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IRVINE, CA—A recent RealtyTrac report shows that homes near Target tend to have higher valuations than homes near Walmart. GlobeSt.com dives deeper into this phenomenon <b>EXCLUSIVELY</b> with the firm's Daren Blomquist.
CARROLLTON, TX—“We continue to see no evidence of affordability concerns among renters of market-rate, professionally managed apartments,” says Jay Parsons, VP of MPF Research.
REDWOOD CITY, CA—The first phase has been completed on the $165-million Maple Street Correctional Center, with a design being called a model of “compassionate corrections”.
Two tech companies expanded their leased space recently in New Jersey and Philadelphia, while an industrial property in Fairfield and a mixed-use in Cliffside Park both changed hands. Here is a roundup of transactions and executive moves taking place in New Jersey in recent weeks.
SAN DIEGO—Industry expert Kevin Gannon of Robert A. Stranger & Co. said at ADISA's Spring Symposium opening session that looking ahead, non-traded REIT market conditions should expect initial contraction in fundraising.
KATY, TX—The Shoppes at Cinco Ranch is a 35-acre property that is easily accessible via the Westpark Tollway and bisected by Spring Green Boulevard, with ample parking and footpaths throughout the property.
DALLAS—Dallas/Ft. Worth is the number three target market for Investors with multifamily the most attractive investment property type ahead of industrial.
AUSTIN, TX—The new Austin office of R4 Capital will expand the firm's national presence to four office locations, including New York City, Boston and Newport Beach, CA.
SCOTTSDALE, AZ—John Patnode will oversee all design and construction efforts for National Healthcare Development's post-acute and senior housing division.
NEW YORK CITY—The program mandates an affordability set-aside for all significant residential development in areas that are rezoned to allow for more housing.