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“This class A property at the front door to the historic Country Club Plaza will be a long-term investment for us," says City+Ventures' Chris Erickson.
Portland remains a key target market for Vista as it represents a relative value compared to more mature markets of Seattle and the Bay Area, while demonstrating similar market fundamentals and demographics.
With the hope of securing seed funding for its future Southwest campus, the Austin Community College District looks to improve the quality of life for students by monetizing an underutilized office building.
Habitat Group broke ground on Smart Brickell Tower 1 on March 29 and expects delivery in the first quarter of 2021. Vanegas says the firm hopes to begin construction in the third quarter of this year on Smart Brickell Tower 2 and deliver that project sometime in 2021.
“Our decision to invest in these capital improvements will increase the overall quality of the property, while continuing to attract top-tier tenants,” says Nahla Capital's Andrew Liebhafsky.
With the majority of the CRE brokerage industry close to retirement, and the pool of traditional CRE talent constantly shrinking, it's time for the industry to be more proactive about diversity and inclusion and it is now becoming a competitive advantage.
"Cornerstone Apartments represented an opportunity to acquire a well-located asset at an attractive discount to its replacement cost," says David Nelson, Hamilton Zanze's managing director of acquisitions.