Erika Morphy

National

High Flyers

January 22, 2019

On the real estate front the indicators parallel the news in the sky.

Chicago

Rockwell Completes 356-Unit Deconversion of Huntington Condominiums

January 22, 2019

“Huntington is another example of a residential complex located in an extremely vibrant community that suffered as a result of the economic downturn of the last decade."

Chicago

Englewood Construction Adds Mayor Casey Urlacher to Business Development Team

January 22, 2019

Urlacher will hold this position while continuing his work as Mayor of Mettawa, IL.

Atlanta

Atlanta Office Market Finishes Year on High and Low Notes

January 22, 2019

Atlanta’s office market ends last year’s fourth quarter with the highest net absorption of the year.

Retail

The Changing CRE Retail Market in South Florida

January 22, 2019

"We’re seeing advancements in in-store technology like augmented and virtual reality (AR and VR) being used by retailers to create digital showrooms that allow shoppers to browse entire product lines from a headset."

Multifamily

A Blueprint for Multifamily Success

January 22, 2019

Pollack Shores Real Estate sells its first multifamily community in Tampa that was the source for many of its later ideas and programs.

Washington, DC

Arlington Portfolio Sale Illustrates Amazon Effect

January 22, 2019

“We listed the properties the day after Amazon announced it was locating its headquarters here. The properties were under contract within hours with two at the full price.”

National

This Year’s Winners and Losers In The Multifamily Markets

January 22, 2019

Boston, Chicago and New York City will see more supply than demand this year.

National

Poll: CRE Professionals Expect More Momentum in 2019

January 22, 2019

Berkadia’s new poll reveals focus on interest rates, GSE lending and the ever-growing use of technology.

International

Global CRE Volumes Reached $733B Last Year

January 21, 2019

This year, JLL projects investment volumes will be approximately 5 to 10% below the 2018 total.

Cleveland

Gorjian Completes 27th Property Purchase in 12 months

January 18, 2019

“This latest acquisition brings our national ownership interest portfolio to 60 properties totaling 7 million square feet.”

Chicago

2019 Set To Be A Strong Year for Chicago Industrial

January 18, 2019

"The industrial pipeline is incredibly strong and we have not seen anything to slow that down."

Miami

$1B Miami Condo Enters Crowded Market

January 18, 2019

A prominent South Florida lender explains why luxury condos continue to draw financing.

Miami

A Super Bowl for Miami Hotel Sales?

January 18, 2019

The city’s first hotel sale this year for the $48.65M Pullman Miami Airport Hotel kicks off a trend.

Atlanta

An Atlanta Two-For-One

January 18, 2019

The new dual-branded property marks some ‘firsts’ for Marriott and Moxy, including the first Moxy property in Georgia.

National

The Top Multifamily Lenders for Freddie Mac in 2018

January 18, 2019

The GSE closed $78 billion in total product last year and securitized a record $72.8 billion.

Cincinnati

TBS MES Purchases Franklin Headquarters

January 17, 2019

CBRE’s Beau Nimer represented TBS MES in the purchase.

Chicago

Urban-Like Suburban Locations See Robust Office Market

January 17, 2019

“What draws investors to places like Evanston is that you can get good operating fundamentals but pay less for the same kind of properties."

Retail

Retail's Equal Opportunity and Risk

January 17, 2019

A CBRE retail expert offers some investment suggestions for Florida and the Southeast United States.

Miami

South Florida’s Economic Outlook: Sunny

January 17, 2019

A South Florida law firm’s survey predicts more investment capital and an even better commercial market for 2019 -- thanks to the Tax Cuts and Jobs Act

Carolinas

CRE Companies Continue Flirtation With Carolinas

January 17, 2019

Greysteel opens its 13th office in Charlotte with the promise of more to come.

Boston

REIT to Sell 20 Travel Centers in $308M Sale Leaseback

January 17, 2019

Hospitality Properties Trust expects to realize a gain of $160 million from these sales.

Washington, DC

New EYA/Bernstein Venture Launches

January 17, 2019

For its first project Boston Properties sold the venture the 375-unit Tower Oaks project in Montgomery County.

National

Multifamily Appears Most Popular For Opportunity Zone Investments

January 17, 2019

“The Opportunity Zone program appears to be attracting significant amounts of capital, and many investors we have spoken to have mentioned multifamily as perhaps the best property segment for investment under the program."

National

Eddie Lampert Wins Sears Bankruptcy Auction; 400 Stores To Be Kept Open

January 16, 2019

The retail real estate industry will likely have mixed feelings about Sears’ second life.

Industrial

Opus Completes Industrial Building in the Beacon Bluff Business Center

January 16, 2019

The Beacon Bluff Business Center is an 11-parcel office and industrial redevelopment being constructed on 40 acres of previously contaminated land.

Chicago

Chicago’s Opportunity Zones Draw Multifamily Demand

January 16, 2019

“The south side of Chicago presents a unique opportunity for apartment building investors to achieve exceptional cash flow and still have good appreciation potential."

Multifamily

New Multifamily Teams Joins Cushman & Wakefield

January 16, 2019

Nicholas Meoli and Michael Donaldson have closed over 27,000 multifamily units worth more than $1.4 billion.

Orlando

Florida’s Recession Chances Rated Low

January 16, 2019

ORLANDO--If you wonder about chances for a statewide recession this year, the Florida Chamber of Commerce has an answer: Odds are slightly better than…

Atlanta

Atlanta Suburbs Tops in Rent Increases

January 16, 2019

Chamblee and Norcross lead RentCafe’s list of nation’s 20 most popular suburbs for renters.

Washington, DC

PBS to Relocate 120,328 SF Within National Landing

January 16, 2019

“The relocation and extension of the PBS lease is also indicative of our plan to retain and attract diverse industries to National Landing, including associations and non-profits.”

National

Surprise! Coworking Does Not Erode Property Values

January 16, 2019

Nearly 40% of the office deals with a coworking component achieved values greater than the average for their market, a CBRE study found.

National

Short On Infrastructure

January 15, 2019

While Washington shuts down the government over a border wall, the infrastructure of our cities is crumbling.

Chicago

Assemblers Extends 270,789-SF Lease

January 15, 2019

The space acts as one of three Chicago-area properties for the company’s third-party food production business.

Industrial

Louisville Industrial Closes Out Banner Year

January 15, 2019

“We capped off a historic year with the most activity we have ever seen."

Atlanta

New Development Proposed at Atlanta's "Pill Hill"

January 15, 2019

The project includes two towers with four floors of medical office, assisted living, a dual brand hotel and a retail component.

Multifamily

Coral Gables: The Fortress Condo Market

January 15, 2019

The condo market in this area of South Florida is different from Miami.

Miami

Finding the Right Mix of Property Uses

January 15, 2019

Terra's David Martin discusses product mix, what it means to ‘curate’ tenant rosters, urban versus suburban developments and other subjects.

National

Colliers Appoints Co-Heads to Lead Capital Markets Platform

January 14, 2019

David Amsterdam and David Kotansky are based on the East and West Coasts.

Slower GDP Growth Is Not A Negative For CRE

January 14, 2019

Good and stable is better than fast growth, as it is sustainable for the longer term.

Chicago

Rogers Park Continues To Attract Out-of-Town Investors

January 14, 2019

The sale of the 81-unit apartment set a per-unit record for vintage apartment buildings in the area.

Chicago

First Logistics Takes 331,059 SF in Spec Development

January 14, 2019

The deal, which closed at the end of 2018, was the largest industrial lease of the year.

Atlanta

An Urban Revolution in Suburban Atlanta

January 14, 2019

A recent Central Perimeter sale illustrates how suburban areas in Atlanta are becoming urban enclaves standing on their own.

Miami

A Good Stop for the Aztec Group

January 14, 2019

Aztec Group arranges $142 million financing for a well-located, transit-oriented multifamily community in Miami.

Miami

Miami Condo Developer Says No More

January 14, 2019

This prominent and successful condo developer even during the recession says the market is full and he’s now looking farther north.

National

What We Can Learn From the Opportunity Zone Comment Letters

January 14, 2019

Comment letters give a sense of how developers are thinking about using the Opportunity Zones.

Chicago

Prospect Heights Hotel Changes Hands

January 11, 2019

Palwaukee Hospitality purchased the 108-room hotel for an undisclosed price.

Chicago

Mondelez Taps Fulton Market for Global Headquarters

January 11, 2019

“Fulton Market is continuing its transformation into one of the most sought-after areas in the country for prime office and retail space."

Features

JAXPORT Owed Some Respect

January 11, 2019

When it comes to Florida ports, smaller Jacksonville has also been growing its record-setting cruise and commercial business.

Miami

A Not-So-Routine Sale in South Florida

January 11, 2019

Avison Young negotiates $33M sale of rare 71-acre Miami waterfront property.

Atlanta

Future-Ready Workplace Fuels BOA Plaza Leasing

January 11, 2019

Tech-spec suites and a $10 million renovation leads to a banner year at Atlanta’s Bank of America Plaza.

National

Here's Why the Multifamily Cycle Still Has Room to Run

January 11, 2019

The market is about to embark on another year of about 300,000 deliveries, making supply the biggest obstacle to rent growth.

Hotels

Ashtabula To Develop First Hotel in 99 Years

January 10, 2019

The City Council of Ashtabula unanimously approved a 10 year, 75% tax abatement for the 25,000-square-foot development.

Chicago

Edens Plaza Sells for $72M

January 10, 2019

"Retail has always been an evolving property type and this center has just continued to keep up with the evolution."

Industrial

Northeast Florida’s Industrial Boom Predicted to Continue

January 10, 2019

A half million square feet of industrial construction is planned but Jacksonville vacancy rates will remain low.

Miami

South Florida Condos: Reaching New Heights

January 10, 2019

Foreign buyers’ return to the market is a positive sign for future sales.

Atlanta

Atlanta Emerges As Top-Tier Industrial Market

January 10, 2019

A backbone of Georgia’s strong industrial industries and e-commerce led to a record year for Atlanta and no let-up is predicted this year.

Washington, DC

Cybersecurity’s Growing Role In DC Region's Office Demand

January 10, 2019

A 4.1% increase in 2019 federal spending to strengthen federal networks against cyber-threats is expected to fuel demand for office space by these companies.

National

Another Sign We Have Become A Renter Nation

January 10, 2019

Renting a three-bedroom property is more affordable than buying a median-priced home in or 59% of US counties analyzed by ATTOM Data Solutions.

Chicago

AADE Moves, Expands with 18,500-SF Lease

January 09, 2019

“The building has a strong first-class presence that would support their mission and satisfy their membership that the organization is good steward of the organization’s resources."

News

Ashley Furniture Distribution Center Sells for $10M

January 09, 2019

The 119,680-square-foot building, which is located at 97971 Green Park Industrial Dr., was sold by an affiliate of private equity group Mohegan Capital.

Orlando

Another Orlando Booming Market: Office Sharing

January 09, 2019

Landlords and office building owners are increasingly relying on coworking spaces to fill buildings.

Miami

Colliers’ Larger Footprint in South Florida

January 09, 2019

The company says it is meeting rising industrial/office demand by acquiring still another firm.

Atlanta

More (Much More) Than Just a Hiking-Biking Trail

January 09, 2019

A new CBRE study finds the Atlanta BeltLine’s raised office rents by 70% and retail by almost 60%.

Washington, DC

Confirmed: JBG Smith Sells Warner Building For $377M

January 09, 2019

“With the sale of The Warner Building we have closed over $760 million of asset sales and recapitalizations.”

National

Meet Freddie Mac’s New Multifamily Head

January 09, 2019

Debby Jenkins has been with Freddie Mac since 2008.

National

Real Estate Forum Wants To Hear About Your Best 2018 Deals

January 08, 2019

Did you close a major deal in 2018? Real Estate Forum wants to hear from you.

National

Real Estate Forum Wants To Hear From Net Lease Influencers

January 08, 2019

If you are someone who has made an indelible impact on their line of business through contributions to the industry, or via extensive deals and projects we want to hear from you.

National

Quirky CEO

January 08, 2019

I enjoy learning about great leaders and what makes them great. Herb Kelleher is close to the top of my list.

Miami

Coming Up Quickly for CRE in 2019: Three Trends

January 08, 2019

Miami-based APEX founder explains why he believes these trends will be significant.

Multifamily

'Perfect Time' for Broward

January 08, 2019

Boardwalk Properties closes on its latest multifamily project in South Florida for nearly $120 million.

Atlanta

Sandy Plains Centre Gets Million-Dollar Facelift

January 08, 2019

MARIETTA, GA -- The Sandy Plains Centre in suburban Cobb Country had a key location and powerful grocery store anchor, Kroger, and other advantages…

National

Capital Investment in College Buildings Soars to 11-Year High

January 08, 2019

However, Sightlines Report finds that aged buildings on campuses indicates even more capital is needed.

National

Private Equity’s Strong Appetite for Risky CRE Funds

January 08, 2019

While fundraising in value add and opportunistic funds was up last year, core and core-plus had dropped dramatically.

Washington, DC

How the DC Region Fared In 2018

January 08, 2019

WASHINGTON, DC—For all of 2018, net absorption for the Washington, DC region registered 2.6 million square feet—the highest annual total since…

Chicago

Chicagoland Quad Cities Renews 400,000-SF Lease

January 07, 2019

With this lease, that brings the total space occupied in the area to more than 500,000 square feet.

Carolinas

Carolina On Their Mind

January 07, 2019

A Tampa-based company’s high regard for North Carolina multifamily leads to their latest of a dozen investments there.

Miami

South Florida's Multifamily Market Poised for Slowdown This Year

January 07, 2019

South Florida’s multifamily growth is headed for a slowdown this year but new investment opportunities are also opening up.

Hotels

Florida Hospitality Market: Investment Magnet

January 07, 2019

HFF makes still another sale of $100 million for two waterfront properties in the Tampa Bay area.

National

CRE Brokers Made More Money in 2018

January 07, 2019

Survey says brokers also expect to be in the real estate business for the rest of their careers.

National

2019: It’s Time To Get Disciplined About Pricing

January 07, 2019

That is among the observations Goldman Sachs’ Joe Gorin has about the coming year.

National

Colliers Acquisition Makes It Largest Manager of Federal Gov’t Properties

January 07, 2019

CBRE’s four offices in Richmond, Norfolk, Charlottesville and Fredericksburg will be rebranded as Colliers International.

Washington, DC

DC Population Reaches 43-Year High

January 04, 2019

“Mayor Bowser stated that the District should reconsider height limits to increase the amount of housing, particularly affordable housing.”

Multifamily

Not Just Another South Florida Condo

January 04, 2019

The ultra-luxurious condo is the first new oceanfront residence in Delray Beach in more than 30 years.

Retail

Retail Takes a Right Turn

January 04, 2019

A wait-and-see conservative attitude for the new year is proving positive for Jacksonville retailers.

Chicago

RREEF Acquires Grocery-Anchored Elston Plaza

January 04, 2019

The purchase by RREEF is meant to strengthen the REIT’s holdings based on sector, geography and tenant base.

Atlanta

Seeing Stars At Pinewood Forest

January 04, 2019

The new live-work-play Pinewood Forest community in an Atlanta suburb is a trendsetter where the most recent addition was a unique theatre.

National

Intermodal Rail Growth Linked to New Industrial Opportunities

January 04, 2019

US intermodal volumes have consistently outpaced carload volumes in recent years.

National

It’s No Longer a Sellers' Market for Net Lease

January 04, 2019

“I would put it as the best pricing days are more more likely behind than in front of us.”

Multifamily

Class A Multifamily: Too Much of a Good Thing?

January 03, 2019

Why fears of too much Class A new apartment construction is among drivers of investor demand for workforce housing.

Atlanta

Atlanta Apartment Builder Enters Active Adult Market

January 03, 2019

Pollack Shores’ Real Estate Group details some whys and where’s of its first venture into age-targeted housing along Florida’s Space Coast.

Features

NAI Global Goes Off the Beaten Track

January 03, 2019

NAI Global explains why it is opening three new offices in secondary Southeastern US markets.

National

Workforce Housing Forecasted to Outperform Multifamily

January 03, 2019

There is a strong demand for workforce housing apartments with the shortage expected to continue in 2019.

National

Welltower to Buy MOB Portfolio for $1.3B

January 03, 2019

The portfolio consists of 3.3 million rentable square feet in major metropolitan markets across 16 states.

Development

Jacksonville’s Population Mix Creating New Needs

January 02, 2019

As more cities emulate this Florida city’s majority-minority trend, what will be the impact on commercial real estate?

Retail

Sears Store Future: Residential/ Commercial Mix

January 02, 2019

Is re-positioning of Sears at Westshore Mall and other retail changes in Tampa a model for what to expect from other future developments?

Atlanta

The Future Scope of Coworking Space

January 02, 2019

Regis is Atlanta’s largest coworker office space provider with 45% market share.

Washington, DC

JGB Smith Sells Warner Building For $377M

January 02, 2019

The REIT is rapidly shedding assets as it prepares for its all-in push to develop National Landing.

Nashville

Omega Healthcare to Acquire MedEquities Realty in $600M Deal

January 02, 2019

Omega CEO Taylor Pickett says the acquisition reinforces the company’s commitment to the skilled nursing and senior housing industry.

National

Secondary Market Limitations for SFR Loans

January 02, 2019

Apart from a select few institutional investors that have access to the capital markets, there are limited secondary market opportunities for SFR loans with middle-tier investors, according to a white paper by Freddie Mac.