Asked what Uncommon Developers seeks to bring about with its mixed-use and multifamily projects, co-founder Ryan Hekmat replied, “job creation.” More broadly, Hekmat told Connect CRE that the goal is to grow the local communities surrounding the projects. “Our focus is to create environments that strengthen…
Despite the uncertainty in the U.S. economy, commercial real estate remains largely resilient. The multifamily, retail and industrial sectors are all strong, and there are several strong investment opportunities in these markets, as well as in workforce housing, office and more. …
Halstatt Real Estate Partners, along with Development Ventures Group and Ustler Development (Partnership), has sold UnionWest at Creative Village, a mixed-use student housing tower in Orlando, Fla. Provident Resources Group purchased the asset, which was funded through the offering of…
Provident Data Centers and American Real Estate Partners’ PowerHouse Data Centers have formed a joint venture to build a data center campus near Dallas slated to be one of the largest such complexes in the United States. Provident and AREP’s PowerHouse Data…
A development team of Griffin Brothers Property Services and Quore Real Estate Advisors is trying to get the city of Charlotte to rezone 24 acres in Brookhill Village along Remount Road at the edge of South End. The zoning designation…
The landlord of a six-story office building near Perimeter Mall has sought approval to convert the space into 207 residential units for seniors. The 14-acre property, first developed in 1982, is known as Ashford Green (photo). Its office space is…
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…
As utilities in major data center markets struggle to keep up with the industry’s energy consumption, data center developers are increasingly building far beyond the borders of the sector’s traditional hubs. The rapid growth of the data center sector in…
As the coronavirus storm clouds began to gather in March, CRG Managing Partner J.J. Smith was hired to help run the firm’s residential sector. In the first few weeks, he concentrated on developing a plan that leaned heavily on urban infill projects in…
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