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Sygnii is the newest multifamily asset in one of the tightest markets in the Pacific Northwest, reaching stabilized occupancy twice as quickly as the average new community so it attracted strong investor interest.
Currently, San Francisco tenant demand of 7.6 million square feet outpaces availability at 7.4 million square feet, mainly in the large user category, and absorption should remain strong for the remainder of the year.
The firm plans a series of diversified and specialty portfolio investment options to provide individual investors and registered advisors another way to diversify commercial real estate investments.
In an exclusive audio interview, Newark real estate attorney Ted Zangari says investors need to start identifying appreciated assets quickly so that they can engage in Opportunity Zone transactions before the end of 2019 to gain the maximum tax advantages.
More US building owners and investors can turn energy waste from existing assets into guaranteed, bankable revenue streams, thereby gaining substantial financial upside while cutting carbon emissions.
Manor was named a fastest-growing suburb in the US by Realtor.com, attracting young professionals and families who want to be close to Austin for work but live in a community with parks and eateries.
Toll Brothers has started construction on its “Brownstones” collection of luxury townhomes at the property. Toll Brothers is planning to build as many as 306 units of housing, including 40 affordable senior units and 21 affordable workforce housing units.