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The Evolution of Healthcare in Shopping Centers

about 1 hour ago
Healthcare retail is becoming increasingly integrated into shopping centers, driving convenience for customers and anchoring grocery-anchored centers, despite challenges such as economic viability.

The Secrets to Small-Format Retail’s Success

about 2 hours ago
High-quality home furnishings chain Arhaus is embracing smaller store formats to reach more consumers and control costs while capitalizing on the demand for premium retail spots.

Shadow Ventures CEO KP Reddy On What Proptech Venture Capital Gets Wrong

about 2 hours ago
KP Reddy, founder of Shadow Ventures, doesn't like the term "proptech" but believes in investing in startups with technical risks and a high potential market.

Northmarq Expands Lending Platform With Morrison Street Capital Merger

about 3 hours ago
Commercial real estate lender Northmarq is merging with investment management company Morrison Street Capital to expand their national focus and offer new services to their clients.

Retail by MONA’s Brandon Singer on the Luxury-Led Resurgence in Storefronts

about 3 hours ago
Luxury retail is leading the comeback in New York City's retail sector, with high-end brands investing in physical stores in posh locations for a unique shopping experience that cannot be replicated online.

Seeking Top Net Lease Professionals

about 5 hours ago
The net lease sector of commercial real estate is experiencing a slowdown in transactions, but remains a beacon for investors seeking steady returns, with GlobeSt. seeking nominations for the 2024 Influencers in Net Lease Real Estate.

Business Economists Have Higher Inflation Expectations

about 5 hours ago
Inflation is expected to remain a concern throughout 2024, with forecasters projecting elevated levels and predicting a decrease in interest rates by the Federal Reserve.

Asking Rents Dive in These Markets

about 5 hours ago
A new analysis by Redfin reveals significant variation in median asking rents among 33 metro areas in the U.S., with some experiencing significant declines while others see increases.

Renters Most Interested in This Midwestern City

about 6 hours ago
Overland Park, Kansas has surpassed Minneapolis as the most sought-after city among renters exploring RentCafe.com for apartments, with high engagement indicating strong interest from apartment seekers.

NY Fed Says Supply Chain Disruptions Are Still a Concern

about 6 hours ago
Economists are starting to recognize that supply chain disruptions can have a significant impact on the global economy and inflation, as shown by recent data from the Federal Reserve Bank of New York.

Retailers Look for Success in Secondary and Tertiary Markets

about 6 hours ago
Retailers are expanding into secondary and tertiary markets for economically friendly environments and growth opportunities, with Pennsylvania serving as a notable example.

Celebrity Restaurants Turn on the Heat

about 6 hours ago
The article highlights the rise in celebrity-owned restaurants in the US and Canada, with a focus on the increase in openings in 2021 and the factors driving this trend, such as star power and the restaurant's fit with the neighborhood.

How Retailers Are Leveraging Technology

about 6 hours ago
Retailers must address the complexities of each generation's relationship with technology, focusing on personalization, inventory control, and leveraging technology for growth and efficiency.

Retail Businesses Renewed Focus on Customer Proximity

about 6 hours ago
The post-pandemic retail landscape saw a shift towards proximity to consumers, emphasizing convenience and accessibility in suburban locations.

Columbia Property Trust Gets Modification of $1.7B Loan

about 6 hours ago
Columbia Property Trust secures a loan modification extending maturity date and reducing interest rates after defaulting on a $1.7B loan.

Madison Realty Plans Tallest Tower in Santa Monica

about 6 hours ago
Madison Realty Capital plans to build the tallest building in Santa Monica at 260 feet tall, exceeding previous height limits and including affordable housing units.

San Diego Moves Forward on Downtown Affordable Housing

about 6 hours ago
The city of San Diego plans to transform a downtown site designated for a Ritz-Carlton hotel into a 100% affordable multifamily campus with 402 units reserved for lower-income households.

MRP Buying Gallery Place At 17% Of Assessed Value

about 16 hours ago
Gallery Place property near Capital One Arena set to sell at $39M, a fraction of assessed value, as MRP Realty-led joint venture acquires struggling mixed-use building with high vacancy rates.

Philadelphia Rents Nudge Up For First Time Since Last Year

about 16 hours ago
Philadelphia multifamily rent growth has barely turned positive, with rents ticking up by 0.1% to an average cost of $1,729 a month, as new units come online and concessions are offered to lure tenants.

New Museum to Open Temporary 250 Bowery Office During Redevelopment

about 16 hours ago
The New Museum will temporarily move its administrative offices to a commercial condominium on the Bowery while completing a 60,000-square-foot expansion of its flagship building.

Colorado's Ski Resorts Retool As Year-Round Destinations

about 17 hours ago
Colorado ski resorts are investing millions in new summer attractions to combat a warming climate and attract year-round visitors, driven by concerns over climate change and the need to adapt to evolving economic realities in resort towns.

Consulting Firm Armanino Secures 45K SF of SoCal Office Space With Irvine Company

about 18 hours ago
Armanino secures two full-floor leases at prestigious office buildings in Los Angeles and Orange County, nearing full occupancy.

Velodrome Funding Pledge Gets Dublin Sports Campus Back On Track

about 18 hours ago
The funding for Dublin's new international-class velodrome included in the National Development Plan will bring economic benefits to the surrounding area, similar to successful examples in the UK, with construction set to start between 2025 and 2026.

Google To Open 1M SF Distribution Center North Of Fort Worth

about 19 hours ago
Google is preparing to open a massive distribution center in the Alliance submarket with a $20.3M interior build-out underway under the code name Project Beast.

ICSC Las Vegas Returns With First Day at the Wynn

about 19 hours ago
Real estate professionals converge in Las Vegas for ICSC conference, networking, and deal making opportunities.

Fintech Firm Quantitative Brokers Renews 7K-SF HQ at 285 Madison Avenue

about 20 hours ago
Quantitative Brokers renewed its lease at RFR Realty's 285 Madison Avenue for another seven years at $85 per square foot, with the landlord seeking an extension for its CMBS loan.

Aby Rosen's RFR Facing $2.5B Debt Bill As Defaults Pile Up

about 20 hours ago
RFR's office portfolio in NYC is facing looming debt as loans come due, leading to potential financial difficulties and lawsuits.

Amazon Pays $218M for More Virginia Land for Data Center Development

about 20 hours ago
Amazon Web Services has built data centers next to residential neighborhoods in Manassas, VA.

3650 REIT, JP Morgan Chase Provide $62M Refi on Columbus Warehouse

about 21 hours ago
Cleveland and California companies secure $62 million to refinance Columbus Business Park in Ohio, a 3.9 million square foot industrial complex, with help from 3650 REIT and J.P. Morgan Chase.

King Street Capital Acquires AI Data Center Firm

about 21 hours ago
Hedge fund King Street Capital Management acquires majority interest in AI-focused data center operator Colovore to fuel rapid expansion in major data center markets to support growing demand for facilities capable of supporting AI computing.

WeWork Moves To Keep 89 More Locations, Bringing Rent Savings To Over $11B

about 21 hours ago
WeWork plans to restructure dozens of leases to reduce rent commitments, aiming to emerge from bankruptcy and streamline operations.

Ares Pays $140M in South Florida’s Biggest Multifamily Deal This Year

about 21 hours ago
Ares Management purchased a 284-unit property in Boca Raton for $139.7 million in South Florida's largest multifamily deal of the year so far.

Mesmerize Media Renews 5K SF at 505 Eighth Avenue

about 21 hours ago
GFP Real Estate signs trio of leases at 505 Eighth Avenue, including Mesmerize Media, Shankar Ninan & Company, and Indego Africa Project.

W. P. Carey Secures Largest Industrial Lease in Chicago This Year

about 21 hours ago
W. P. Carey secures largest industrial lease in Chicago for 2024 at 701 Central Ave in University Park, emphasizing the strength of the Chicago industrial market.

Imminent Retail Renaissance Could be Curtailed by Weak Consumer Spending, Brokers Say

about 21 hours ago
Despite a positive outlook for retail leasing, brokers fear that lackluster consumer spending and changing lease negotiations may hinder growth for retailers.

ICSC Opens With Discussion of the Store’s Evolution

about 21 hours ago
Industry experts discuss the importance of evolving retail strategies, particularly focusing on digital platforms, customer needs, and the value of personalized in-store experiences for brands like McDonald's, Starbucks, and others.

Not Distressed But ‘Stressed’: Investors See Hotel Buying Opportunities Coming

about 22 hours ago
The foreclosure of the Waldorf Astoria in D.C. may be a sign of distress in the hospitality sector, with potential opportunities for acquisitions due to rising interest rates and upcoming property loan maturities.

TPG, PAG Look To Sell Off Remaining Ownership Stakes In Cushman & Wakefield

about 22 hours ago
Private equity firms TPG and PAG Asia Capital plan to exit their investment in Cushman & Wakefield, selling their combined 26.5 million shares worth $310M, leaving the brokerage firm entirely divested from the investors.

Multifamily Leads Record Increase In April Distress Rate

about 22 hours ago
The multifamily industry continues to face distress with a record high distress rate in April, as loan defaults and property values decline, leading to challenges in refinancing for owners and developers.

Romano Law Expands NYC HQ in Move to One Battery Park Plaza

about 23 hours ago
Romano Law is relocating from its current Broad Street spot to more than double its headquarters in NYC due to the conversion of its current building to residential use.

Morgan Stanley, JP Morgan, Deutsche Bank Finance $705M Acquisition of Arizona Hotel

about 23 hours ago
Private equity firm Henderson Park and Pyramid Global Hospitality have acquired the Arizona Biltmore hotel and resort in Phoenix for $705 million, marking one of the largest national hospitality deals of the year.

Seafood Chain Red Lobster Files for Bankruptcy

about 23 hours ago
Red Lobster files for Chapter 11 bankruptcy following closure of multiple locations nationwide.

Executive Recruiter Arrow Search Moving to 12K SF at 275 Madison Avenue

about 24 hours ago
Arrow Search Partners is moving its headquarters to a private office on Madison Avenue from its current flex space on Fifth Avenue due to company growth.

RXR Defaults on $315M Loan Secured by 340 Madison Avenue in Manhattan

1 day ago
RXR might be facing foreclosure on 340 Madison Avenue after defaulting on a $315 million loan from MassMutual.

Distress Up in Nearly Half of Top CRE CLO Issuers

1 day ago
CRED iQ research team revisited CRE CLO rankings, finding high delinquency rates for Ready Capital and Varde Partners, while Ladder Capital and Blackstone had 0 percent delinquency.

Industry Veteran Brent Habeck Joins One Beverly Hills Project as Co-Head of Leasing

1 day ago
Industry veteran Brent Habeck has been appointed as the new executive vice president of commercial leasing at One Beverly Hills, a multibillion-dollar mixed-use development in Southern California.

Jamie Dimon Is As Pessimistic As Ever

1 day ago
Jamie Dimon, chief executive of JPMorgan, continues to express concern over potential inflationary pressures and warns of the possibility of stagflation, urging caution and scenario planning.

Here's Another Capital Source Pulling Back From Lending

1 day ago
Depository banks and major mortgage REITs are pulling back on CRE lending due to concerns about falling property values and regulatory risks, leading to a significant decrease in loan portfolios.

Regional Bank Sells Multifamily Portfolio for $2.9B

1 day ago
Washington Federal Bank is selling 2,000 multifamily loans to Bank of America for $2.9 billion to reduce its exposure to the commercial real estate sector, as regional banks face increased regulatory scrutiny.

Amazon's Warehouse Leases Keep Getting Bigger

1 day ago
Amazon has signed multiple leases for warehouses over 1 million square feet in the western half of the country, transitioning away from smaller facilities in anticipation of labor disputes at East Coast ports.

Demand For Life Sciences Space Continues to Boom

1 day ago
Boston, San Francisco, New York, and San Diego are the top life sciences markets in the US, experiencing high demand and growth due to advances in medical research and technology.

CRE Sentiment Makes a Surprising Turn

1 day ago
CRE developers and building owners are feeling more optimistic about the year ahead as NAIOP's index of CRE sentiment rose above 50 for the first time in 18 months, indicating expectations for improved conditions and easier capital flow.

Experts Weigh In on Latest Net Lease Trends

1 day ago
B+E CEO Camille Renshaw anticipates stable interest rates leading up to the election and potential post-election decrease in Fed rate, highlighting retail trends such as sale leasebacks and high demand for specific property types.

Transforming Communities Through Educational Infrastructure

1 day ago
There is a shift towards value-added retail projects driven by the current financial landscape, with Fortec focusing on transforming vacant properties into educational hubs tailored to community needs.

There’s a Race On for Restaurant Space in the U.S.

1 day ago
The restaurant industry is experiencing a major shift as emerging concepts with capital and technology gain ground, while struggling older brands are forced to close locations due to rising costs and changing consumer preferences.

Thor, Partners Plan $3B Coney Island Casino Development

1 day ago
Thor Equities and its partners are proposing a $3B casino and hotel development called "The Coney" near the Coney Island subway station as a bid for one of three casino licenses in NYC, but significant regulatory hurdles may delay the project's opening until late 2026 or later.

Loan Backed by 731 Lexington Avenue to Special Servicing

1 day ago
Alexander's REIT's office tower at 731 Lexington Avenue faces financial challenges with a $500M CMBS loan going into special servicing and the rejection of an offer to pay down debt in exchange for an extension, despite securing a long-term lease with Bloomberg.

Macy's at East Bay Mall to be Tech R&D Hub

1 day ago
The former Macy's store at Bayfair Center in San Leandro is being converted into part of an R&D hub as part of the Speedway at Bayfair center for innovation development.

Stephen Curry Pays $8.5M For Vacant Property In San Francisco's Dogpatch Neighborhood

1 day ago
Stephen Curry purchases a vacant office building in Dogpatch for $8.5M with plans to revitalize the neighborhood with his enterprise Thirty Ink.

Developers Forced To ‘Invent The Wheel’ To Meet Ballooning Data Center Energy Needs

1 day ago
Tech giants are working on deploying gigawatt-scale data centers, aiming for projects that could consume as much power as a major city, as they navigate challenges related to energy demand and collaboration with energy firms.