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IRVINE, CA—Increasing interest and cap rates may impact the number of properties that will trade hands and on borrowers' ability to get the rates and leverage levels that they have enjoyed over the past few years, Money360's Gary Bechtel tells GlobeSt.com.
BRANCHBURG, NJ—“We were drawn to the building's tenancy as much as the opportunity to purchase a building in today's competitive market below replacement cost,” says Elberon VP Terry Armstrong.
NEWPORT BEACH, CA—In this <b>EXCLUSIVE</b> commentary, Capital One SVP Greg Reed takes a closer look at the outlook for multifamily, looks at historical trends, and says that investors who will sell will reinvest.
EVESHAM TOWNSHIP, NJ—The 10,000 square-foot Evesham Township restaurant will undergo a $3 million buildout to convert it to the Chickie's & Pete's model, which features multiple large wall monitors displaying sporting event coverage, says Peter Ciarrocchi, co-founder of Chickie's & Pete's.
NEW YORK CITY—The appointee, who has been overseeing hotel investments at the firm for seven years, brings more than 20 years of industry experience to the position.
HOUSTON—With data consumption skyrocketing, some major cloud providers are anticipating the need to triple infrastructure by 2020, however industry growth could be tempered by external risks.
DALLAS—The initial need for space in other areas of the country has been satisfied with established footprints and cloud providers are now grabbing space in Dallas-Fort Worth.
CHICAGO—While the income return as measured by NCREIF's quarterly index has trended lower for much of the cycle, appreciation's downward trend steepened in 2016.