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Blueground Bags $50M In Funding To Expand Its Furnished Apartment Empire
News 1 month ago
Blueground Bags $50M In Funding To Expand Its Furnished Apartment Empire

Flexible apartment rental specialist Blueground has snagged $50M in a Series B round of financing that was led by WestCap and Prime Ventures. The...

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Study Finds NIMBYism, Construction Costs Largest Barriers To New Housing
News 1 month ago
Study Finds NIMBYism, Construction Costs Largest Barriers To New Housing

At its heart, the problem is simply supply and demand: The cost of housing won't go down until there is more housing. But building new housing is...

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Breaking Down The 682M SF Of Office Built In The Last Decade
News 1 month ago
Breaking Down The 682M SF Of Office Built In The Last Decade

The conventional wisdom that companies, and therefore developers, are flocking en masse to downtown areas to chase younger talent doesn't always...

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As Retailers Hit 'Critical Time' To Prep For Holiday E-Commerce Deluge, Don't Expect Warehouse Absorption Spike
News 1 month ago
As Retailers Hit 'Critical Time' To Prep For Holiday E-Commerce Deluge, Don't Expect Warehouse Absorption Spike

Last year's holiday shopping season demonstrated the continuation of two trends: the American customer's increasing reliance on e-commerce, and the...

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Facebook Commits $1B To Boost Affordable Housing In Space-Crunched Bay Area
News 1 month ago
Facebook Commits $1B To Boost Affordable Housing In Space-Crunched Bay Area

Facebook will invest $1B over the next decade in efforts to help alleviate California's housing crisis, Facebook Chief Financial Officer David...

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UPS, CVS Partner To Deliver Drugs By Drone
News 1 month ago
UPS, CVS Partner To Deliver Drugs By Drone

United Parcel Service has signed a number of agreements to develop drone deliveries of healthcare and other products, including a recent one with...

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First UK Chick-fil-A To Close After Protests, Boycott
News 1 month ago
First UK Chick-fil-A To Close After Protests, Boycott

Chick-fil-A's first location in the United Kingdom, which opened on Oct. 8, did not last long. The Oracle shopping center in Reading, England,...

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Out With CEO, President And $2B Of Non-Core Assets, In With New HQ
News 1 month ago
Out With CEO, President And $2B Of Non-Core Assets, In With New HQ

Howard Hughes: For months, master-planned community developer Howard Hughes Corp. contemplated a strategy for realigning into a leaner, more...

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Marriott Snaps Up Caribbean Hotel Company With Makeover In Mind
News 1 month ago
Marriott Snaps Up Caribbean Hotel Company With Makeover In Mind

Marriott International's relentless push for expansion has taken it to the vacation destination of Barbados. On Friday, the global hotel giant...

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WeWork Agrees To SoftBank Takeover At $8B Valuation
News 1 month ago
WeWork Agrees To SoftBank Takeover At $8B Valuation

It looks like SoftBank Group will soon take ownership of its pet investment after watching its massive valuation shrink dramatically. The Japanese...

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The Looming Dec. 31 Opportunity Zone Deadline
News 1 month ago
The Looming Dec. 31 Opportunity Zone Deadline

On Dec. 31, when the rest of the world is getting ready to usher in the new decade, opportunity zone investors will face an important deadline: the...

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Saved By A White Knight Or Sucked Into A Black Hole?
News 1 month ago
Saved By A White Knight Or Sucked Into A Black Hole?

Next For WeWork: That WeWork is burning its last cash reserves is no secret, though the exact time it reaches zero is a matter of conjecture. A...

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For This Developer, Student Housing Is The Goal, But The OZs Are A Big Bonus
News 1 month ago
For This Developer, Student Housing Is The Goal, But The OZs Are A Big Bonus

The very first opportunity zone project in the nation may have been a new student housing complex near the University of Louisville. "We signed a...

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New Broker Poll Shows Coworking (Even WeWork!) Not Seen As Much Of A Threat
News 1 month ago
New Broker Poll Shows Coworking (Even WeWork!) Not Seen As Much Of A Threat

Commercial real estate brokers are much more convinced that coworking is a lasting trend, and they have more tenants asking for flexible leases, a...

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Building Is For The Birds With Proposed Legislation, But CRE May Not Be Ready
News 1 month ago
Building Is For The Birds With Proposed Legislation, But CRE May Not Be Ready

Cities all over the world are moving quickly to adopt legislation requiring commercial buildings covered in glass to be safe for birds - perhaps...

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JLL Sues Former Managing Directors For $2.8M In Unpaid Loans
News 1 month ago
JLL Sues Former Managing Directors For $2.8M In Unpaid Loans

JLL is suing two of its former managing directors, claiming they owe the Chicago-based brokerage giant a combined $2.8M in unpaid loans. In a legal...

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Why It’s Easier Than Ever To Break Into The World Of Development
News 1 month ago
Why It’s Easier Than Ever To Break Into The World Of Development

Developers hoping to grow in the world of multifamily have always faced a steep uphill climb. Development takes deep pockets, and even if they have...

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MGM Sells Bellagio, Circus Circus For More Than $5B
News 1 month ago
MGM Sells Bellagio, Circus Circus For More Than $5B

MGM Resorts International is on a disposition drive. It has inked a deal with Blackstone Real Estate Income Trust that effectively sells the...

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Columbia Property Trust Buying Normandy Real Estate For $100M
News 1 month ago
Columbia Property Trust Buying Normandy Real Estate For $100M

After partnering on two developments this year, Columbia Property Trust and Normandy Real Estate Partners have decided to join forces. Columbia...

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Short-Term Rentals May Be Just As Damaging For Hotels As Airbnb Is
News 1 month ago
Short-Term Rentals May Be Just As Damaging For Hotels As Airbnb Is

As short-term rentals have gained acceptance from multifamily developers, the hotel industry might be staring down another cataclysm like Airbnb....

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16 Questions With CorpHousing Group's Brian Ferdinand
News 1 month ago
16 Questions With CorpHousing Group's Brian Ferdinand

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses...

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SoftBank Reportedly Negotiating To Take Control Of WeWork
News 1 month ago
SoftBank Reportedly Negotiating To Take Control Of WeWork

Even as it teeters on the brink of total collapse, The We Company still inspires fierce competition among potential investors. SoftBank Group,...

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Kroger Grocery Delivery Strategy Called Into Question
News 1 month ago
Kroger Grocery Delivery Strategy Called Into Question

U. S. consumers are increasingly demanding quick and cheap grocery delivery, and Kroger has rolled out a partnership strategy to get there. But...

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WeWork Could Run Out Of Money By November As JPMorgan Considers Bailout
News 1 month ago
WeWork Could Run Out Of Money By November As JPMorgan Considers Bailout

The We Company might be on the verge of a historically quick fall from grace. WeWork's parent company may not even have enough operating capital to...

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Sewers, Sidewalks And Stadiums — CRE Owners Face A Smattering Of Direct Fees
News 1 month ago
Sewers, Sidewalks And Stadiums — CRE Owners Face A Smattering Of Direct Fees

If they squint, building owners in Maryland may notice something new on their yearly tax bills: a fee for the Bay Restoration Fund, an initiative...

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Nerd Street Gamers To Build Esports Facilities At Five Below Stores
News 2 months ago
Nerd Street Gamers To Build Esports Facilities At Five Below Stores

Retailer Five Below and Nerd Street Gamers have inked a deal to develop esports facilities connected to Five Below stores. The partners will build...

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Target's Modernization Drive Is Wreaking Havoc On Its Stores
News 2 months ago
Target's Modernization Drive Is Wreaking Havoc On Its Stores

Target's store modernization drive has helped contribute to a banner economic year, but it has reportedly come at a cost to its employees. The $7B...

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WeWork Opens NorCal Space In Shut-Off Areas
News 2 months ago
WeWork Opens NorCal Space In Shut-Off Areas

Embattled coworking behemoth WeWork has opened five locations in Northern California to people in need of power during Pacific Gas & Electric Co.'s...

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Warehouse Construction Has Never Been More Demanding — But Painting Them Can Be Effortless
News 2 months ago
Warehouse Construction Has Never Been More Demanding — But Painting Them Can Be Effortless

Warehouse Construction Has Never Been More Demanding - But Painting Them Can Be Effortless The U. S. is in dire need of warehouse space. Despite...

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San Francisco Corporate Housing Startup Hits NY
News 2 months ago
San Francisco Corporate Housing Startup Hits NY

Zeus Living's customers wanted expansion, so expansion is what the Bay Area startup is giving them. By year's end, the four-year-old corporate...

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