Multifamily

The DFW market is still stable in the New Year as buyers are looking to acquire properties and owners are still selling, with one example being Fox Creek's ownership planning to increase rents to market norms.

The number of new jobs and additional office space that Google's proposed campus is slated to bring will greatly impact the area around Foundry Commons and half of Google village workers will live nearby.

George Comfort & Sons' Duncan, who noted that the firm has holdings and development projects in New York City, Westchester and Fairfield County, CT, said that the city's suburbs should benefit from what he still considers will be a “very robust” New York City commercial market.

Phoenix started as a value-add market, and while there are still plenty of value-add opportunities, core investors are also finding strong deals.

Comerica Bank, based in Dallas, and Colony Credit Real Estate, which is located in Los Angeles, are providing the construction financing for the Jefferson Vista Canyon development.

The Station will feature approximately 400,000 square feet of commercial and retail space, more than 600 apartment homes as well as more than 250 single-family homes that are to be built by Ashton Woods and K. Hovnanian Homes.