Orlando-based SeaWorld Entertainment Inc. has made an unsolicited offer to buy theme park operator Cedar Fair for $3.4B, according to Bloomberg. If the deal goes through between the two publicly traded companies, SeaWorld could add 13 theme parks and thousands of acres…
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…
Zillow’s exit from the house-flipping business created an opening for investors bullish on the single-family rental market, with an inventory of 9,800 houses nationwide up for sale. Single-family rentals are still a relatively small part of the U.S. residential market, but…
This series gets into the heads of the decision-makers of CRE, the people shaping the industry by setting investment strategy, workplace design, diversity initiatives and more. Prevailing leadership philosophies have finally caught up to Clay Grubb. Since taking the helm of…
The coronavirus pandemic created a work-from-home revolution that may lead to a decline in tax revenues from commercial properties, and cities will suffer as they cannot provide important services to residents, a new report warns. If current trends persist, demand for commercial…
When Paul Nair opened the first location of his upscale neighborhood grocer, Savi Provisions, in Atlanta’s Inman Park neighborhood in 2008, he didn’t realize he was on the cutting edge of a trend that has begun to reshape retail markets from the suburbs…
Courtesy of Sean Moynihan Newmark Executive Vice President Sean Moynihan, right, with his wife, Angela, and son Jack. A youth soccer coach-turned-office leasing agent is now the newly minted head of brokerage for Newmark’s Southeast region. Sean Moynihan has been named…
Courtesy of CBRE 25-01 Queens Plaza North, where Grubb Properties plans to build a 317-unit building. A new-to-New York developer just dropped $63M on a Long Island City property. Charlotte, North Carolina-based Grubb Properties, known for its workforce housing development, picked up…
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