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  • newStandard Communities Acquires South Carolina MF Community for $26M
    Standard Communities, the affordable housing division of Standard Companies, has acquired Canebreak Apartments, an affordable apartment community in Summerville, S.C. The sales price was $26.3 million. Located on more than eight acres, the 120-unit c…
    - 3 hours ago 26 Oct 20, 12:50am -
  • newJLL Arranges $35M Sale of Industrial Development Site in Miami
    JLL has arranged the $34.7 million sale of a 117-acre site within the Homestead Park of Commerce. The sale represents the largest industrial land sale recorded in Miami-Dade County over the past three years, according to JLL. Located at SE 36 Avenue…
    - 9 hours ago 25 Oct 20, 7:16pm -
  • COVID-19 Deepens the Digital Divide, Says Lightbox
    Broadband availability has been at the heart of the digital divide, with an estimated 21.3 million people lacking access in 2019, according to the Federal Communications Commission (FCC). It’s a divide which has been deepened by the pandemic, say…
    - 3 days ago 23 Oct 20, 3:37pm -
  • Apartment REITs Vulnerable to Pandemic’s Economic Fallout
    US multifamily REITs with high exposure to class B and C assets and properties in gateway cities—including Class A assets—are vulnerable to the economic fallout of the COVID-19 pandemic, due to risk of urban flight and high job losses among lower…
    - 3 days ago 23 Oct 20, 3:31pm -
  • The Unexpected Ripple Effects of Amazon’s Expansion
    Amazon’s expansion over the course of the pandemic has been well documented on Connect Media and elsewhere, with new reports of yet another large-scale fulfillment center in development for the e-commerce giant sometimes occurring more than once a…
    - 3 days ago 23 Oct 20, 3:26pm -
  • The Election Matters for Property Performance, But Not Because of the Winner
    It’s arguably the most closely-watched national election in at least a generation, and arguably the most consequential. There are convincing arguments to be made either for an outcome that preserves the status quo or one that shifts control of the…
    - 3 days ago 23 Oct 20, 3:16pm -
  • MIPIM NYC Tech Conference Goes Online Dec. 8-11
    Propel by MIPIM – NYC Online, in partnership with MetaProp, and NYC Real Estate Tech Week 2020 will be hosted virtually on Dec. 8-11 as part of NYC Real Estate Tch Week. Reed MIDEM and MetaProp again joined forces to organize the annual event, this…
    - 3 days ago 23 Oct 20, 7:09am -
  • Howard Hughes Redoubles Commitment to South Street Seaport
    The Howard Hughes Corporation on Thursday unveiled a comprehensive proposal for Lower Manhattan’s Seaport area, including the transformation of an underutilized full-block surface parking lot along the boundary of the South Street Seaport Histo…
    - 3 days ago 23 Oct 20, 7:05am -
  • Why Is this Recession Different? For One Thing, Land Sales for Residential Development Are Up
    By Dan Spiegel, Coldwell Banker Commercial What is driving these anomalistic land sales for residential development? Since February, the U.S. economy has been in a recession. And while commercial real estate development typically slows during a reces…
    - 3 days ago 23 Oct 20, 7:05am -
  • Transwestern to Lease Up Office Space at Apartment Tower
    Transwestern Real Estate Services was selected by Onni Group to provide leasing services for 70,000 square feet of office space within THREE Old Town Park in the Near North Side submarket. EVP Eric Myers and SVP Kathleen Bertrand will provide le…
    - 3 days ago 23 Oct 20, 7:05am -
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