cities to create “affordable artist enclave zones”.
Over the last few years the commercial office market has garnered its fair share of the news led by the high-flying WeWork phenomena. What has not hit the front page until last weekend in the New York Times Real Estate Section, is the rising rents for lofts and studios that have been the home to artists. Once edgy neighborhoods or off-the-beaten-track locations where painters, potters, guitar makers and the like called home to their craft, are now “hot” neighborhoods. Alas, artist enclaves that were an important part of the urban environment are increasingly becoming a thing of the past. New York’s SoHo is one such example, where once upon a time the area thrived with creative types only to be displaced by Apple, Max Mara, Cartier and Prada, to name just a few. Most cities have their arts districts, and few are avoiding the increases in rent that cause the artists to move on. For example, it is not unusual for a New York City loft that cost the artist $1,000 month to have their rent jacked-up to $2,000, an increase most cannot afford. Perhaps like affordable housing initiatives, it would be beneficial for cities to create “affordable artist enclave zones”. It would be good for the city, good for the artists, and good for our culture.
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SITUSAMC Analyst – Hanover Street Asset Management (NYC)
(NEW YORK, NY) Role will initially support the Asset Management team in managing, monitoring and reporting on the performance of the Client’s portfolios of commercial real estate loans. This will involve working closely with the Client, Portfolio Management and Servicing teams to deliver accurate, timely and consistently high quality services. This position is for an Analyst who will work as part of the Asset Management team and then once trained may transition to working in the CRE Credit Team, reviewing and supporting lending decisions.
INTEGRIS HEALTH System Director Realty
(OKLAHOMA CITY, OK) The System Director Realty will be responsible for all financial and operating activities of INTEGRIS Realty LLC(IR) including the site selection, development, purchase, disposition, lease and/or management of real property of INTEGRIS and its subsidiaries excluding hospital licensed property.
AVALONBAY COMMUNITIES, INC. Development Director
(BELLEVUE, WA) Role will manage all phases of the development of multifamily rental communities, including market analyses, financial analyses and budgeting, design conceptualization, management and selection of the design development team, and management of the entitlement process such as presentation before municipal and other regulatory boards and community and neighborhood groups.
CBRE Capital Markets Operations Analyst
(CHARLOTTE, NC) Position will be responsible for performing specific and overall support for department. This includes conducting moderate to complex research and analysis of commercial real estate properties, loans and portfolios; using aggregate data from multiple sources to assist in creating a complete analysis, improvement and/or recommendation; and assisting in the coordination and implementation of strategic platform strategies.
URBAN LAND INSTITUTE Manager, Product and Event Marketing
(WASHINGTON, DC) The Manager, Product & Event Marketing, will implement marketing plans to position and promote ULI products and events as part of the Institute’s overarching marketing strategy. These include conferences, online and in-person learning programs, award programs, and revenue-generating publications created by ULI’s research centers and member authors.
REALTY INCOME CORPORATION Vice President, Property Management
(SAN DIEGO, CA) Role will involve evaluating workflows and procedures, integrating new systems and technologies, as well as implementing staff feedback for any department improvements. This includes identifying opportunities for increasing revenue potential, including proposing and justifying capital improvements to enhance the asset’s value, optimizing return on investment, and promoting long term financial growth for portfolio.
LENDLEASE BTR Operations Director
(LONDON, UNITED KINGDOM) Role will be critical to the development and success of the UK team, and will be responsible for the profitable operation of the apartment community, while providing excellent customer service and asset prevention and enhancement. Given the infancy of the BTR portfolio in the United Kingdom, this role will also support the Head of Build to Rent to develop processes, systems and team needed for the success of the business.
(BALTIMORE, MD) As a Valuation Specialist (Appraisal Specialist) within PNC Realty Investors organization, successful incumbent will be based in Washington, DC or Baltimore, MD. Position will oversee the valuation process for real estate assets of the AFL-CIO Building Investment Trust (“BIT”), serve as the lead contact with the appraisal management firm, and work with this firm to engage other third party appraisal firms as applicable.
STACKSOURCE Market Leader – New York
(NEW YORK, NY) StackSource is seeking a real estate finance executive to manage origination for the New York office. Position will initially be focused on establishing the brand in the market and originating commercial mortgage loans. With “proof of market” and pipeline growth, activity will transition into a higher-end, market leadership role, responsible for building and leading originations team in the region.
LIVE NATION ENTERTAINMENT SVP of Real Estate Development
(BEVERLY HILLS, CA) The SVP of Real Estate Development of US Concerts will be responsible for determining the venue expansion strategy of the concerts business in conjunction with business unit leaders and venue operators. Informed by connectivity and insight into market dynamics, executive will be responsible for selecting new concert venues and locations based on their understanding of market trends, demographics, and regional preferences, among other factors.