Courtesy of Transwestern North Logan Commons, a power center in the suburban city of Loganville, recently acquired by Big V Property Group. In any other time in commercial real estate history, the sale of North Logan Commons would have been…
Now that remote work has proven to be a viable option for millions of American workers and the companies they work for, a migration from more expensive places to less pricey ones has begun. San Francisco. Though prices have dropped a bit recently, it remains the…
Bisnow/Ethan Rothstein Alicia Glen, former New York deputy mayor for housing and economic development, at the 2016 REBNY gala. The former New York deputy mayor for housing and economic development is taking on the real estate world beyond New York….
Houston is among several U.S. metros expected to see a significant drop-off in migration for at least the next year, as the city continues to experience large job losses brought on by the combination of the coronavirus pandemic and low crude…
Investment giants Blackstone Group and Starwood Capital have each acquired equity stakes in Extended Stay America, which operates 632 long-term hospitality properties. The deals come at a time when the U.S. hospitality industry as a whole has cratered, with occupancies at…
Earth Fare has completed its bankruptcy proceedings, reaching deals to sell 10 of its stores to grocery operators and giving its other 47 leased spaces back to landlords. The company launched as Dinner for the Earth in Asheville, North Carolina, in…
The IRS is looking at delaying deadlines for like-kind exchanges for real estate sales as the industry struggles to function during the coronavirus pandemic. One of the IRS welcome signs at its Washington, D.C. headquarters. Like-kind exchanges, also called 1031 exchanges, allow real…
When Charlotte Morphet started out in the planning industry at the beginning of the last decade, she felt, as she put it, “a bit miffed”. “My friend Alison Mackey [a senior planner at CBRE] and I knew there were a…
The International Council of Shopping Centers’ annual RECon retail convention in Las Vegas, one of the biggest events on the commercial real estate calendar, has been postponed. Bisnow/Joseph Pimentel Early morning crowd at ICSC RECon in Las Vegas Two days after stating that the…
Hunt Real Estate Capital has provided a $38.2 million Freddie Mac Conventional Lease-Up Multifamily loan to finance the acquisition of West End Station Apartments, a 229-unit multifamily property in Winston-Salem. The mid-rise apartment community was completed in 2019, and includes…
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