News
EXCLUSIVE: New JLL Report Highlights Secondary, Sunbelt Markets
The “biggest winners” in a CRE scene that’s seeing fundamentals improve across most sectors in a growing number of cities nationwide are office and multi-family, according to JLL’s latest report, the Fall 2014 Cross Sector Outlook released today at the Urban Land Institute’s fall meeting.
IREM Special Report: The Millennial Factor
The impact of Millennials on commercial real estate sparked a thought-provoking discussion at the Institute of Real Estate Management’s Fall Leadership Conference last week.
Jonathan Rose Cos., TIAA-CREF Launch New Affordable Housing Preservation Fund
TIAA-CREF and Jonathan Rose Cos. have unveiled the Rose Affordable Housing Preservation Fund—a $52 million fund seeded by the two organizations that will help with the acquisition and improvement of affordable and mixed-use housing in strategic major metros in the U.S.
Atlas Residential Buys $150M M-F Portfolio in Orlando
In Orlando’s largest apartment transaction of 2014, Atlas Residential has acquired a 1,024-unit multi-family portfolio from a large national owner-operator.
Forest City Selling 55% Stake in Barclay’s Center
Forest City Enterprises appears ready to sell its majority stake in the Barclays Center arena, the crown jewel in its $4.9 billion Atlantic Yards project in downtown Brooklyn.
Economy Watch: Existing Home Sales, State Unemployment Rates
Total existing-home sales increased 2.4 percent in September. Thirty-one states experienced unemployment rate decreases in September compared with August.
Team of OMA + OLIN Wins 11th Street Bridge Park Design Competition
When the 11th Street Bridge Park Design competition launched on March 20, 2014, more than 80 companies representing 41 landscape architect/architect teams submitted their proposals to transform an old freeway bridge into the D.C.’s first elevated park, over the Anacostia River. Now, after seven months, the winner has finally been announced.
Economy Watch Weekly: Still Growing
Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended October 17th, with a special look at growth in the economy.
NGKF Tapped to Lead Retail Leasing at NYC’s Grand Central Terminal
Newmark Grubb Knight Frank has won one of the most coveted retail leasing assignments at one of the best-known sites in the country: Grand Central Terminal.
Hartz Mountain Industries Acquires North Atlanta Distribution Portfolio for $129M
An entity controlled by Hartz Mountain Industries has acquired Peachtree Corners and Kennestone Corners, a 2.5 million-square-foot North Atlanta distribution portfolio of Class B industrial centers, from Clarion Partners.