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ATLANTA-A. Ray Weeks Jr., whose family built an industrial real estate dynasty in metro Atlanta over 40 years and then merged the firm with Indianapolis, IN-based Duke Realty Investments Inc. in 1999, is leaving the REIT as vice chairman to get into another undisclosed business.
BOSTON-A.P. Levin pulls its complex of office and retail properties off the market. The 325,000-sf portfolio, which consists of eight buildings, is located in the burgeoning Downtown Crossing shopping district here.
LOS ANGELES-A new report from Delta Associates says vacancies will drop over the next two years, as development slows and demand keeps growing. Delta is the research arm of Chicago-based property-management giant Transwestern Commercial Services.
SPOKANE, WA-The locally based savings and loan holding company has an agreement to buy the locally based commercial real estate lender for $7.50 per share, or $9.75 million. Both companies' boards have approved the merger and shareholders are expected to follow suit.
HOUSTON-Hall Financial Group has sold the last of its Houston multifamily assets in an ongoing disposition of 16 older properties. The Forestree Apartments in the southeastern Houston suburb of Webster has been sold to a limited partnership.
HOUSTON-The 313-unit Chateaux Dijon Apartments at 16201 El Camino Real has changed hands. The class B property is one of several that has been transferred this year in negotiations by a CB Richard Ellis team of senior vice presidents.
CHANDLER, AZ-Chason Properties of Buffalo, NY acquires Lakeview at Octillo, its third multifamily puchase in the region in three years. Rent growth for apartments in Chandler had been among the best in the Valley in the first quarter.
SAN LEANDRO, CA-WP Carey Inc. owns the property, a parking lot here located on the corner of Williams Street and Doolittle Drive in San Leandro. City officials say they have been unable to agree with the owner on a sales price.
EULESS, TX-By week's end, Fairfield Residential will own or hold an option for the balance of the multifamily developable land in the 700-acre Villages of Bear Creek. Another signing is coming, GlobeSt.com has been told.
ORLANDO-C. Michael Collins, a longtime local banker and currently chief executive at the Bank of North Georgia in Alpharetta, an Atlanta suburb, takes over the operations of CNL Bank July 6 when another longtime local banker, William Beiler, heads for St. Petersburg, FL to become chief lending officer at Raymond James Bank.
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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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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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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!
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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