David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
SAN FRANCISCO—A 15-year CRE veteran with expertise in downtown San Francisco high-rise sector, Osburn will serve as managing director of real estate management services.
LONDON—Participants say Argent Related will capitalize on experience and expertise of one of the UK's top developers and a best-in-class U.S. real estate firm to undertake UK development projects.
LOS ANGELES—Essex Property Trust has acquired 8th+Hope from developer Wood Partners. The project began in 2007, and produced a 290-unit, 22-story luxury building.
BELLEVUE, WA—Depicting the property as a great redevelopment opportunity in the center of a new transit-oriented overlay, Kidder Matthews brokered the sale on behalf of Red Lion Hotels Corporation.
IRVINE, CA—Although the share of flips of single family homes grew in Q4, they represented just 5% of all home sales throught the year, the lowest share since 2011, according to a year-end report from RealtyTrac.