Damac Properties submitted the only bid for the 1.8-acre oceanfront property, where it plans to build a luxury residential tower.
The REIT plans to invest $60 million in a repositioning of the property.
Year-over-year, properties were still up 17.9% in April.
Sponsored by RentPath
There are three major trends converging to shape new renter dynamics: The Great Resignation, The Occupancy Fallacy, and The Renter Research Revolution. Download this report to explore these trends and learn how to thrive in this new era.
Sponsored by essensys
Differences in generational preferences surrounding workspaces and renewed efforts in retaining and attracting top talent have created urgency to define the building blocks of best-in-class workspaces. This guide explores how to build a hybrid workspace that is a magnet for employees by using top-of-the-line technology.
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This white paper reveals some of the major shifts in consumer behavior patterns that have emerged over the past two years and gives an up-to-date and accurate picture of today’s consumers’ shopping behavior, which is critical for anyone looking to best adapt their retail strategy to the consumer of 2022.
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