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News

Gilbane Development to Begin $400M in New Student Housing Projects

John Jordan | September 19, 2018

All of the student housing buildings are expected to begin operations by the fall of 2020, with the exception of the Octave at the University of Illinois Urbana-Champaign project, which is scheduled for a fall 2019 occupancy.

News

Mayo Clinic Embarks on $190M Expansion of Rochester Campus

John Jordan | September 19, 2018

The Mayo Clinic is partnering with Singapore-based Pontiac Land on the $190-million project that will also include hotel space.

News

Equity Residential Buys SkyHouse Denver High-Rise

John Jordan | September 19, 2018

SkyHouse Denver also includes 6,650 square feet of street-level retail and parking for 485 vehicles.

News

CapitaLand Buys US Apartment Portfolio For $835M

Erika Morphy | September 19, 2018

The 3,787-unit, Class B portfolio is located around Seattle, Portland, Los Angeles and Denver.

News

Avison Young Launches Life Sciences Group

John Jordan | September 19, 2018

The new group will span 10 regional markets in the U.S., Canada, Mexico and Europe and comprise 17 Avison Young leasing professionals.

News

‘It’s Time, DC’ Starts Ad Campaign to Restrict Short-Term Rentals

John Jordan | September 19, 2018

The ad campaign began this week and features DC residents and community leaders calling on the City Council to crack down on commercial hosts buying up homes to rent short-term on Airbnb and thus depleting the district’s affordable housing stock.

News Research

Rising Wall Street Profits Continue to Lift All Boats

John Jordan | September 19, 2018

Securities industry pre-tax profits totaled $13.7 billion in the first half of 2018, an increase of 11% from the mid-point of 2017, according to a report released by New York State Comptroller Thomas P. DiNapoli.

News

Nonprofit Uses Pay from Savings Plan for Upgrades

Lisa Brown | September 19, 2018

Even with incentives from utilities and the government, Mercy Housing needed a more creative solution so it partnered with Bright Power to upgrade 80 properties, GlobeSt.com learns in this EXCLUSIVE.

News

Woodbine Legacy Investments Begins Renovation of W Atlanta-Buckhead

Steve Lubetkin | September 19, 2018

As it marks 10 years as a W destination, the luxury hotel launches a top-to-bottom update to restore its edge.

News

Humanscale Leases 155K SF at Rockefeller Group Logistics Center

Steve Lubetkin | September 19, 2018

The ergonomic office-solutions company joins the tenant roster at a 2.1-million-square-foot logistics hub in Piscataway, NJ.

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Affordable Housing Remains a Top Priority in Seattle

Lisa Brown | September 19, 2018

The recent purchase of Link Studios Apartments represents Mt. Baker Housing’s first new construction and a rare open-market acquisition by a nonprofit developer for affordable housing.

News

The American Skyscraper Rises to Prominence

Lisa Brown | September 18, 2018

The current skyscraper building boom falls short of the 80s, the country’s busiest building boom by far, when skyscraper construction activity in Dallas was only surpassed by New York City, Chicago and Houston.

News

WeWork Says It's Manhattan’s Largest Occupier of Private Office Space

Betsy Kim | September 18, 2018

Leasing 5.3 million square feet, WeWork has surpassed JPMorgan Chase in office square footage.

News

Newton Mixed-Use Project Secures Construction Financing

John Jordan | September 18, 2018

The $30.167 million construction and permanent loan was provided by Eastern Bank and was arranged by Holliday Fenoglio Fowler, L.P.

News

Fort Worth Sells Mixed-Use Building to New York Buyer

Mary Ann Azevedo | September 18, 2018

"The fact that the City of Fort Worth put its own economic development funds into developing the mixed-use complex was an uncommon situation."

News

Bye Bye, Big Apple: Hello, Sunshine

David Wilkening | September 18, 2018

Growing numbers of even long-time New York City-based companies are joining this one to find similar equally attractive conditions in South Florida (and better weather too).

News

Montecito Medical Expands New England Presence with Providence Buy

John Jordan | September 18, 2018

The four-story, 68,500 square-foot property is the largest facility for University Medicine, which operates nine other clinics throughout Rhode Island.

News

FCP Continues Disposition of St. Charles Properties

John Jordan | September 18, 2018

Preservation Partners added the 100% leased Headen House (136 units) and Huntington (204 units) Section 8 communities in St. Charles, MD to its portfolio.

News

Spec Developers Forging Ahead In Kansas City

Brian J. Rogal | September 18, 2018

Spec buildings are bringing in tenants as fast as developers can finish them.

News

California Investor Acquires Stamford Multifamily

John Jordan | September 18, 2018

A joint venture of Norwalk, CT-based Fuller Development and Spinnaker Real Estate Partners sold the 183-unit market rate apartment property to Friedkin, according to brokerage firm CBRE.

News

Industrial Properties Become Strategic Assets

Lisa Brown | September 18, 2018

Institutional organizations, in particular, are increasingly investing in the Seattle area as the demand for last mile and centrally located properties pushes rents to record levels, such as the recently sold 3002 Lind Ave. SW.

News

Cushman & Wakefield Arranges $52M Construction Financing for Hackensack MF Development

Steve Lubetkin | September 18, 2018

Waypoint Residential is set to launch ground-up construction of 235 class A apartments.

News

Sac Industrial Completions Go to Single Users

Lisa Brown | September 18, 2018

The single user trend is likely to continue as McClellan Park breaks ground on McClellan Distribution Center to fill a void in the market for high clear-height buildings that can service e-commerce tenants.

News

Sexual Harassment Lawsuit Against Cedar Realty CEO Dismissed

Betsy Kim | September 18, 2018

A New York State Supreme Court judge ruled the claims should be decided through arbitration.

News

Grubb Properties Proposes Rezoning for Park at Perimeter Center East

Steve Lubetkin | September 18, 2018

The request proposes a walkable, mixed-use development that will include a mix of 900 condominiums, 500,000 square feet of new office space, 12,000 square feet of retail and nearly three acres of green space.

News

Affordable Housing Reaches Crisis Levels in Austin

Lisa Brown | September 17, 2018

According to Austin’s Strategic Housing Blueprint, the city will need 60,000 new housing units for low-income families, plus another 75,000 market-rate units to meet its housing needs in the next decade.

News

Duff & Phelps Leases 91,000 SF at Park Ave. Plaza

Betsy Kim | September 17, 2018

The global valuation and corporate finance consultant goes from subletter to tenant expanding by almost 30,000 square feet at the Plaza District tower.

News

JLL Team Joins Walker & Dunlop To Set Up Dallas Office

Mary Ann Azevedo | September 17, 2018

Dallas marks the third new market that Walker & Dunlop’s investment sales group has entered so far this year.

News

Investment Firm, School Lease 30,000 SF at 7 Bryant Park

John Jordan | September 17, 2018

Orion Resource Partners, an alternative investment management firm, will relocate to 7 Bryant Park from 1211 Ave. of the Americas and will occupy the entire 25th floor of the building, totaling14,143 square feet.

News

Investcorp Acquires US Warehouse Portfolio for $300M

Erika Morphy | September 17, 2018

At 56 assets, this is the company’s largest US warehouse portfolio deal to date.

News

3 LaSalle Hotels Are Under Contract For $715M

Erika Morphy | September 17, 2018

More sales are to come: Pebblebrook plans to sell between $500 million to $1 billion of hotels after the merger is complete.

News

American Realty Acquires 329-Unit Luxury MF Asset In Midtown Atlanta, GA

Steve Lubetkin | September 17, 2018

“We believe Azure on the Park is a best-in-class asset with a best-in-market location,” says Glen Weisberg, executive vice president, portfolio management at ARA.

News

Baltimore Pharma Delivery Firm AEXGroup Leasing Linden NJ, Industrial Space

Steve Lubetkin | September 17, 2018

AEX required a facility with solid connections to the highway network in Northern New Jersey and Linden met that requirement, according to Jordan Metz of Bussel Realty.

News

Daniel Tishman Heads List of REBNY Award Winners

John Jordan | September 17, 2018

Tishman was selected as this year’s Helmsley award honoree, which is presented to an industry member for “their invaluable contributions to New York’s civic welfare and the real estate community.”

News

One of the Last South Sea-Tac Sites Will Go Industrial

Lisa Brown | September 17, 2018

The South Tacoma industrial market is recording strong demand growth, fueled by a large labor pool and a lack of available product, which is why Bridge Point Lacey represents a rare opportunity for distribution space.

News

Finnegan Leaves JLL for Avison Young in Philadelphia

Steve Lubetkin | September 17, 2018

Finnegan, a CPA, provides clients with sophisticated real estate-based financial advice focused on financial-statement enhancement, tax mitigation and efficient application of clients’ capital.

News

After 123 Years, Henri Bendel Is Closing in January

Betsy Kim | September 17, 2018

L Brands announced that all 23 Henri Bendel stores across the country including the flagship location at 712 Fifth Ave. in New York City will be closing.

News

Glass Continues to Take Center Stage in Building

Lisa Brown | September 16, 2018

Independent Bank Group’s headquarters will be enclosed with View Dynamic Glass, providing workers with unobstructed views and optimized natural daylight, which promote a more productive environment.

News

Colliers Taps Ryan Kratz For New Regional Role

David Wilkening | September 14, 2018

He was named president of the Southeast Region|U.S. Brokerage.

News

Law Firm Renews 53,000 SF Lease at Silverstein’s 120 Broadway

John Jordan | September 14, 2018

The law firm, which was founded in 1805, has been a tenant at the property owned by Silverstein Properties since 1991.

News Research

DC Condo Sales Volume, Pricing Will Reach New Highs in 2018

John Jordan | September 14, 2018

The report notes that condo supply hit its lowest level of the decade, ending mid-2018 with 1.91 months of supply on the market.

News

Ascendas-Singbridge Enters US With Office Portfolio Deal

Erika Morphy | September 14, 2018

The 3.3 million square foot portfolio is located in Portland, Raleigh and San Diego.

News

Ares Sells Stake in Colorado Resort in Development

John Jordan | September 14, 2018

The 1,500-room hotel and convention center located less than 10 minutes from the Denver International Airport and 25 minutes from downtown Denver is expected to begin operations in the fourth quarter of this year.

News

Starbucks Commits to 10,000 ‘Greener Stores’ by 2025

John Jordan | September 14, 2018

“Simply put, sustainable coffee, served sustainably is our aspiration,” said Kevin Johnson, president and CEO of Starbucks.

News

Willis Tower Unveils Latest Changes

Brian J. Rogal | September 14, 2018

A new five-story retail and entertainment space is just the latest addition that is part of a $500 million makeover.

News

$150M High Tech High School Opens in Secaucus, NJ

Steve Lubetkin | September 14, 2018

The LEED Gold, environmentally friendly, expertly designed 350,000 square-foot technical school is now open to students.

News

Seattle Multifamily Maintains 95%+ Occupancy

Lisa Brown | September 14, 2018

Properties such as The James have recorded near double digit year-over-year rent growth due to the large disparity between rents in downtown and suburbs as renters desire higher-quality units near jobs.

News

21MW of Data Center Space Being Built in Atlanta

Steve Lubetkin | September 14, 2018

Cloud user demand is setting US data center leasing on pace for a record year, according to CBRE.

News

Columbia and Normandy to Develop Office Building at 799 Broadway

Betsy Kim | September 14, 2018

The historic St. Denis hotel will be demolished for ground-up construction, showing how certain developments can face community preservationists' resistance.

News

Logistics Users Clamor for 36-Foot Clear Heights

Lisa Brown | September 14, 2018

Throughout Napa/Solano, the available inventory is mainly older industrial buildings that do not meet e-commerce tenant demand such as clear heights of more than 30 feet, but Dermody’s center will be 36 feet.

Resources

4 Questions to Diagnose CRE Bridge Loans

From Silver Hill Funding

These 4 key considerations will help you better diagnose a CRE borrower’s financing request and determine the correct bridge loan solution for your client.

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Advantages of a Higher Due Diligence Standard

From EBI Consulting

Due diligence can be a daunting requirement to navigate in CRE transactions. Learn about the different Property Condition Assessment types, including those tailored to support acquisitions.

Download Resource ›

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