Multifamily

Amid widespread optimism about the strength of US commercial real estate, a recent Akerman report identified top trends among executives, and said that taxes and technology are major elements that will define the CRE trajectory for the next three years.

Cultivate is a new brokerage firm that will partner with owners and developers to curate a dining experience in office, multifamily and hotel properties.

With asking rents for this apartment submarket expected to advance upward of 6% over the next couple of years, the timing looks good for selling the highest concentration of for-sale stabilized assets in Hudson County ever to come to market, says Gebroe-Hammer's Nicholas Nicolaou.

“The property's strategic location provides Atlanta's best overall access to the major employment centers of Buckhead, Midtown, Downtown and Cumberland/Galleria,” says CBRE's Kevin Geiger,

Dekel Strategic Investors is trading ground-up multifamily deals, where there may be some softness in rental rate growth, for value-add and core-plus strategies.

Morgan Properties plans to spend $2 million renovating the property.