Bill Shopoff from Shopoff Realty Investments discusses the trend of revitalizing distressed retail spaces into mixed-use residential properties in order to address the housing shortage and improve the retail environment.

Financial management firm Elite Financial Solutions is moving to a pre-built space in the Durst Organization’s 675 Third Avenue in Midtown East, New York City.

The commercial real estate industry faced challenges post-pandemic, with higher interest rates and economic uncertainty impacting property types, particularly office and industrial, but top brokerage firms adapted to meet client needs and reported strong performance in 2022.

The retail industry is experiencing shifts in leasing and investment activity as businesses adapt to rising interest rates and consumer trends in anticipation of the ICSC Las Vegas event.

The analysis by Moody's Analytics CRE for 2024 Q1 shows that maturing CMBS loans are presenting complicated and conflicting data, with some improvements and some worsening compared to the same period in 2023.

The healthcare industry is experiencing market perturbations and shifts towards outpatient care, impacting CRE property owners and investors who must adapt to new strategies to support patients and caregivers while maintaining financial sustainability.

Dallas Central Appraisal District has shocked industrial property owners with significant value increases, sparking protests and concern for cash-strapped tenants amid a challenging market environment.

San Francisco's office investment market sees positive momentum but faces challenges due to a glut of unoccupied office space, with experts divided on the future of property values.

Despite challenges, the Bay Area remains home to three of the most expensive streets for office space in the U.S.

Boston developers and landlords are racing against upcoming deadlines to meet the city's sustainability goals, with some scrambling to offset carbon footprints and avoid fines by utilizing new technologies and alternative compliance options.

Colorado CRE professionals and advocates from the state's hospitality sector file a federal lawsuit in Denver challenging building performance regulations they say will create new burdens on a struggling real estate sector already hindered by high interest rates and a limping office market.

WeWork will remain at 77 Sands Street in Dumbo, Brooklyn in a smaller space with a discounted rent rate after modifying its lease agreement.

The California Supreme Court will hear arguments regarding the constitutionality of a ballot measure that could impact real estate transfer taxes and other special taxes in Los Angeles, with potential widespread implications for commercial real estate.

The UK general election may bring big changes for the British people, but for real estate investment, global factors like oil prices and Middle Eastern unrest are more impactful than the outcome of the election.

A joint venture led by YMP Real Estate Management purchased a four-building office portfolio outside Fort Lauderdale from Starwood Capital Group for $45M, just over half of what was paid nearly a decade ago.

Abacus Capital Group purchases Sherman Oaks multifamily property at a discount from Alliance Residential Company with a $43.4 million loan from JLL Real Estate Capital.

The Moore in Miami's Design District reopens with a new high-end restaurant, Elastika, featuring modern American cuisine curated by Executive Chef Joe Anthony.

The Chicago Bears have proposed a new $3.2B domed stadium on the city's lakefront, with plans for public funding and economic benefits for the city.

Apartment rents in Florida have finally peaked after years of rapid growth, with declines seen in all seven major cities in the state.

The Biden Administration's new minimum staffing requirements for nursing homes will increase costs and strain operators as they face a nursing shortage and rising expenses, with an estimated 79% of facilities needing to increase staffing to meet the new standards.

Larry Ellison announces that Oracle will move its global headquarters to Nashville to be in the heart of the nation's fastest-growing healthcare hub, with plans for a $1.2 billion campus featuring a park-like design and community amenities.

RXR has partnered with One Investment Management to establish a $500M housing fund focusing on rental properties in competitive Sun Belt and gateway cities in the U.S., taking advantage of opportunities in the distressed property market and bridge financing.

Tech entrepreneur Tristan Schukraft purchased The Abbey, a popular LGBTQ club in Los Angeles, for $27 million from investment banker David Cooley.

Thousands of New York City hotel rooms have been used as migrant shelters, leading to uncertainty about their future once the migrant crisis ends.

Critics and advocates scrutinize the Department of Labor's new fiduciary rule, with some reassuring that little will change for advisors working with retail investors, while others threaten litigation and believe the DOL is waging an ideological crusade.

Open Impact Real Estate and JLL have partnered to become the exclusive women-owned business enterprise partner in the tri-state region, focusing on nonprofit real estate deals.

AT&T expands office space at Lenox Park in Buckhead after recent contraction, planning renovations before moving employees in.

Kobalt Music Group re-negotiates lease for smaller space in 2 Gansevoort Street after subleasing larger offices, securing a 10-year deal at $115 per square foot.

Graham Holdings upgrades headquarters in Rosslyn, VA, only a block away from previous space, leasing entire 21st floor of 1812 North Moore Street.

Industrial facility owners in Dallas County are protesting extreme property value spikes, worried about the impact on leasing and seeking to convince the appraisal district its estimates are incorrect.

Sale of the seventh-tallest building in L.A., 777 Tower, falls through at a price of $145 million.

ACORE Capital surpasses fundraising goals with $1.4B for commercial debt fund, becoming largest private real estate debt fund of 2024.

New York City Mayor Eric Adams unveils a $111.6 billion budget proposal focused on public safety, economic growth, and affordability, but provides few details on pressing issues like the migrant crisis.

An Atlanta developer is preparing to start construction on a new Moxy by Marriott hotel in Downtown Atlanta, with plans to finish in time for the FIFA World Cup 2026 matches.

British Land is actively seeking retail park acquisitions outside of the London and south-east markets due to high demand, low vacancy rates, and limited new supply in the sector.

Oracle Corp. plans to move its headquarters to Nashville to be closer to the healthcare industry, despite having recently relocated to Austin from Silicon Valley.

Institutional Property Advisors recently sold and financed the Hangar at Thunderbird, a 266-unit multifamily property in Glendale, AZ, for $69 million, representing a rare investment opportunity due to limited future multifamily supply in the area.

Distressed retail properties have seen steep valuation declines, while hotels and office properties are also struggling but showing signs of improvement in appraisal valuations, according to Morningstar Credit Analytics.

Net lease real estate transactions have slowed down, but investors remain optimistic for the future as the Federal Reserve cuts interest rates and professionals in the industry are recognized in GlobeSt.'s Influencer series.

Real estate sector responsible for large carbon footprint, future focused on carbon-neutral properties, investors urged to prioritize sustainability for financial and environmental benefits.

Retail in Europe is experiencing growth with increasing consumer confidence, collaborations with artists and musicians, and a focus on key locations.

Private equity investor DXD Capital opens new self-storage facility in Daytona Beach, attracting residents from Orlando, Miami, and New York due to favorable living conditions and amenities.

Despite increasing vacancies and negative net absorption in San Diego's industrial market, long-term stability is forecasted due to strong leasing activity and high asking rents.

Express is closing over 100 stores and filing for Chapter 11 bankruptcy, with plans for its fashion retail portfolio to be acquired by a consortium led by WHP Global.

JLL Capital Markets secures $27.7 million in financing to recapitalize a mixed-use residential and retail property portfolio in prime Brooklyn neighborhoods.

More than one-fifth of the Bay Area's life sciences facilities are vacant, with the regionwide vacancy rate standing at 8.3% in Q1 of 2023 due to factors such as layoffs, construction costs, and increased supply.

A growing number of enterprise data centers are expected to adopt liquid cooling in the near future due to the rising heat output of powerful computing equipment, but significant barriers to adoption remain.

Boston Mayor Michelle Wu's proposal to increase commercial property taxes to protect residential properties and the city budget is facing intense criticism from the real estate sector, with critics arguing that the policy is based on assumptions rather than facts and will hinder new development.

Despite a retreat in new capital, long-term buyers in industrial outdoor storage see the next year as filled with buying opportunities in high-demand port regions and up-and-coming inland markets.

Despite the current oversupply issue, Alexandria Real Estate Equities is optimistic about a recovery in life sciences real estate, citing increased investment in early 2024 and predicting growth in funding and tenant expansion in the near future.

Turkish developer unveils plans for 902-foot-tall Miami tower with hotel, condos, and office space, set to deliver in 2027.

Amazon has significantly invested in electric vehicle infrastructure, leading the way in the nation and prompting industrial real estate developers to prepare for the rise of electric fleets.

New York Gov. Kathy Hochul celebrates housing deal with labor leaders and politicians, but real estate industry and tenant advocates are divided on the results.

Greystar completes first phase of Gateway Grand industrial development in Mesa, AZ, offering move-in ready space for a range of users.

Bolour Associates provides $20 million in debt financing for multifamily redevelopment in Greater Los Angeles leading to the creation of 378 new apartments by Grubb Properties.

CoStar Group acquires Matterport in a $1.6 billion transaction, combining their expertise in digitizing real estate and investing in next-generation proptech.

Hines expands into UK data centre and self-storage sectors as part of strategy to invest in alternative real estate assets, amidst growing demand for data centres and potential in the BTR sector.

Tower Capital has hired three new finance experts from Slatt Capital to join its retail-focused capital markets group, as they expand into California and other Sun Belt areas.

Plano city council votes to end creation of short-term rentals in single-family neighborhoods, implementing regulations and new requirements for existing properties.

IT solutions provider Ahead has expanded its offices to a total of 16,486 square feet at 500 Fifth Avenue in New York City.