Commercial real estate special reports for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
Arthur Arejian of Vanguard Investments says an large vintage stock of apartments, no rent control and rent growth averaging 4% a year makes Glendale a prime market for value-add deals.
“The strong reaction from lenders demonstrates that the market is still hungry for great retail deals and that aggressive CMBS debt terms are still available if the sponsor and tenancies are strong.”
Through careful curation, the concept can certainly endure, with the key to success being in the developer's ability to tailor the experience to the local community and provide inspiring food, design and architecture.
“This acquisition is a testament to the growing self-storage market in the metro New York area,” says Sonny Jumani, president and partner of Rochelle Park, NJ-based Tulfra Real Estate.