National

Freddie Mac forecasts that multifamily originations will grow to $336 billion in 2019.

“A break-up strategy allows for new and unseasoned investors or buyers to purchase a single tenant asset as a part of a larger successful shopping center that they probably couldn’t afford as one large investment.”

According to one panelist who will speak at the upcoming CREW Network Convention, three opportunities include: big data and artificial intelligence; sustainability as a driver of innovation; and tenant experience.

A new report shows that Phoenix is a top market for new and expanding industrial users.

The mixed-use building at 147 E. Santa Clara St., dubbed The Icon, will be aimed at residents seeking a blend of the urban environment offered by Silicon Valley while providing access to public transportation options.

Developers are less bullish on industrial and multifamily projects three years down the road.

The $47.5 million property was bought by Deka’s open-ended and dollar-denominated North America Fund, and marks its third US acquisition during the past nine months and first in Oregon.

Century West Partners and Fifield Cos. has shifted away from high-rise urban-core apartment developments to semi-urban mid-rise projects.