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Seller Live Helio will be responsible for finishing the construction of the ADUs.
The project would include 214 hotel rooms and 87 multifamily units.
Although interest rate cuts are expected, the usual fall housing market slowdown is likely to contain any significant surge in activity.
The trend of increased construction leading to lower rents is most obvious in Austin, TX.
A softening job market coupled with a drop in interest rates later this year may be enough to stave off a recession, Marcus & Millichap finds.
The company will target North America, Europe and Japan.
The new company is targeting "under-invested and under-supplied communities."
KBC Advisors' 153,145-square-foot indsutrial project in Peoria, Arizona has been finished. The site, dubbed Empire 101, features one building with…
Demand is not on par with supply.
Brian Smith of JLL weighs in on the trend.