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The tightening availability of investments and the lack of upside potential are turning multifamily investors away from urban cores and pushing them to emerging gateways such as the East Bay, Paskover says in this <b>EXCLUSIVE</b>.
The partnership has closed on its first purchase, a five-property portfolio of 368 rent-stabilized apartments in the Fordham, Belmont and Concourse sections of the Bronx.
FedEx, UPS and OnTrac are stepping up their demand for warehouse space in this market, making 2018 one of the strongest years for new industrial construction in 19 years, Colliers' Ted Cuthbert tells GlobeSt.com.
GlobeSt.com speaks with JLL executives in L.A., Orange County and San Diego to discuss the drivers behind CRE construction in their respective markets and the micro and macro factors influencing this sector.
NAI Fennelly says net absorption of Princeton, NJ, office space was 768,532 square feet in 2017, off nearly 24 percent off from growth of 1.015 million square feet in 2016.
Certain markets have not been able to generate the job growth and leasing to work off the high vacancies left by the Great Recession, and other markets that enjoyed stronger fundamentals are now contending with increased supply, Ten-X's Peter Muoio tells GlobeSt.com.
In this <b>EXCLUSIVE</b> commentary, the founder and president of 1st Service Solutions describes some real-life case studies to bear in mind with springing cash management on CMBS loans.