multifamily-money

What Is the True Number of Store Closings for 2017?

Retail industry pundits have been sounding very sure about the trajectory of department and specialty store counts lately, and the consensus is that stores have been closing by the thousands. Experts point…
Watchguard Video corporate campus

Tech firm tops out on new 500-person corporate campus in Allen

An Allen-based manufacturer of law enforcement video systems has reached its upper-most height in building its new corporate campus, which is expected to accommodate about 500 workers. WatchGuard Video…
CRE

Apartments Rents Are Growing the Most in Former Housing Crash Cities

Apartment rents continue to grow more slowly than before. The cities where rents grew the most in 2016 are still top cities for rent growth this year, but their lead is getting smaller. “A year ago there…
Kaluakoi Resort

10 Must Reads for the CRE Industry Today (October 10, 2017)

MarketWatch looks at whether rent control affects crime rates. Strip centers are outperforming the rest of the retail real estate sector, according to Forbes. These are among today’s must reads from around the commercial real estate ind…
East River 50s Alliance

NYC Developer Races Against Rules That Would Cut Tower in Half

(Bloomberg)—Laboring in a hole in the ground on Manhattan’s East 58th Street, Gamma Real Estate’s construction crews don’t quit for the weekend. They’ve been working Saturdays since June, trying…
walmart

Wal-Mart's Getting Innovative Online -- and It's Working: Gadfly

(Bloomberg Gadfly)—What a difference a couple of years can make. Ahead of its annual investor meeting on Tuesday, Wal-Mart Stores Inc. laid out a forecast for the year ahead that includes strong year-over-year…
666 Fifth Ave

Kushners' Manhattan Tower on Track for Its Worst Year Since 2011

(Bloomberg)—The midtown Manhattan office tower owned by Kushner Cos. and Vornado Realty Trust is on track to lose $24 million this year, marking the worst performance for 666 Fifth Ave. since a 2011 refinancing. The…
mandalay-bay

10 Must Reads for the CRE Industry Today (October 12, 2017)

Jerome Powell is the most likely candidate to be the next Federal Reserve chairman, according to CNBC. California fires can cause damage to $65 billion in real estate, reports the San Francisco Gate. These are among…
Glimcher

Michael Glimcher Takes On a New Role at a Pivotal Industry Moment

Regional mall owner Starwood Retail Partners has a new CEO—REIT industry veteran Michael Glimcher. Glimcher, who spent 27 years, including 12 as CEO, at Glimcher Realty Trust, will now be responsible…
multifamily-money

The Right Multifamily Investment Opportunities for HNW Investors

As high-net-worth (HNW) investors and family offices look to increase their portfolio allocations in real estate, the multifamily sector continues to offer attractive investment opportunities. HNW investors…