All during the coronavirus pandemic, the narrative has been that Sun Belt cities have been growing, but the area with the largest population growth in the nation isn’t Miami, Atlanta or Charlotte, North Carolina. Census data released last week revealed that…
The top job at Atlanta City Hall is up for grabs Nov. 2 after Mayor Keisha Lance Bottoms’ surprise announcement that she won’t be running for re-election. In the wide-open race to replace her, the local commercial real estate industry…
Bisnow/Jon Banister WashREIT’s office building at 1775 Eye St. NW The picture of how much commodity office buildings in D.C. are selling for post-pandemic is getting clearer now that the prices Brookfield Asset Management paid for a chunk of WashREIT’s office portfolio have become public. The…
Another out-of-town firm is targeting the Metro Atlanta area’s burgeoning build-to-rent housing sector, where developers take single-family homes and townhouses and operate them like apartment communities. Courtesy of Haven Realty Capital Queen City Townes in Charlotte, one of the three…
America has reached a tipping point when it comes to affordable housing. There is a need for 7.2 million more affordable housing units for extremely low income families, the majority of whom currently spend more than half of their income on…
Since the beginning of the coronavirus pandemic, there has been a great deal of discussion surrounding where Americans will choose to live now that many are able to work from home. Will there be a mass migration away from major…
Courtesy of SevenCapital Switch Hospitality Managing Director John Angus and SevenCapital Operations Director Charlotte Thursfield Switch Hospitality will provide hotel services to SevenCapital’s new St Martin’s Place apartment development in central Birmingham. The tie-up is believed to be the first…
The office sublease market may finally be cooling off. The amount of sublease space in Chicago’s Central Business District increased by 75% between Q1 2020 and Q1 2021, hitting a historic high of 5.7M SF, but the market has begun…
WashREIT is transitioning into a multifamily-only REIT with massive deals to sell its office and retail portfolios. Bisnow/Jon Banister WashREIT CEO Paul McDermott and Boston Properties’ Senior Executive Vice President Ray Ritchey at Bisnow’s 2018 D.C. State of the Market…
Investors are back on a multifamily buying spree as the Atlanta area emerges from the coronavirus pandemic. Courtesy of Spaxel The Hills at East Cobb apartments, which were recently acquired by New York-based Spaxel. During the first quarter, investors bought more…
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