AI Enabled Highrise Real Estate Marketplace | Sell, Lease & Host Global Properties | High Rise Residential, Commercial & Condo-Hotels For Sale
AI Enabled Highrise Real Estate Marketplace | Sell, Lease & Host Global Properties | High Rise Residential, Commercial & Condo-Hotels For Sale
Commercial real estate brokers are often the industry bellwether for all that’s good and bad. It is no surprise that the Dealmakers Outlook panel of retail leasing brokers assembled for Connect Retail West shined a light on the current trends they see driving market activity and pointed out where the opportunities are likely to be […]
Once a darling of the startup world in the construction sector, Veev is shutting down. Employees of the modular construction company were informed of the impending closure over the weekend, Calcalist reported. The California-based proptech company told its staff that the last-minute cancellation of a capital-raising initiative left it without funding necessary to continue. In […]
Hines, a global real estate investment, development, and property manager, has acquired the Chicago Prime Portfolio, a two-building, 1.1 million-square-foot industrial campus located at 4700/4800 Proviso Drive and 5000 Proviso Drive in Melrose Park. Hines will serve as the property manager for the portfolio and intends to implement a strategic value-add capital improvement plan at […]
Report Sparks Concerns for Real Estate Development in Southern California By Dolores Quintana The University of Southern California’s Lusk Center for Real Estate predicts an upward trajectory in multifamily rents across Southern California over the next two years, signaling potential hurdles for commercial real estate financing. The 2023 USC Casden Real Estate Economics Forecast analyzes […]
Report Sparks Concerns for Real Estate Development in Southern California By Dolores Quintana The University of Southern California’s Lusk Center for Real Estate predicts an upward trajectory in multifamily rents across Southern California over the next two years, signaling potential hurdles for commercial real estate financing. The 2023 USC Casden Real Estate Economics Forecast analyzes […]
Up to one-third of office real estate could be wiped out, according to apocalyptic predictions about the emptying of downtowns and the end of much white-collar work in towers. But the top tier of commercial buildings will face a shortage in the years ahead, with construction of elite Class A properties headed for a new […]
Owning commercial property often means facing vacancies at some point. When that happens, consider the opportunity to rescue the occupancy. Take, for example, one of our long-term clients who recently renewed their lease with our guidance. We took an unconventional approach by advising them not to exercise their option to renew. Why, you ask? Because […]
School districts have a lot of responsibilities to manage. Some are adding housing to the list. More and more districts across the country are building housing complexes to rent to teachers and other school employees—often at below-market rates and on district-owned land. It’s a recruitment and retention strategy that has been fueled by both rising […]
PCCP, LLC has provided a $42-million senior loan to a joint venture of Phelan Development and LaSalle Investment Management for the refinance of a 610,025-square-foot industrial building located at 18755 Business Park Ct. in Lathrop. The Class A cross-dock distribution building was built in December 2021 and is currently 50% leased to a third-party logistics […]
Commercial real estate looks to be on the leading edge of revitalization according to comments made by Lawrence Yun, the Chief Economist for the National Association of Realtors (NAR), during the 2023 NTX Realtor Experience conference in Anaheim, California. “There’s tremendous difficulty in the commercial real estate market with higher interest rates,” Yun explained. “Given […]
Boston-based real estate private equity firm Longpoint has acquired three industrial buildings in Los Angeles County totaling 321,479 square feet. They include the 15-building John Reed Commerce Center in City of Industry and 2854 Supply Ave. and 6480 Corvette St., both located in Commerce. Deal terms weren’t disclosed, although Longpoint said all three properties were acquired at […]
In the last few weeks, top policymakers have announced more support for the economy, primarily struggling local governments. The International Monetary Fund last week cited Beijing’s policy announcements as a reason to raise its China growth forecast for the year to 5.4%. The IMF also raised its 2024 growth forecast to 4.6%. BEIJING — China on Wednesday reported […]
In the last few weeks, top policymakers have announced more support for the economy, primarily struggling local governments. The International Monetary Fund last week cited Beijing’s policy announcements as a reason to raise its China growth forecast for the year to 5.4%. The IMF also raised its 2024 growth forecast to 4.6%. BEIJING — China on Wednesday reported […]
Bell Properties Marks a Decade of Excellence in Commercial and Residential Property Management in California BISWIRE/Nov. 13, 2023 — Bell Properties, a leading property management firm specializing in both commercial and residential properties, proudly celebrates over a decade of providing unparalleled services to clients across California. Established in 2012, the company has emerged as a trusted […]
Companies in search of logistics space would be well advised to act soon, even though a significant amount of new space was added to the market in Q3 2023 from projects begun in 2022 and the national vacancy rate rose. That’s the advice of Prologis in a new report. It predicts that the logistics space […]
Presenting the 2023 NJBIZ Education Power 50 Keeping New Jersey’s workforce on the cutting edge of achievement will be the job of these individuals. September 18, 2023
Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 11 states, has entered the Southern California retail real estate market with its acquisition of the South Coast Collection (SoCo) in Costa Mesa. A 97% leased, 292,000-square-foot luxury home furnishing and design lifestyle center, the property reportedly traded for more than […]
Airbnb cofounder Joe Gebbia describes a house that sounds like a nice spot for an upcoming vacation: it’s cozy, with lots of natural light and a high gable ceiling, bespoke custom furniture, and a smart design aesthetic. Gebbia isn’t describing a listing on Airbnb. He’s talking about a house he wants to sell. Actually, he […]