Breaking news, in-depth analysis and professional commentary for the commercial real estate industry. The accompanying print publication, Real Estate Forum, is in its 66th year of publication. GlobeSt.com also hosts the dynamic, industry-driven RealShare conference series around the year at a series of strategic market locations.
Mission: It is the mission of GlobeSt.com to provide in-depth and breaking commercial real estate news around the clock in major and secondary markets throughout the country. In doing so, GlobeSt.com has become the premier destination for original and timely real estate related content on the Internet. The depth and breadth of GlobeSt.com’s local and regional focus is both unprecedented and critical to filling a vastly under-served need: to provide a competitive advantage for industry participants (brokers, developers, lenders, managers, corporate executives and financiers) and to make the global, multi-trillion-dollar real estate market more efficient.
In an article and podcast, Alessandro Piol, co-founder and partner of venture capital firm AlphaPrime, tells GlobeSt.com how building communities energizes businesses. And that supports real estate.
In an article and podcast, Alessandro Piol, co-founder and partner of venture capital firm AlphaPrime, tells GlobeSt.com how building communities energizes businesses. And that supports real estate.
Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The application deadline for nominations is fast approaching at July 17, 2019.
Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The application deadline for nominations is fast approaching at July 17, 2019.
While investors are increasing their exposure to senior housing, high operating costs are a top concern.
While investors are increasing their exposure to senior housing, high operating costs are a top concern.
Tara Mulrooney, formerly an associate at the construction law firm, has returned as their newest partner.
Tara Mulrooney, formerly an associate at the construction law firm, has returned as their newest partner.
Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.
Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.
A private investor buys a 12-unit apartment community in Placentia with plans for significantly more than it was valued for last year.
A private investor buys a 12-unit apartment community in Placentia with plans for significantly more than it was valued for last year.
US apartment demand spiked during the second quarter of 2019 with product absorption climbing to a five-year high, according to RealPage. It reports that net move-ins totaled 155,515 units in the April-through-June time frame, topping Q2 2018 product absorption by 11%.
Building in the US apartment sector remains at three-decade highs, RealPage also reports—which could lead to near-term risk.
Have you submitted nominations for our latest awards? Time is running out!
Nominations are Open for Real Estate Forum’s Fifty Under 40 List https://news.alm.com/PAx7u3D
Real Estate Forum Wants to Hear from Multifamily Influencers
https://news.alm.com/gj4oxfz
The Lourdes Health System includes Our Lady of Lourdes Medical Center in Camden, NJ; Lourdes Medical Center of Burlington County, Lourdes Medical Associates, and Lourdes Cardiology Services—all of which are now part of Virtua.
The Lourdes Health System includes Our Lady of Lourdes Medical Center in Camden, NJ; Lourdes Medical Center of Burlington County, Lourdes Medical Associates, and Lourdes Cardiology Services—all of which are now part of Virtua.
Three reasons why healthy building certifications can positively impact the bottom line of office building owners and tenants.
Three reasons why healthy building certifications can positively impact the bottom line of office building owners and tenants.
Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.
Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.
The 454-unit Tampa, FL portfolio is the first joint venture transaction between the two firms.
The 454-unit Tampa, FL portfolio is the first joint venture transaction between the two firms.
UPDATE: HFF stockholders approved the acquisition at their annual meeting.
HFF stockholders approved the acquisition at their annual meeting.
The opportunities in this industry are there and they are growing; go out, find them, and own them.
The opportunities in this industry are there and they are growing; go out, find them, and own them.
Still pending is the approval by HFF stockholders at the company’s annual meeting earlier in the day on July 1.
Still pending is the approval by HFF stockholders at the company’s annual meeting earlier in the day on July 1.
Augmented reality can help achieve better interior design in the large, expansive commercial spaces.
Augmented reality can help achieve better interior design in the large, expansive commercial spaces.
The White House is developing a plan to cut taxes by indexing capital gains to inflation, according to people familiar with the matter, in a move that would largely benefit the wealthy and may be done in a way that bypasses Congress.
The White House is developing a plan to cut taxes by indexing capital gains to inflation, according to people familiar with the matter, in a move that…
Beech Spring Apartments is a 53-unit garden-style apartment community situated in the northwest corner of Union County in proximity to the Short Hills Mall.
Beech Spring Apartments is a 53-unit garden-style apartment community situated in the northwest corner of Union County in proximity to the Short Hills Mall.
There has been plenty of talk coming out of Washington, DC that attention will finally turn to Fannie Mae and Freddie Mac to bring them out of conservatorship.
New CBRE research shows that multifamily mortgage delinquency rates remain at very low levels, a healthy—and underappreciated—performance metric for the sector.
We are looking to shine a light on marketing and communications professionals who have made an impact on the industry. Submission deadline is September 13, 2019.
Real Estate Forum is looking to shine a light on marketing and communications professionals who have made an impact on the industry. Submission deadline is September 13, 2019.
The grocery model is evolving, and stores are integrating more technology and downsizing.
The grocery model is evolving, and stores are integrating more technology and downsizing.
A tax partner and real estate partner in the law firm of Greenspoon Marder review opportunity zone scenarios when failure to meet program requirements can arise.
A tax partner and real estate partner in the law firm of Greenspoon Marder review opportunity zone scenarios when failure to meet program requirements can arise.
A 14-unit apartment property in the market trades at one of the highest per-unit prices in the market.
A 14-unit apartment property in the market trades at one of the highest per-unit prices in the market.
Vici Properties, a REIT spun off to Caesars’ creditors almost two years ago, played a key role in financing the deal.
Vici Properties, a REIT spun off to Caesars’ creditors almost two years ago, played a key role in financing the deal.
We're a little over 2 weeks out from our #GlobeStWOI event! Are you joining us in Colorado? Learn more here: https://news.alm.com/CNkqDXM
Considering the relevance and importance of the market, GlobeSt. Real Estate Forum is looking to shine a spotlight on the people and firms who have helped to shape the healthcare real estate industry and continue to drive its spectacular performance.
The nomination deadline for Real Estate Forum’s Influencers in Healthcare Real Estate is fast approaching on September 6, 2019.
CRE owners should remain prudent and prepare for an eventual correction in the US markets.
CRE owners should remain prudent and prepare for an eventual correction in the US markets.
As construction costs continue to increase, developers can benefits from better pre-construction planning and scheduling.
As construction costs continue to increase, developers can benefits from better pre-construction planning and scheduling.
Casino and hotel operator Caesars had been pushed to consider a sale by Icahn, its biggest shareholder.
Casino and hotel operator Caesars had been pushed to consider a sale by Icahn, its biggest shareholder.
What’s the one thing you wish you had known when starting your career? How did you find your first mentor? Were there questions or topics you had no idea how to tackle?
What if you had one place to go to discuss all things career related?
ALM Young Professionals Network is a LinkedIn group dedicated to tackling issues all young professionals face including salary negotiations, leadership, diversity issues and more.
MCR, which is headquartered in New York City and Dallas, acquired the 150-room hotel located nearby the Prudential Center, a major entertainment venue and home to the New Jersey Devils, for an undisclosed price.
MCR, which is headquartered in New York City and Dallas, acquired the 150-room hotel located nearby the Prudential Center, a major entertainment venue and home to the New Jersey Devils, for an undisclosed price.
Dylan Taylor, who has been with Colliers for ten years, was promoted to the role some six months ago.
Dylan Taylor, who has been with Colliers for ten years, was promoted to the role some six months ago.
Expect California, New York, Maryland, Illinois and New Jersey to enact some type of rent control legislation by the end of 2020.
Expect California, New York, Maryland, Illinois and New Jersey to enact some type of rent control legislation by the end of 2020.
As data becomes easier to attain, the relationship aspect of commercial real estate is becoming less of a competitive differentiator.
As data becomes easier to attain, the relationship aspect of commercial real estate is becoming less of a competitive differentiator.
What’s the one thing you wish you had known when starting your career? What if you had one place to go to discuss all things career related? Introducing ALM Young Professionals Network:
ALM Young Professionals Network is a LinkedIn group dedicated to tackling issues all young professionals face including salary negotiations, leadership, diversity issues and more.
The Port Authority announced on Monday the completion of the ExpressRail Port Jersey facility, operated by GCT Bayonne – the final piece of the Port of New York and New Jersey’s intermodal rail network spanning facilities in Elizabeth, Newark and Staten Island, NY.
The Port Authority announced on Monday the completion of the ExpressRail Port Jersey facility, operated by GCT Bayonne – the final piece of the Port of New York and New Jersey’s intermodal rail network spanning facilities in Elizabeth, Newark and Staten Island, NY.
Among the measures, Google will establish a $250 million investment fund that will provide incentives to developers to build at least 5,000 affordable housing units.
Among the measures, Google will establish a $250 million investment fund that will provide incentives to developers to build at least 5,000 affordable housing units.
Collectively, the fund and separate accounts create a lending capacity of up to $7 billion for the firm.
Collectively, the fund and separate accounts create a lending capacity of up to $7 billion for the firm.
Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accordia Partners and Ares Management were selected by the University of Massachusetts earlier this year to develop the Bayside Expo Center site.
Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accordia Partners and Ares Management were selected by the University of Massachusetts earlier this year to develop the Bayside Expo Center site.
TD Bank provided developer Blue Sky Communities of Tampa, FL with a $22-million construction loan and a $20.3 million equity investment through the purchase of Low-Income Housing Tax Credits from TD’s Community Capital Group for its Preserve at Sabal Park project.
TD Bank provided developer Blue Sky Communities of Tampa, FL with a $22-million construction loan and a $20.3 million equity investment through the purchase of Low-Income Housing Tax Credits from TD’s Community Capital Group for its Preserve at Sabal Park project.
CoStar Group senior consultant Andrew Rybczynski explains what that means in the record breaking deal, for industrial property trends.
CoStar Group senior consultant Andrew Rybczynski explains what that means in the record breaking deal, for industrial property trends.
Domenico De Sole, chairman of Sotheby’s Board of Directors, says that the board of directors approved the purchase deal after a comprehensive review. “After more than 30 years as a public company, the time is right for Sotheby’s to return to private ownership to continue on a path of growth and success," he says.
Domenico De Sole, chairman of Sotheby’s Board of Directors, says that the board of directors approved the purchase deal after a comprehensive review. “After more than 30 years as a public company, the time is right for Sotheby’s to return to private ownership to continue on a path of growth an...
How will competing grocery chains utilize delivery options to maximize profitability?
How will competing grocery chains utilize delivery options to maximize profitability?
Construction on the $714-million project is expected to begin in 2022. The new pavilion that will total 438,000 square feet of usable space, will feature nine floors of cutting-edge technology and a design to provide patients and families with world-class acute care.
Construction on the $714-million project is expected to begin in 2022. The new pavilion that will total 438,000 square feet of usable space, will feature nine floors of cutting-edge technology and a design to provide patients and families with world-class acute care.
“Core to BlackRock Real Assets’ investment process is the integration of ESG considerations, including sound governance practices,” says CIO Jim Barry.
“Core to BlackRock Real Assets’ investment process is the integration of ESG considerations, including sound governance practices,” says CIO Jim Barry.
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