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The institutional-fund manager acquires Surf at 39, a 400-unit, coastal-infill multifamily asset here, and intends to upgrade units to meet tenant needs but keep it as a workforce-housing community.
Last-mile industrial is bringing new life to outmoded facilities that are well located, and rent spreads between classes are expected to continue tightening as more last-mile users target these spaces, C&W's Jeff Chiate tells GlobeSt.com.
Despite the encouraging number of residential-construction jobs being added to the market in December 2017, productivity needs to increase in order to meet inventory demand, says First American's Mark Fleming.
Online sales, increased tenant demand and small businesses' resurgence under the new administration are the driving forces behind institutional investors' newfound appetite for this product type, BKM's Brett Turner tells GlobeSt.com.
Steadfast Cos. renames its capital-markets group Stira and its global credit fund offered with Alcentra to Stira Alcentra Global Credit Fund to reflect its commitment to help the people of Nepal rebuild after its devastating earthquakes.
The trend toward more dynamic offices isn't just for creative and tech firms, as demonstrated by Ware Malcomb's redux of Marsh & McLennan Insurance Agency's new Orange County office here.
The City of Orange approves the development of a 402-bed student-housing building and adaptive reuse of a local historic asset for use as a museum and student-services center for Chapman University.
The severity of the opioid epidemic is causing people to seek new, natural, alternative medicine and therapies such as acupuncture to treat their ailments, Modern Acupuncture's Chad Meisinger tells GlobeSt.com.
Third-party logistics operators and facility owners are benefiting from a rapidly rising rate of product returns as many retailers outsource their reverse-logistics operations to cut costs and gain maximum efficiencies, CBRE reports.
The market is disproportionately impacted in a negative way by the tax bill, so the high-end housing sector here may see some softening of demand now that the GOP's bill has passed, ATTOM Data's Daren Blomquist tells GlobeSt.com.