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NEW YORK CITY-For the fourth week in a row, the RMS has closed at a record high, over 400 for the first time. Despite that stellar performance, however, the 30-day trading volume for real estate mutual funds slipped, as did the average dividend yield for the RMS.
PALM BEACH GARDENS, FL-A newly formed subsidiary of locally based Correctional Properties Trust is using the proceeds to finance the acquisition and refinancing of two North Carolina prisons. Palm Beach Gardens is 73 miles north of Miami.
HOUSTON-Smaller freestanding warehouses are hot tickets in Houston, says a Grubb & Ellis broker who has inked two more pacts in the steadily growing trend. The tenants have inked deals for a total of 22,000 sf and terms of five and three years.
HOUSTON-Weingarten Realty has acquired another southeastern US shopping center and one that marks its ownership inroad into North Carolina. It already has a development partnership and Raleigh office up and running. Logically, it's time to start buying.
LIBERTY CORNER, NJ-The air conditioning giant will reduce its workforce by a total of 800 positions, mostly by closing a plant in Maryland. Some production is slated to be moved to Asia.
SPOKANE, WA-The international company acquired locally based American Electronic Sign Co. late last year and renamed it 3M Dynamic Message Systems. Now it's expanding en route to new products.
DENVER-The refinance deals include a 24-month floating rate bridge loan for $6.2 million for Plaza 6000, a 104,000-sf office building at 6000 E. Evans Ave. The other deals are in Columbus, OH and Silver Springs, MD.
SAN DIEGO-A supplier for the semiconductor industry has completed the relocation of its corporate offices into a single large building in Parkway Business Center in Poway.
SAN DIEGO-A $1 million renovation of the Imperial Beach Promenade shopping center at the southernmost tip of San Diego County has a general contractor and should be finished by August.
LONDON-Compco Holdings has bought two more office buildings in London's Midtown, bringiong its total portfolio in the area to 33 properties.
From Placer.ai
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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