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2019 CMBA (VIDEO): CRE Finance Pros Ponder Market Volatility, Interest Rates, and Inverted Yield Curve
News 1 month ago
2019 CMBA (VIDEO): CRE Finance Pros Ponder Market Volatility, Interest Rates, and Inverted Yield Curve

Connect Media headed to CMBA’s 22nd annual Western States CREF conference in Las Vegas this week to find out what’s on the minds of mortgage pros...

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Digging Beneath the Foundation of Manufactured Housing
News 1 month ago
Digging Beneath the Foundation of Manufactured Housing

What, exactly, is manufactured housing? These are homes that are built off-site — generally in factories — then delivered in pieces to a...

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Trammell Crow, Legacy Open Oakland Uptown MF
News 1 month ago
Trammell Crow, Legacy Open Oakland Uptown MF

Legacy Partners opened Alexan Webster, a seven-story multifamily project in Oakland’s Uptown neighborhood. The seven-story, 234-unit mixed-use...

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M&M Promotes Eric Bell to Executive Director
News 1 month ago
M&M Promotes Eric Bell to Executive Director

Marcus & Millichap promoted Oak Brook, IL-based Eric Bell to executive director with the firm’s National Multi-Housing Group (NMHG), its...

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Flynn Joins Rock Group in Construction Leadership Role
News 1 month ago
Flynn Joins Rock Group in Construction Leadership Role

Timothy Flynn has joined Rockefeller Group as SVP, design & construction for the Northeast and Mid-Atlantic regions, a new position. He was...

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Legacy Healthcare Adds Two Chicagoland SNFs
News 1 month ago
Legacy Healthcare Adds Two Chicagoland SNFs

Bella Terra Streamwood and Bella Terra Wheeling have joined Legacy Healthcare’s portfolio of skilled nursing facilities in the Chicagoland area....

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Conagra Plans 40K-SF Innovation Hub Next to HQ
News 1 month ago
Conagra Plans 40K-SF Innovation Hub Next to HQ

Conagra Brands said Wednesday it would build a 40,000-square-foot innovation center adjacent to its existing headquarters at Vornado Realty Trust’s...

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Steris Corp. Acquires Northborough Industrial Facility for $7M
News 1 month ago
Steris Corp. Acquires Northborough Industrial Facility for $7M

Surgical device firm Steris Corp. has acquired 425 Whitney Street, an industrial facility located within the I-290 Industrial Park in Northborough....

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Hobbs Brook Management Hires Schaefer as CEO
News 1 month ago
Hobbs Brook Management Hires Schaefer as CEO

Samuel M. Schaefer Waltham-based commercial property management and development firm Hobbs Brook Management has hired Samuel M. Schaefer as...

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PepsiCo Near Deal for Big Lease at Old Post Office
News 1 month ago
PepsiCo Near Deal for Big Lease at Old Post Office

PepsiCo is in advanced talks to move its Chicago office to the redeveloped Old Post Office building, Crain’s Chicago Business reported, citing...

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Eastdil Team Joins NKF Capital Markets Group
News 1 month ago
Eastdil Team Joins NKF Capital Markets Group

Evan Layne, Brett Siegel and Jean Celestin have joined NKF as vice chairmen and co-heads of the New York capital markets investment sales division....

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Passco Establishes Footprint in Active Seniors Housing Sector
News 1 month ago
Passco Establishes Footprint in Active Seniors Housing Sector

Irvine, CA-based Passco Companies is collaborating with Newport Beach, CA-based Avenida Partners on the development and management of a pair of...

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Eastern Union Sets New August Record for Mortgage Submissions
News 1 month ago
Eastern Union Sets New August Record for Mortgage Submissions

Eastern Union filed the highest number of mortgage submissions of any previous August in the Brooklyn-based firm’s 18-year history. The company,...

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North Port Apartment Community Trades for $43M
News 1 month ago
North Port Apartment Community Trades for $43M

Cushman & Wakefield has arranged the $43 million sale of Lakes at North Port, a 312-unit, garden-style apartment community in North Port. Located...

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Capital One Furnishes Freddie Mac SBL on Wicker Park Rentals
News 1 month ago
Capital One Furnishes Freddie Mac SBL on Wicker Park Rentals

Capital One provided a $7.5 million Freddie Mac Optigo Small Balance Loan (SBL) to refinance a 17-unit mixed-use apartment complex in the North...

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Construction Complete on Industrial Facility at Gateway Commerce Park
News 1 month ago
Construction Complete on Industrial Facility at Gateway Commerce Park

Construction has been completed on Building 5 at EastGroup Properties’ Gateway Commerce Park in Miami Gardens. The property, which offers spaces...

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CushWake Lists Newly-Built Chinatown Office Condos
News 1 month ago
CushWake Lists Newly-Built Chinatown Office Condos

Cushman & Wakefield has been retained to arrange the sales of six new office condominium units on the fourth to sixth floors of 100 East Broadway,...

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Refinancing Obtained for Kenedy Heights Apartments
News 1 month ago
Refinancing Obtained for Kenedy Heights Apartments

Kenedy Heights LLC obtained $5.4 million to refinance Kenedy Heights Apartments, situated in Kenedy, TX. The 72-unit apartment complex at 241 SH 72...

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Developers Release Renderings of 250K-SF T3 RiNo
News 1 month ago
Developers Release Renderings of 250K-SF T3 RiNo

McCaffrey, Hines and Ivanhoe Cambridge released new renderings of T3 RiNo, a 250,000-square-foot “timber, transit and technology” building in...

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Technology + Trades = ConTech
News 1 month ago
Technology + Trades = ConTech

Technology has been integrated with various business sectors. Financial technology — FinTech — is defined as “new tech that seeks to improve and...

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10 Federal Acquires Four-Property Atlanta Self-Storage Portfolio
News 1 month ago
10 Federal Acquires Four-Property Atlanta Self-Storage Portfolio

Commercial real estate firm 10 Federal has acquired a four-property EconoStor self-storage portfolio in the submarkets east of Atlanta. The sales...

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KBS Strategic Opportunity REIT Acquires Reven Housing REIT
News 1 month ago
KBS Strategic Opportunity REIT Acquires Reven Housing REIT

KBS Strategic Opportunity REIT, Inc. (SOR) and Reven Housing REIT, Inc. plan to merge in a stock and cash deal that brings a portfolio of single...

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Panatonni Begins Construction on 816K-SF Park 249
News 1 month ago
Panatonni Begins Construction on 816K-SF Park 249

Panatonni and capital partner MetLife began construction on Park 249, an 816,920-square-foot, speculative industrial project on Houston’s northwest...

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San Antonio Office Vacancy Increases, So Do Rents
News 1 month ago
San Antonio Office Vacancy Increases, So Do Rents

Overall office vacancy in San Antonio during August 2019 stood at 10.1%, a 30-basis-point increase year-over-year, according to data from NAI...

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Coreland’s Kendrick Offers Ways to Manage Retail Expenses While Preserving Quality
News 1 month ago
Coreland’s Kendrick Offers Ways to Manage Retail Expenses While Preserving Quality

By Dennis Kaiser Rosa Kendrick Much has been discussed about the retail sector’s “hospitality” approach to business. Today’s environment demands...

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As National Labor Markets Tighten, Texas Domestic Migration Slows
News 1 month ago
As National Labor Markets Tighten, Texas Domestic Migration Slows

Texas has been dubbed the “miracle state,” due to a very business-friendly environment, job creation, no state income tax and reasonable weather ...

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Waterton Snags 298-Unit MF Community in Raleigh-Durham
News 1 month ago
Waterton Snags 298-Unit MF Community in Raleigh-Durham

National real estate investor and operator Waterton has acquired Manor Six Forks, a 298-unit multifamily property in the Millbrook submarket of...

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West Freeman Lands Limestone Court for $30M in Reverse 1031 Exchange
News 1 month ago
West Freeman Lands Limestone Court for $30M in Reverse 1031 Exchange

West Freeman Properties (WFP) acquired Limestone Court Apartments, a 48-unit mixed-use asset in Bellevue for $29.5 million. The trophy property is...

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Work Underway on Townwest Commons, Phase II
News 1 month ago
Work Underway on Townwest Commons, Phase II

NewQuest Properties broke ground on phase II of Townwest Commons, a community services, mixed-use development in Hutto, TX. The two buildings,...

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Exploring the Inland Northwest’s CRE, Finance Markets
News 1 month ago
Exploring the Inland Northwest’s CRE, Finance Markets

By Dennis Kaiser Demetri Koston The Pacific Northwest’s Spokane market may not be Seattle-adjacent, yet the Eastern Washington area has emerged as...

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