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NEW YORK CITY-The REIT has purchased a 452-unit multifamily in Bayport, NY for $39 million and sold a Dansville, NY property with 82 units for $2.5 million. Proceeds from the sale will be invested in the acquisition, which will undergo a $2.9 million upgrade.
ORANGE COUNTY, CA-A recently released survey by the California Association of Realtors names the county as the least affordable region in Southern California to buy a house.
MIAMI-A subsidiary of the Michigan-based homebuilder downsizes plans for a mixed-use residential project in a Florida Everglades buffer zone.
WASHINGTON, DC-The 202-unit hotel here has received $27 million in adjustable-rate acquisition financing. GMAC Commercial Mortgage Corp. arranged the financing on behalf of the hotel, which was renovated in 1999.
SALEM, OR-The bank will likely sell the Capital Center Building at 280 Liberty St. NE, an adjacent parking lot and another building at 333 High Street. The bank is consolidating into a larger building at 580 State St.
SEATTLE-Starbucks Corp. says it is launching coffee shops in a second country in continental Europe beginning in December. The goals is to have 650 stores in Europe by the end of 2003.
CHICAGO-The Pritzker family's holdings include the hotel firm. Construction on Hyatt Center begins early next year at Monroe Street and Wacker Drive. Higgins Development Partners and Pritzker Realty Group are developers.
VANCOUVER, WA-The Bonneville Power Administration is leasing space in several buildings here for its transmission line business, which will be extra busy getting power plants on line over the next five years.
LONDON-Mark Barnwell and Mike Tomkinson are to leave CB Hillier Parker to join developer and investor Carisbrooke. Barnwell has just completed London's biggest deal of the year on Berkeley Square.
NEW YORK CITY-The city's Department of Design and Construction, in partnership with the Department of Cultural Affairs and the Queens Museum of Art, has announced a national design competition.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource