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PHILADELPHIA-Of 22 low- to moderate-income housing programs that will receive funding from the Federal Home Loan Bank of Pittsburgh, nine are in Philadelphia. The grants leverage $106.4 million in development costs for more than 900 units.
ATLANTA-Spurred by rent cuts and concessions, Atlanta's apartment market realized solid demand during the April-June quarter for the first time since summer 2000, according to a study released this week by Dallas-based M/PF Research. Monthly rents average $800 a unit.
PHILADELPHIA-Westmoreland County-based Premium Molding LLC obtains a $2.9-million low-cost loan from the Pennsylvania Economic Development Financing Authority to build an 80,000-sf plant in the Westmoreland Airpark development outside Greensburg, PA.
PHILADELPHIA-Large amounts of empty speculative office space combine with an increase in subleases and continuing new construction to push the suburban Cincinnati office vacancy rate toward 16% in 2002, according to research by Encino, CA-based Marcus & Millichap's Cincinnati office.
ATLANTA-The Philadelphia-based firm's new office is headed by Daniel B. Lambert, a 30-year real estate veteran. Legg Mason Real Estate Services has 19 offices in 10 states.
PHILADELPHIA-The local subsidiary of Baltimore-based Legg Mason Inc. bolsters its investment advisory group by hiring the 16-year commercial real estate veteran. Enda Bracken moves from AIG to direct asset management at LMRES and pursue a broad spectrum of property types.
ATLANTA-Bank of America, Penske Logistics and a local fast food supplier are taking space at the two-building, 287,520-sf property near Hartsfield Airport for an estimated aggregate rent of $2.17 million. The speculative joint venture between Lincoln Property and AIG was completed last month.
PHILADELPHIA-Large amounts of empty speculative office space combine with an increase in subleases and continuing new construction to push the suburban Cincinnati office vacancy rate toward 16% in 2002, according to research by Encino, CA-based Marcus & Millichap's Cincinnati office.
ATLANTA-The locally based provider of insurance services leases 6,500-sf in Franklin, TN-based Cumberland Advisors' six-building, 209,800-sf class-A office property in the Nashville suburb of Franklin.
ATLANTA-At mid-year, Atlanta's office absorption stands at its lowest in a decade, according to Richard Bowers, president of locally based Richard Bowers & Co. Overall rental rates average $21.53 per sf. Buckhead leads the submarkets at $26.34 per sf.
From 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 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.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
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
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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 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.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
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
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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