CRE Business

There was no wave of COVID-induced distressed buying in the hospitality sector, but there may be some strategic opportunities to buy now.

Madrona Venture Group, a fixture of the Seattle tech scene since the dot-com days, is opening its first office in California.

Mini-tenders have been a thorn in the side of nontraded REIT sponsors, and they are also on the receiving end of backlash from other industry participants.

While once institutional allocations were weighted towards retail and office, they have responded to long-term structural shifts and refocused on industrial, multifamily and data centers.

Despite the hefty increases, some apartment owners say rents for many tenants remain below accepted affordability ceilings.

Unlike institutional players, TIC investors want passive income and long-term holds, which works better for the types of deals Investors Management Group pursues, says the firm’s founder.

Nordstrom’s report reinforces how decades-high inflation is impacting shoppers—and in turn retailers—differently. Companies that cater to the highest and lowest ends of the income spectrum are holding up better than those that rely on middle-class...

The new space is a reduction from the roughly 800,000 square feet that KPMG currently leases across three towers in Midtown. The firm plans to leave those buildings.

Over 1,800 companies re-shored production in 2021, setting a new record for re-shoring activity, notes The Reshoring Initiative. These companies are looking for logistics facilities, warehouses and distribution sites.