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John Jordan is a veteran journalist with 36 years of print and digital media experience.
BALTIMORE—Zom Holding Inc. plans to build a 350-unit apartment building near the Inner Harbor. The Orlando, FL-based developer is reportedly in talks with the owner of the former University of Maryland Specialty Hospital on how it could build the project on the more than two-acre parcel.
HAMPTON, VA-Brick, NJ-based Tryko Partners has acquired the 580-unit Peninsula Grove apartment community here and plans to immediately launch an $8.5-million capital improvement program at the property.
NORWALK, CT—Lowe's Home Improvement has signed a long-term ground lease for its new one-story 150,000-square-foot store to be built at 100 Connecticut Ave. here.
COLUMBUS, OH—CBRE Group has named Norman Bertke as executive managing director of its asset services east region. Bertke, who will be responsible for leading the east region's operations, will be based in Columbus, OH.
BLOOMFIELD, NJ—Bechtel, a San Francisco-based engineering, project management and construction company, has leased 23,000 square feet of space at Broadacres Office Park here.
HARRISON, NJ—The Hampshire Companies and CrownPoint Group, LLC say they will develop a 104-unit apartment complex on Bergen Street here. Construction on the project is expected to begin in the second quarter of this year.
NEW YORK CITY—Jones Lang LaSalle reports that leasing activity in New York significantly increased in the first quarter of this year as compared to a year earlier. In fact, large lease deals of at least 100,000 square feet doubled during that time period.
GAINESVILLE, FL—Construction firm Skanska reports that it has signed a contract valued at $225 million to build an expansion of the UF (University of Florida) Shands Cardiovascular/Neuroscience Hospital here.
WASHINGTON, DC—Tishman Speyer is reportedly planning to add four floors to its 2000 K St. NW office building here, which it acquired late last year.
ALEXANDRIA, VA—US District Court Judge Anthony Trenga has ruled against Jones Lang LaSalle's claim that it was due a multi-million dollar commission in the National Science Foundation's massive headquarters lease in Alexandria, VA.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
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Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource