Cityview, a locally based multifamily investment management and development firm, has completed Jasper, a 296-unit Opportunity Zone project adjacent to the University of Southern California in Los Angeles’ rapidly growing University Park East neighborhood. Located at 2528 S. Grand Ave., the…
The Sun Belt has quickly become one of the country’s hottest regions for commercial real estate, and in North Carolina’s largest city, Charlotte, business is thriving. Due to the city’s rapidly growing job market and steep increase in population, Charlotte CRE…
Richmond has experienced faster population growth than Northern Virginia since the start of the pandemic, and several employers and developers are seeing the migration trends as a reason to expand in the market. Bisnow/Chase Goff Hirschler Law’s Matthew Roberts moderates a panel with Crescent…
Industrial developers are going the extra mile to fortify facilities as a confluence of population growth across Middle America and the rise of severe weather events outside of the region known as Tornado Alley puts more warehouses in the path…
Jamestown sold Malibu Village for $81.5M, or about $1,600 per SF, to Stan Kroenke, according to The Real Deal, which cited an anonymous source. The deal represents a big discount from the $120M, or $2,300 per SF, Jamestown paid for the…
While the national industrial vacancy rate sits at 3.9%, unstable economic conditions continue to worry lenders, investors and developers alike, causing a chain reaction of skepticism to spread throughout the sector. Because of this, demand has somewhat softened. However, it continues…
Bisnow/Dees Stribling Austin, which is among the U.S. real estate markets attracting foreign investor interest. Foreign investors have returned in force to buy U.S. commercial real estate, acquiring $70.8B worth of assets in 2021, according to Real Capital Analytics data,…
Starwood Real Estate Income Trust and Morningstar Properties have formed a joint venture to invest in the “resilient” self-storage sector, according to a Tuesday release. The new entity will recapitalize 25 self-storage assets already owned by Morningstar funds and invest in additional assets to be operated under the…
Every year, Atlanta’s industrial real estate seems to break new records in terms of activity and rents, evidence of the never-ending demand for warehouse space in the Southeast’s primary logistics hub. But even by those high standards, 2021 blew previous…
Courtesy of Chicago Neighborhood Initiatives Pullman Crossings A deadline is approaching for investors that want to pour capital gains into federal opportunity zones, and a rush could be on. As of Jan, 1, investments into qualified opportunity zone funds won’t receive…
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