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HOUSTON—While the recession forced banks to tighten operating costs and halt branch growth, mobile banking picked up momentum, and banks are consolidating and optimizing locations as a result, says JLL.
PLANO, TX—The JP Morgan Chase campus will reduce the company's DFW real estate operating costs, allowing a reinvestment in strategic campuses to provide quality facilities and work environments.
BOCA RATON, FL—The 34 seniors housing and medical office properties in Sentio's portfolio will enlarge Kayne Anderson Real Estate Advisors' already sizable holdings in the sector.
LOS ANGELES—Accelerated depreciation is a tool that institutional investors have used for years to maximize their bottom line, but private investors are only recently joining in.
LOS ANGELES—Property rights advocates have filed a brief for SCOTUS to weigh in on an exactions case in West Hollywood. If SCOTUS accepts and rules in their favor, it could be the end of Measure JJJ.
NEW YORK CITY—Gazit Horizon will have offices in New York City and Miami and will be headed by newly named president and CEO Jeffrey Mooallem, who most recently was a managing director at Federal Realty Investment Trust.
NEW YORK CITY—The East Harlem Housing Plan has four central goals: preserve existing affordable housing, develop new affordable housing, increase access to affordable housing, and promote economic opportunity.
IRVINE, CA—Certain factors are causing the effective tax rate to be higher on owner-occupied residential properties than on investment properties. ATTOM Data's Daren Blomquist weighs in with GlobeSt.com on what those factors are.
NEW YORK CITY and WASHINGTON, DC—The Collingwood Group's senior management team has a deep bench in the residential and multifamily sectors, including former executives with FHA, HUD and the GSEs.