Commercial real estate instant insights for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
“At just 4.1%, the Greater Philadelphia vacancy rate is considered 'typical' by local standards at the peak of a construction boom highly concentrated within Center City,” says Gebroe-Hammer's Eli Rosen.
With the need for affordable housing continuing to grow nationwide, low-income housing tax credit/LIHTC and rural housing programs allow more properties to be developed.
The financing provided by Rialto Capital Management will help pay for tenant allowances and landlord work associated with newly signed restaurant leases, along with the costs of leasing remaining vacancy at its Wynwood properties.
Block chain, technology in brokerage and technology use by landlords were the hot buttons of conversation during the two-hour presentation by some of CRE's best and brightest last week.
As part of a larger sweeping government reorganization plan, the Administration is seeking to increase private market competition in the mortgage finance system. Meanwhile FHFA wants to establish new capital requirements in the enterprises' mortgage guarantees and portfolio holdings.
Developers have focused on big box construction, but with more need for last-mile distribution facilities, developers are turning their focus to smaller builds.