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During the last decade, the biggest difference for Oakland is institutional ownership gaining interest in new construction within the city, says Stephen Jackson, first vice president with Marcus & Millichap.
In addition to its diverse project mix, Encore contributes its success to a collaborative culture driven by employee ownership, with more than half of the firm's staff also serving as company shareholders.
Qualtrics will lease 13 floors at 2+U, which includes Skanska's 38-story class-A office tower and its Urban Village, and now the office portion–which will be known as Qualtrics Tower–is now 100% leased.
At two of its properties in the Dallas-Fort Worth area, Trademark Property Co. rolled out Concierge+, a new initiative to help elevate the guest experience and take hospitality services to the next level.
Demand for data highlighting investment opportunities for small multifamily properties is growing, buoyed by investor interest and the need for affordable housing.
Closing the transaction in a timely fashion was important to the real estate investor, who was racing against the clock to adjust its financial position in favor of changing market conditions.
Strada Investment Group and the California State Teachers' Retirement System have entered into a new programmatic joint venture with a CalSTRS-approved initial allocation of $300 million of equity capital.