Southeast

Bill Zonghetti and Larry Bank will join the company as executive vice presidents.

Davis, Kellogg and Morrison have worked as team for more than four years and bring 40 years of combined experience in the Orlando office market.

The combined company brings together two complementary portfolios, increasing the size, scale, and diversification of the new entity.

BC could use the potential cash injection to help develop existing businesses plus new strategies like real estate and credit, one of the people said

The 500,000-square-foot office development in the West Midtown submarket along the 17th Street corridor, will consist of two distinct buildings.

Forecasts for commercial real estate prices in 2020 and 2021 are expected to fall below the long-term average growth rate for the first time since 2011.

With the additional guidance provided with these new regulations, I expect to see a significant uptick of investments in those and other areas in South Florida, including Coral Gables, Allapattah, and up the coast into Fort Lauderdale and Hollywood.

WashREIT will close on the Maryland portion of the portfolio in the second quarter.