Residential propety

MURIYA LAUNCHES FIRST OF ITS KIND RESIDENTIAL “FANAR VIEWS”…

(MENAFN-Mid-East.Info) New project promises to boost investment opportunities in Dhofar’s real estate sector MUSCAT, Oman: Muriya, Oman’s most diverse property developer, has announced the launch of Fanar Views, a one-of-a-kind new residential project located in Hawana Salalah. Just a five-minute walk from Fanar Hotel & Residences beach, marina and the destination’s world-class amenities, Fanar Views […]

Residential propety

After the Pope’s apology for residential schools, what comes next?

People demonstrate during Pope Francis’ visit to Nakasuk School in Iqaluit on July 29.GUGLIELMO MANGIAPANE/Reuters On the first full day of spring 2010, Catholic clergy mounted pulpits across Ireland to make a historic plea for forgiveness. They read aloud a 4,500-word missive from Pope Benedict XVI who lambasted church authorities in Ireland for mishandling countless […]

Residential propety

Champaign Accepts Offers for 3 North End Residential Lots | Lodging

CHAMPAIGN — The city of Champaign is looking for buyers for a few lots that could be future sites for new homes. The Champaign Neighborhood Services Department is soliciting bids for three city-owned residential lots at 606 W. Bradley Ave., 505 W. Bradley Ave. and 40 E. Beardsley Ave. Each lot is valued at less […]

Residential propety

Haven Residential Promotes Karen Plesh, CPM, to CEO

Haven Residential, a professional and innovative full-service property management group, announced the appointment of Karen Plesh as President and Chief Executive Officer effective immediately. Plesh previously served as Chief Operating Officer at Haven Residential since March 2022. Highly accomplished leader with a proven track record of operational excellence in the multifamily housing industry Plesh brings […]

Commercial property

How to redevelop a commercial space?

Commercial real estate investing is exciting and sticky at the same time. There’s a lot of excitement. How many new businesses can you attract to join your business venture? Are you going to have a mix of housing and businesses in the same large building? Maybe you just bought a less expensive commercial property precisely […]

Commercial property

Investment levels in commercial real estate are expected to fall by 24% this year

Investment levels in the UK commercial property sector are set to decline in 2022, after seeing a 40% year-on-year increase between 2020 and 2021, according to the latest market analysis from Revolution Brokers. Just under £50bn was invested in the commercial sector last year, with the revival of a pandemic-hit London market fueling this activity […]

Industrial property

Profile Films Acquires Long Vacant West Side GR Industrial Property for Expansion

GRAND RAPIDS — Manufacturer of plastic tarpaulins Profile Films Inc. plans a major expansion into a long-vacant industrial property on the west side of Grand Rapids, which was previously considered for a large-scale cannabis cultivation facility. Profile Films acquired 9 acres at 719 Ann St. NW — located adjacent to the company’s current location at […]

Commercial property

Four things to consider when investing in commercial real estate

With interest rates rising in Australia, finding high-quality investment opportunities has never been more important. While the vast majority of investors will always be drawn to residential real estate, savvy investors understand just how lucrative commercial real estate investing can be. With investors looking for yield and with the continued lack of quality assets, the […]

Residential propety

Western New York weighs PILOT deal for new waterfront residential buildings

One of the existing Riverbend buildings in Port Imperial in Western New York. Image courtesy of Riverbend. Western New York is considering providing a payments in lieu of taxes (PILOT) agreement to a redeveloper to support the construction of new waterfront residential buildings. Meanwhile, the city also recently granted five-year tax holidays to other redevelopment […]

Industrial property

JLL Secures Acquisition Financing for Fully Leased Paterson Industrial Property

845 E. 25th St. in Paterson is fully leased to Kamco Supply, one of the largest suppliers of commercial and residential building materials in the New York metropolitan area. –JLL JLL Capital Markets has arranged financing for the acquisition of a light industrial building in North Jersey which also has nearly an acre of outdoor […]

Industrial property

What Drives Industrial Property Management Today

The industrial sector continues to outperform other real estate categories, despite the much-discussed imbalance between supply and demand. According to CommercialEdge’s June 2022 National Industry Report, the average industry vacancy rate was 4.7%, compared to 5.7% in the June 2021 report. investment remain robust. In May, 657 million square feet of space was under construction, […]

Commercial property

Fostering Inclusivity with AEW’s Lily Kao: Q&A

As she approaches her quarter-century with AEW, the company’s chief executive, Lily Kao, remains deeply committed to seeing her company’s and industry’s diversity goals come to fruition. A member of AEW’s Diversity and Inclusion Committee, as well as Co-Chair of its Social Committee, Kao is well placed to help ensure that AEW promotes equality and […]

Commercial property

Commercial Property Manager – Place Nord-Ouest

A prestigious and accomplished real estate company in the North West is looking to recruit a commercial property manager, who is ideally at graduate level experienced working towards APC, to join the real estate department of this impressive organization. It’s not essential, however, provided you have a solid background in commercial property management. As a […]

Residential propety

DAVENPORT & Co LLC increases its position in Equity Residential (NYSE:EQR)

DAVENPORT & Co LLC increased its position in Equity Residential stocks (NYSE: EQR – Get Rating) by 11.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund held 2,872 shares of the real estate investment trust after buying an additional 289 shares during […]

Commercial property

Billion-Dollar Research Facility Coming to Metro Atlanta

Rowen website. Image courtesy of The Rowen Foundation Nearly 2,000-acre ‘knowledge community’ and research facility that will cost billions of dollars to build by the end of the century and could create up to 100,000 jobs is beginning to take shape in Gwinnett County , in the Atlanta, Georgia metro area. Rowen will include offices, […]

Residential propety

City of Perth to investigate what is preventing residential development and increasing density in the CBD

The City of Perth is exploring how it can increase the residential population in the CBD to make it more “liveable, sustainable and prosperous”. Perth councilors on Tuesday approved a motion by Lord Mayor Basil Zempilas which called for a report on barriers and disincentives preventing residential development and increased density. They also voted for […]

Commercial property

CRE is preparing for the impact of the rise in interest rates

Hugh Kelly, Ph.D., Economist As the commercial real estate industry weighs the impact of the Federal Reserve’s current 75 basis point interest rate hike, experts are offering various predictions on how the series of hikes will affect investment. and capital markets. Wednesday’s rise, the second 75 basis point increase in two months, pushes the federal […]

Residential propety

Why commercial properties offer more financial rewards than residential properties -CEO, Dis Space Ltd

Emeka Okonkwo, CEO of Dis Space Limited, explained why commercial properties offer more financial rewards than residential properties. “The high growth rate of a number of residential and housing developments concentrated in urban areas is just a mirage that is being promoted, with real estate being the safest place to hold money in the current […]

Industrial property

CenterPoint buys another industrial property in East Bay

CenterPoint Properties has purchased a 190,000 square foot industrial building in Hayward, California for $52.8 million. Life Chiropractic College West sold the property at 24801 Industrial Blvd. in a transaction that closed on July 15, according to San Francisco Business Times. The property was acquired through a sale-leaseback transaction according to documents from the Alameda […]

Residential propety

FirstService Residential welcomes Highview at Hawthorne Association to its New Jersey portfolio

Highview at Hawthorne, Hawthorne, NJ EATONTOWN, NJ (PRWEB) July 25, 2022 FirstService Residential, the leading residential community management company, has begun providing full-service property management services to Highview at Hawthorne Association in Hawthorne, New Jersey. “We are thrilled to announce our partnership with Highview in Hawthorne,” said Michael Mendillo, president, FirstService Residential. “Our team’s […]

Industrial property

Exceptional First Half for Northwest Industrial Real Estate Market – Report | North West Real Estate News

Arts Park More than £500m of investment deals were completed at the start of 2022 with rentals of large units up by a quarter, according to specialist agent B8 Real Estate. The company’s market update shows 39 investment deals worth a total of £505m closed in the six months, down 26% from the record first […]

Residential propety

Equity Residential (NYSE:EQR) downgraded by Piper Sandler

Piper Sandler downgraded the shares of Residential Equity (NYSE:EQR – Get a Grade) from a neutral rating to an underweight rating in a report released Wednesday, Marketbeat reports. The brokerage currently has a price target of $70.00 on shares of the real estate investment trust, down from its previous price target of $78.00. Several other […]

Residential propety

New listings flood the local residential real estate market which continues to cool

Content of the article Home sales in the area fell last month as new listings flooded the market and set a June record as the residential real estate sector continues to shift amid rising interest rates. Content of the article Sales fell nearly 16% from the same period last year to 190 units, down more […]

Residential propety

Understanding your residential retirement options

The different living options for seniors can be quite confusing. It is important to go there with open eyes. Here are the answers to the questions we receive most frequently about retirement villages and homes. What is the difference between a retirement home and a retirement village? Retirement homes : There is general agreement that […]

Industrial property

Exceptional first half for the North West industrial property market

The North West industrial real estate market has had another exceptional first half of 2022, according to specialist agents B8 Real Estate. In the first six months, the region saw over half a billion pounds of completed investment deals, while rentals of large units rose by a quarter. Its latest market update shows 39 investment […]

Commercial property

$70 million overhaul sheds light on high-tech logistics

Henkel Logistics Center in Bowling Green, Ky. Image courtesy of Henkel Global Manufacturer Henkel completed a three-year, $70 million expansion and automation upgrade to its 1.4 million square foot logistics center in Bowling Green, Ky., creating its logistics operations center on largest and most technologically advanced in North America. The logistics hub upgrade incorporated Industry […]

Residential propety

Parallel Advisors LLC holds a $112,000 position in New Residential Investment Corp. (NYSE:NRZ)

Parallel Advisors LLC increased its position in New Residential Investment Corp. (NYSE: NRZ – Get Rating) by 370.0% in Q1, according to its latest filing with the Securities and Exchange Commission. The institutional investor held 10,040 shares of the real estate investment trust after purchasing an additional 7,904 shares during the quarter. Parallel Advisors LLC’s […]

Industrial property

Faropoint acquires industrial property in Delran for $1.6M

Faropoint acquired a 17,600 square foot industrial building in Delran for $1.6 million, according to an announcement earlier this week. Faropoint, a leading real estate investment firm focused on last mile industrial properties in high population growth markets, has acquired the property located at 1803 Underwood Blvd. in Millside Business Park on sale-leaseback to owner […]

Commercial property

Construction begins to decline in June

Total U.S. housing starts fell 5% in June, to a seasonally-adjusted annual rate of $932.3 billion, new data shows. Dodge Building Network. Total construction (the total dollar value of a project is counted in the month it is launched), however, DCN pointed out, was nevertheless 5% higher in the first six months of 2022 compared […]

Commercial property

Commercial real estate settlements jumped last year

According to new data, the volume of commercial property settlements has increased by 60% on Australia’s east coast. The latest report from PEXA Insights shows that NSW recorded 61% growth in the value of settled sales and a 13% growth in the number of commercial sales, bringing the total value of settled commercial properties to […]

Residential propety

Water shutoffs are now prohibited for residential customers in Chicago

Mayor Lori Lightfoot’s order to end residential water shutoffs for non-payment of bills is now officially part of municipal law, in an ordinance the city council approved on Wednesday that also prohibits privatization of the water system. Chicago water. The new law came after a competing “Water for All” proposal by 1st Ward Ald. Daniel […]

Commercial property

General slowdown in the commercial real estate market expected due to the continued and faster rise in interest rates

/ PRESS RELEASE / This content is not written by Creamer Media, but is a press statement provided. The even larger 75 basis point hike announced this afternoon, following previous rate hikes of 125 basis points in previous meetings, makes the cumulative impact on interest rate hikes significant to date. Moreover, one must add the […]

Residential propety

Mosaic Dallas’ Downtown Residential Tower Has New New York Owners

A high-rise residential building in downtown Dallas has new owners. According to a statement, the Dallas Mosaic the building at 300 N. Akard St. was sold to a New York investment manager who did not want his identity known. Mosaic Dallas is a two-tower, multi-family skyscraper with 440 apartments and 8,766 square feet of retail […]

Residential propety

Kestra Advisory Services LLC buys 4,184 shares of New Residential Investment Corp. (NYSE:NRZ)

Kestra Advisory Services LLC has increased its stake in New Residential Investment Corp. (NYSE: NRZ – Get Rating) by 7.0% in the first quarter, according to the company in its latest filing with the Securities and Exchange Commission (SEC). The fund held 64,283 shares of the real estate investment trust after acquiring an additional 4,184 […]

Commercial property

Stanbic Bank helps over 600 people with their residential and commercial property needs

A leading financial services institution, Stanbic Bank Zimbabwe has helped over 600 individuals and businesses acquire residential and commercial properties over the past year as part of its efforts to help its customers grow. Stanbic Bank Head of Home Loans Bryan Mombechena said the institution was determined to do more in its quest to spur […]

Residential propety

Print House launches residential leasing; secures merchants (slideshow)

The Print House offers a location with a view situated on a multi-storey property with 40,000 square feet of retail space. And now, with the launch of rental, it is ready to be lived in. Russo Development, The Hampshire Cos. and Fourth Edition Inc. officially introduced the mixed-use community located at 160 River St. in […]

Commercial property

Top 10 issues for CRE leaders

Marilee Utter, Global Chair, CRE, The Counselors of Real Estate. Image courtesy of Real Estate Advisors The three most pressing areas of concern for the commercial real estate sector this year and looking ahead to 2023 are the effects of inflation and interest rates, geopolitical uncertainty and the impact of hybrid working, respectively, according to […]

Commercial property

Zions Bancorporation Opens Metro Salt Lake City Tech Campus

Zions Bancorporation Technology Campus. Image courtesy of Zions Bancorporation Zions Bancorporation NA just celebrated the opening of its new technology campus in Midvale, Utah, about 15 miles south of the multi-billion dollar financial services company’s headquarters in Salt Lake City. Zions has consolidated its operations from 11 other smaller locations in the 400,000 square foot […]

Residential propety

Pay 18% GST on residential rental

Not only kitchen budgets, new GST rules are also set to disrupt rentals. The Revenue Department of the Ministry of Finance introduced the 18% GST on residential rentals nationwide, effective July 18. According to the notification, residential accommodation rented to a GST registrant would be subject to an 18% tax. In addition, the tenant must […]

Commercial property

Owning commercial property in a black neighborhood is a devalued asset

Location isn’t the only thing that matters in real estate. Race matters too. If you own commercial property in an area where the black population is dominant, the property is devalued, a new study from the Brookings Institution has found. Recently released research shows that commercial real estate is valued differently depending on the size […]

Industrial property

Melville’s industrial property nets $35.15 million

An industrial property in Melville traded for $35.15 million, after the seller canceled a planned expansion project. A subsidiary of Brookfield Properties purchased the 119,000 square foot building on 8.26 acres at 135 Spagnoli Road. The agreement was a sale-leaseback with the seller, Perfume Worldwide, a distributor of perfumes, cosmetics and other personal care products, […]

Industrial property

BLP acquires off-market industrial property

LOS ANGELES, July 18, 2022–(BUSINESS WIRE)–Bridge Logistics Properties (“BLP”), a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”), today announced the acquisition of a unique off-market truck terminal from 14.3 acres at the Inland Empire region of California. In the seven months that BLP has invested on behalf of institutional investors, the logistics […]

Industrial property

BLP Acquires Off-Market Industrial Property – Marks 21st Deal and $789M Completed Since Initial Investment Seven Months Ago

LOS ANGELES–(BUSINESS WIRE)–Bridge Logistics Properties (“BLP”), a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”), today announced the acquisition of a unique off-market truck terminal from 14.3 acres at the Inland Empire region of California. In the seven months that BLP has invested on behalf of institutional investors, the logistics real estate company […]

Commercial property

Blackstone’s $7.6 billion deal moves forward

Image by Adrian Sulyok via Unsplash.com Shareholders of PS Business Parks Inc. voted in favor of the acquisition of the REIT by affiliates of black stone. The $7.6 billion deal was first announced in April, with Blackstone set to execute an all-cash deal for the 27 million square foot portfolio of industrial, office and multi-family […]

Residential propety

Rent control plan hits new residential property development

Photo: Depositphotos.com Investment in new housing projects in the Netherlands fell to 282 million euros in the second quarter of 2022, according to a new study by property consultancy CBRE. In the first quarter, investments totaled 777 million euros and the long-term average is around 664 million euros, CBRE said. “Investment in the construction of […]

Industrial property

ESR Australia boss Phil Pearce says rising rents will ‘offset’ falling industrial values

He said capital values ​​could return to where they were 12 months ago, depending on when properties were last appraised, but rent growth would be stronger. “We continue to be active buyers for the primary reason that we believe in the rental growth story. We have seen rental growth across our portfolio and our new […]

Residential propety

Plans submitted to transform a car park into a residential and commercial program

A planning application to convert a parking lot in Kenilworth into residential accommodation and two new shops has been filed. Cobalt Estates has submitted an application to Warwick District Council for the construction of 44 residential apartments over four floors, with two new commercial units on the ground floor, on the site of the Talisman […]

Commercial property

Blackburn’s WHN Solicitors appoint commercial property specialist as new director

An East Lancashire law firm has recruited Daniel Boulton. Mr Boulton joins Woodcocks Haworth and Nuttall Solicitors (WHN), which operates eight offices in East Lancashire and Greater Manchester, as Director of Harrison Drury Solicitors where he worked for six years. With 19 years of legal experience, Daniel has honed his craft in commercial property law […]

Residential propety

NMC Registers Duplex in Residential Neighborhood as Government Building Under Reassessment | Nagpur News

Nagpur: As part of a revaluation campaign, the Nagpur Municipal Corporation (NMC) has registered a duplex located in a residential area as a state government building. Also, a few citizens’ property tax application is shown as void on the NMC website due to erroneous data. The civic body had launched a new property tax system […]

Residential propety

Hennion & Walsh Asset Management Inc. invests $214,000 in Equity Residential (NYSE:EQR)

Hennion & Walsh Asset Management Inc. bought a new position in Equity Residential (NYSE:EQR – Get Rating) during the first quarter, Holdings Channel reports. The fund bought 2,381 shares of the real estate investment trust, valued at around $214,000. A number of other hedge funds and other institutional investors have also recently changed their holdings […]

Commercial property

Commercial Property w/Building on Rt 1 in Stafford, VA Online Auction Bidding Set to Close Annonce Nicholls Auction

24 Derrick Lane, Stafford, VA 22554, USA 24 Derrick Lane, Stafford, VA 22554, USA 24 Derrick Lane, Stafford, VA 22554, USA Nicholls Auction Marketing Group announces the online auction closes 7/21/22 on a 2,400 +/- sf lot. building with 0.62 +/- acre paved lot, 300’+/- of Rt 1 frontage and 1/2 mile from I-95” —John […]

Residential propety

Mission Rock Residential assumes management of Odenton Apartments

BALTIMORE, July 15, 2022 /PRNewswire/ — Mission Rock Residential, a denvermulti-family property management company, is pleased to announce the expansion of its Maryland presence with another new management contract. The rung at Odenton is an apartment community in Odenton, Marylandjust south of Baltimore. Hamilton Zanze Real Estate Investments, a Bay Area-based multi-family investor, issued the […]

Commercial property

4 reasons a commercial property should be on your to-buy list

And the proof is in the latest figures from the Australian Bureau of Statistics (ABS). As of June 2022, data showed that the nation’s total value residential housing increased by $221.2 billionwhich brought the overall value to $10.2 trillion, the highest value on record. But while residential properties remain the apple of investors’ eyes, Maria […]

Residential propety

Large proposed residential development next to Dexter

By Doug Marrin, STN Reporter The Sloan-Kingsley property development near Dexter has again risen from the ice for air on its glacial march forward. At its July 11 meeting, Dexter City Council listened to Dave Lutton, lead investor in the property’s new ownership group, present his team’s overall concept for the 240-acre residential development. “Washtenaw […]

Industrial property

Pacific could acquire a new industrial property of 48 acres | Local News

The Pacific Board of Aldermen is due to vote on a rezoning application for a 48-acre area on Industrial Drive next to Daily Industrial Park on July 19. The rezoning is for two parcels, one of 40 acres and another of 8 acres. Both properties are owned by Barbara, John Timothy, Diana Kathleen and Philip […]

Commercial property

Lancashire law firm hire commercial property specialist in Penwortham

Woodcocks Haworth and Nuttall Solicitors have appointed Daniel Boulton to work alongside property developers and commercial property investors on new developments, as well as to support owner-managed businesses and SMEs through the transactional buying process, sale and rental of property. Daniel joins WHN Solicitors, which operates eight offices in Lancashire and Greater Manchester, as Director […]

Residential propety

Greenfield Residential Development in brief

This year has been marked by significant economic and post-pandemic factors and the greenfield residential sector has therefore experienced particularly significant challenges. With an ever-changing financial climate, rising costs, material shortages, and contractor fragility, how do real estate developers manage their existing pipeline, let alone approach new projects? Through expert presentations and discussions, The urban […]

Industrial property

Faropoint acquires industrial property in Oakland for $9.6 million

153 Bauer Drive in Oakland. – CBRE Earlier this week, CBRE released numbers for the northern and central New Jersey industrial markets that showed record availability of 4.4% for the second quarter of the year as asking rents continued to rise. . Faropoint’s purchase of a 44,300 square foot industrial property in Oakland comes amid […]

Residential propety

Residential Conveyancing Solicitor/Partner (Edinburgh) – Thorntons

Residential Conveyancing Solicitor/Partner (Edinburgh) Residential assignment Attorney/Senior Attorney/Partner Edinburgh We are looking for an experienced residential property solicitor to join our property team in Edinburgh. Thorntons has one of the largest residential property teams in Scotland. Our teams are experts in local markets and we pride ourselves on providing professional and personalized service to clients […]

Industrial property

Blackstone unit brings 1 million square feet of Bay Area industrial property to market

Luke J. Petherbridge, CEO of Link Logistics and 3919 Oregon Street, Benicia (Google Maps, LinkedIn) Blackstone subsidiary Link Logistics Real Estate has put up for sale eight fully leased warehouses that combine for nearly 1 million square feet in the Bay Area. The portfolio represents 8% of the industrial space currently available in the Bay […]

Industrial property

Faropoint acquires industrial property in Oakland for $9.6M

CBRE on Wednesday said he arranged the $9.6 million acquisition of a fully leased 44,300 square foot industrial property in Oakland for Faropoint. Faropoint, a leading real estate investment firm focused on last-mile industrial properties in high-population-growth markets, has acquired the property at 153 Bauer Drive from Oakland Management and plans to retain it as […]

Commercial property

Commercial property values ​​will drop 10-30%

Essentially, commercial real estate is undergoing the same repricing that has already caused such carnage in stocks and bonds around the world. But unlike listed real estate, the value of which has fallen about 20% from its highs at the end of 2021, the revaluation of commercial real estate is slow. A repricing is in […]

Commercial property

Commercial property to witness increased investment as offices open

There is hardly any dimension of our lives that the 2020 pandemic and technology as cause and effect (respectively) have not touched. Google Maps and all home delivery services, for example, have changed the way we get around, order groceries, shop, etc. ‘virtually augment’ festival celebrations, global artist concerts, and even reshape the utility of […]

Residential propety

John Cornish Can Help Homebuyers Benefit From VA Residential Home Programs

/EIN News/ — Bettendorf, July 12, 2022 (GLOBE NEWSWIRE) — Bettendorf, Iowa – John Cornish – Davenport, Iowa-based Mortgage Lender wants to let everyone know that he can help homebuyers, especially first-time buyers, get the home they want with the Home Finance Program GO. John Cornish is considered one of the experts when it comes […]

Commercial property

The City revisits the extension of the Housing Code for owners of commercial buildings | New

The Hiawatha City Commission met Monday night and discussed a property that had already been granted an extension to eliminate violations of the minimum housing code. The property at 113 South 6th St. was discussed and Dave Wilson, the city’s code officer, said there was no water service on the property, but there is had […]

Commercial property

The devaluation of assets in black neighborhoods: the case of commercial real estate

In 2019, a black real estate developer named Brian Rice attempted to secure a loan to renovate some buildings he had purchased in a neighborhood commercial corridor in the predominantly black Ensley neighborhood of Birmingham, Alabama. His vision was to turn these vacant buildings into small businesses. , offices for non-profit organizations and a conference […]

Residential propety

Three-acre Barrington estate offered for $2.499 million by Residential Properties

Tuesday, July 12, 2022 GoLocalProv and Residential Property Content Partnership View larger + PHOTO: Residential Properties If you define an estate by having an indoor pool, tennis court, and deeded right to the bay, then this Barrington property may be perfection. Did we mention the entertainment center? The sauna? GET THE LATEST NEWS HERE – […]

Industrial property

BLP acquires off-market industrial property in Inland Empire

Logistic properties of the bridge (“BLP”), a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”), today announced the acquisition of a unique 14.3-acre off-market truck terminal in the Inland Empire region of California. In the seven months that BLP has invested on behalf of institutional investors, the logistics real estate company has completed […]

Commercial property

Why industrial outdoor storage is a must-have investment

BJ Turner As a leader in a value-added investment platform, our company’s appetite for industrial outdoor storage assets has grown in recent times as this type of niche ownership increasingly plays an essential role in supporting supply chains for the storage, maintenance and shipment of equipment and materials. IOS properties are used by a wide […]

Residential propety

Changing residential property to commercial is full of dangers, says Gulam Zia

Photo: iStock HIGHLIGHTS Commercial properties attract business water and electricity charges Commercial property offers higher returns than residential property Pre-leased property would be more advantageous New Delhi: Have you been keen on buying or converting an existing residential property into a commercial property in hopes of getting a better return? If so, beware of the […]

Commercial property

The case of commercial property

In 2019, a black real estate developer named Brian Rice attempted to secure a loan to renovate some buildings he had purchased in a neighborhood commercial corridor in the predominantly black Ensley neighborhood of Birmingham, Alabama. His vision was to turn these vacant buildings into small businesses. , offices for non-profit organizations and a conference […]

Commercial property

Wealth Guide: Real Estate – After the pandemic, is investing in commercial real estate a good deal? The expert decodes

Indian offices are reopening again, with rental business resuming in most cities. It has also pushed the demand for office space in central business districts, secondary business districts, outlying areas, etc. Anurag Goel, Director, Goel Ganga Developments, shares his real estate insights and decodes whether post-pandemic commercial real estate investing is a good deal. “According […]

Residential propety

Collegedale Planning Council considering rezoning of large farmhouse for residential development

The Collegedale Planning Commission will hear a rezoning application for a 408-acre portion of a 550-acre property for sale on Edgmon Road at 6 p.m. Monday at Collegedale Town Hall. The property, which includes Hidden Hills Farm & Saddle Club, is now zoned for agriculture. EAH Acquisitions, an Atlanta subsidiary of Canadian homebuilders Empire Communities, […]

Residential propety

Downtown Berry Farms Announces Residential Rental Team

Leilani Ross, community manager, oversees the rental and assists with community outreach, events and promotion. She has nearly a decade of experience as a property and rental manager for Greystar properties in Middle Tennessee and earned her apartment management certificate.in January 2021. Paula Laurenzano, Assistant Property Manager, handles downtown leasing and financial management and assists […]

Residential propety

Average rents have increased by 6% in the Mabushi residential market in Abuja over the past 5 years

Mabushi is a serene neighborhood located in the Federal Capital Territory, Abuja. It is bounded by Wuse to the east, Kado to the west and Utako District to the north. This area is a developing suburb with government developments such as the Federal Department of Works and Housing building, headquarters of the Road and Traffic […]

Residential propety

Commissioners press ‘pause’ residential development with month-long moratorium

Gaines, who has previously expressed interest in increasing business revenue opportunities, took the initiative to explain the resolution during the council business session. The moratorium decision follows months of current Dawson County residents attending public meetings and voicing concerns that the proposed subdivisions would negatively impact existing transportation infrastructure and emergency services. During the May […]

Commercial property

Developer-investor Hengyi has another chance to sell its Abbotsford holdings near Carlton & United Breweries

Speaking of microbreweries, nearby Duke Street Teska Carson agents Matthew Feld and Michael Taylor recently sold the Moondog Brewery for $1.8 million. Dion Lee The Melbourne home of Sydney-based boutique Dion Lee will go up for auction next month. The boutique, in the heart of the Armadale fashion strip at 1052 High Street, is part […]

Residential propety

Derby multi-tenant residential investment sold

Acting on behalf of private clients, FHP Property Consultants has sold a residential investment property in Derby. Carlton House, which is located on London Road, Derby comprises a Grade II listed four storey building. The property comprises six 1 bedroom apartments, eight 2 bedroom apartments and benefits from private parking to the rear. When fully […]

Commercial property

Commercial property sales in New York slow as interest rates begin to dampen activity

8 Spruce St. sold for $930 million in the second quarter, the city’s largest investment sale in that period. Commercial property sales in New York have woken from their pandemic slumber in recent months, but rising interest rates are expected to dampen the market for the rest of the year. About $5.84 billion in commercial […]

Industrial property

Newmark Announces Sale of 381,000 Square Foot Industrial Property in Wisconsin

July 7, 2022 11:00 a.m. Newmark announces the sale of N9246 State Road 80, an approximately 381,000 square foot industrial property in Necedah, Wisconsin. Ownership was traded from MVP Logistics to an undisclosed Milwaukee-based investment firm for $3 million. Newmark Director Adam MatsonSIOR and associate director Patrick Hanrahan represented the seller. N9246 State Road 80 […]

Residential propety

New Requirements for Homeowners in Florida

Miya’s Law: Mandatory employee background checks, unit key log maintenance, 24-hour advance notice for entry into accommodations On June 27, 2022, Governor Ron DeSantis signed Miya’s Law, Senate Bill (SB) 898, to strengthen security requirements for residential apartments. The Miya Law, effective July 1, 2022, will have a significant impact on the day-to-day operations of […]

Industrial property

Dalfen Industrial Acquires Industrial Property of Sacramento

The industrial property is located in the Power Inn submarket of Sacramento. The location is near US 50 which intersects I-5 and I-80. Access to these interchanges provides east-west and north-south connectivity along the entire west coast, making Sacramento an excellent distribution hub. The huge infill location offers the ability to reach 67% of the […]

Industrial property

Dalfen Industrial Acquires Industrial Property in Sacramento

DALLAS, July 7, 2022 /PRNewswire/ — Dalfen Industrial acquired Belvedere Logistics Center, a Sacramento industrial property at 8301 Belvedere Ave. The 348,000 square foot property is 100% occupied by River City Storage and American Furniture Warehouse. Belvedere Logistics Center, Sacramento, CA The industrial property is located in the Power Inn submarket of Sacramento. The location […]

Industrial property

ElmTree pays $58.7 million for 204,500 square foot industrial property in Everett

By Catherine Sweeney A St. Louis-based real estate investment firm is expanding its footprint in the Puget Sound area. In a sale that closed on June 17 but only recently registered, ElmTree Funds bought an industrial asset in Everett from Seattle-based real estate investment firm Capstone Partners. The property traded for $58.7 million, or about […]

Residential propety

Greystar raises new funds as residential rental investment exceeds 30 billion euros

US group Greystar has raised a new fund targeting residential rental accommodation in Europe, with the total poured into a part of the property market seen as best protected against surges in inflation above 30 billion euros this year. The shorter leases typical of residential rental housing offer landlords the option of trying to charge […]

Commercial property

4 Strategies for Rethinking Urban Retail Space

Jeff needs The commercial real estate landscape has changed dramatically during the COVID-19 pandemic, and it will likely take time for tenants, landlords and cities to adjust to the new normal. However, a pre-pandemic problem persists: landlords and urban property developers are grappling with the oversupply of ground-floor retail. Amid the changing landscape, several strategies, […]

Commercial property

CRE 2.0: the office of the future

Joe Small On March 13, 2020, tens of millions of Americans woke up and went to their offices. A week later, it was a distant memory as the COVID-19 pandemic forced businesses across industries to abruptly shut down and transition to a work-from-home model. For over two years, this was the “new normal” as we […]

Commercial property

What is the outlook for commercial property in the UK post-pandemic and Brexit? – OwnerZONE

The pandemic has had a devastating impact on commercial property, with shutdowns, social distancing, working from home (WFH), all accelerating the shift to online and home deliveries. The likes of Tesco, Ocado and other big supermarket deliveries have been the public’s savior during the worst dark days of lockdown, and they’ve boosted one of the […]

Residential propety

Baker from Hong Kong in the tokenization of London’s residential tower

Baker McKenzie’s Hong Kong team advised UK property developer Knight Dragon and its subsidiary KD Tokens to raise £140m ($171.4m) via tokenization, allowing individual investors to share in the revenue tenants of a residential tower in central London. Joy Lam, partner and virtual asset specialist, led the team that advised the deal on Building 4 […]

Commercial property

Iris Capital, NRL hotel deals drive asset sales to nearly $2 billion

Private developer Iris Capital and the governing body of the National Rugby League have invested in two major hotel and pub assets that will boost total national sales in the sector to nearly $2 billion in what has been a frenzy purchases. There were 54 pub and hotel sales across NSW in the six months […]

Residential propety

Video: Fireworks fired at people and residential buildings in downtown Minneapolis

Videos taken by residents of downtown Minneapolis depict the chaotic scenes of the 4th of July, as groups of people fired fireworks from vehicles, aimed them at each other and set them off near the property . A video sent to Bring Me The News by a Minneapolis resident who wished to remain anonymous shows […]

Industrial property

Australia’s ‘world’s tightest’ industrial property market

Like Sydney, Ms J-Baleh said, Perth suffered from a lack of new supplies and “essentially non-existent” speculative development. “The supply coming this year in Perth is already around 80 per cent pre-committed,” she added. Melbourne saw the smallest drop in vacancy rate from 1.3% to 1.1%, while Brisbane tightened from 2.3% to 1.4% and Adelaide […]

Commercial property

Riverside tree service experts remove a damaged tree from the driveway of a commercial property

Riverside, California – Recently, Tree Service Experts Riverside received a call from Jerry, a commercial landlord, to remove a damaged tree that was on the driveway of the property. Jerry mentioned that the tree had fallen on the driveway after a windy afternoon and was going to cause some inconvenience to residents of the building […]

Industrial property

Summit Industrial Income REIT Acquires Brand New Industrial Property in Guelph, Ontario

TORONTO, July 4, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed the acquisition of the remaining 50% interest in a newly built light industrial at Hanlon Creek Business Park in Guelph, Ontario totaling 92,050 square feet of leasable area with its joint venture partner. […]

Residential propety

Windmill plans new group home and residential towers near former Lincoln Fields Mall site

A major Ottawa company known for its environmentally friendly housing projects wants to build a new group home for adults with physical disabilities as well as two apartment towers containing hundreds of residential units near the old Lincoln Fields Mall site. Windmill Development Group recently applied to construct three buildings with a total of 510 […]

Commercial property

Investors Continue to Seek Value in NI’s Commercial Real Estate Market

According to CBRE NI’s Quarterly Real Estate Research report, activity in the Northern Ireland commercial property market was intense in the second quarter of the year as investors searched for value and investment opportunities in term, preparing the market for a busy second half. It recorded £44m in transactions in the three months to the […]

Residential propety

John E Jones is Jackson Lees’ new residential real estate manager

A WIRRAL lawyer has been appointed as the new head of residential real estate by law firm Jackson Lees as it pushes ahead with its expansion plans. John E Jones, who is also a director of the Society of Licensed Conveyancers, joins Jackson Lees with four decades of conveyancing experience. He will be based in […]

Residential propety

Hartford Investment Management Co. holds a $2.90 million position in Equity Residential (NYSE:EQR)

Hartford Investment Management Co. lowered its position in Equity Residential (NYSE: EQR – Get Rating) shares by 7.0% in the first quarter, Holdings Channel reports. The company held 32,273 shares of the real estate investment trust after selling 2,433 shares during the period. Hartford Investment Management Co.’s holdings in Equity Residential were worth $2,902,000 at […]

Residential propety

Plans submitted to turn Taunton take away into residential accommodation

PLANS have been submitted to convert a take-out accommodation on the ground floor and an owners accommodation on the first floor into a single residential dwelling in Taunton. The change of use application was received by Somerset West and Taunton Council (SWT) on Wednesday June 14. The plans are for former Chef Peking take-out in […]

Residential propety

Zoning change from residential to industrial heads in Aurora ballot

AURORA — One rezoning issue is heading for the Nov. 8 ballot, while another isn’t after City Council took action on June 27. By Aug. 10, the city will send the Portage County Board of Elections an issue to rezone 25.4 acres on the west side of Highway 43 across from Aurora Industrial Parkway from […]

Commercial property

New offer for a Class A commercial property in Las Vegas with 3 main anchor tenants

First national real estate partners has a new investment offering in one of America’s fastest growing real estate markets. The Tropicana Center is a 600,000 square foot shopping center in Las Vegas, NV with three premier anchor tenants. The property offers three times the typical stability of a given site thanks to its three high-performance […]

Residential propety

Breaking ground for residential development in Merrillville | Local News

MERRILLVILLE — For Ron McColly, there’s no better time than now for local development. Speaking at Thursday’s groundbreaking of the 180-acre Liberty Estates project, McColly, the chairman of McColly Real Estate, cited two reasons for optimism. “Liberty Estates has a bright future,” McColly said, citing its proximity to I-65, US 30 and several medical campuses. […]

Commercial property

The meeting discussed a plan to stop the conversion of farmland into commercial properties

Mohamed Ali (@ChaudhryMAli88) Posted on July 01, 2022 | 6:10 p.m. DI KHAN, July 1 (UrduPoint/Pakistan Point News – July 1, 2022):: Deputy Commissioner Inayatullah Wasim chaired a District Land Use Management Committee (DLUMC) meeting on Friday to discuss the illegal conversion agricultural land in commercial ownership. The meeting was attended by Deputy Commissioner, Nadir […]

Commercial property

Lincoln Property Plans Atlanta Industrial Projects

Calhoun, Georgia, industrial site. Image courtesy of Lincoln Property Co. Lincoln Property Co. Southeast acquired land in Kennesaw, GA and Calhoun, GA where it will build two industrial projects totaling more than 800,000 square feet over the next several years in the northwest submarket of the Atlanta Industrial Market. According to Turner Fortin and Colin […]

Commercial property

Difference Between Commercial and Residential Loan GadCapital Explains in Details

What exactly does it mean to have a mortgage on commercial property? The financing of commercial assets such as warehouses, offices, or even income-producing property may be accomplished with the assistance of a commercial real property loan, which is a kind of mortgage that can be obtained by people in addition to companies. There is […]