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Big Brokerages Made Up For Leasing Losses With Surprisingly Strong Capital Markets Activity
News

Big Brokerages Made Up For Leasing Losses With Surprisingly Strong Capital Markets Activity

... its capital markets business into multiple segments. It reported a 5% year-over-year decline in U.S. property sales revenue ... three showed similar trends in their leasing and capital markets performance.  Newmark Group's leasing revenue was down 45% for Q4 ...

Mar 01, 2021
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PMG Developing Condo Project With Miami 'Ultraclub'
News

PMG Developing Condo Project With Miami 'Ultraclub'

... not his style, but he said the younger staff at Property Markets Group love the concept. Within four weeks of launching sales, all ... any project like that." Michael Simkins, a major Miami property holder and partner in E11even Partners, described it to Ocean ...

Jun 08, 2021
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Integral Group
News

Integral Group Elevates Lundy Wilbon To President In International, Modular Pivot

... new position created to consolidate Integral's community development, property management and commercial real estate efforts under one umbrella. ... and did not disclose any specific new projects or markets that Integral CEO and Chairman Egbert Perry may be ...

Sep 13, 2021
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John Kevill, Dean Sands and Brad Allen, photographed in 2014 while at Eastdil Secured.
News

Avison Young Hires Broker From Eastdil As Principal On D.C. Capital Markets Team

Avison Young is continuing to bolster its D.C. capital markets team with a hire from a competing brokerage firm.  The ... its new U.S. net lease group. That same month, it acquired D.C.-based property management firm BMS Realty Services, bringing ...

Nov 16, 2020
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The industrial property at 8700 Ritchie Drive in Capitol Heights.
News

Pinkard Group Buys Industrial Building In Prince George's County

... a half-mile from the property it just acquired.  "8700 Ritchie Drive reflects The Pinkard Group's continued focus on ... acquiring and developing projects in infill, high-barrier markets and represents a ...

Nov 06, 2020
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New York Luxury Developer Proposing Mixed-Use Tower In Midtown Atlanta
News

New York Luxury Developer Proposing Mixed-Use Tower In Midtown Atlanta

Property Markets Group is proposing a 460-unit, 330K SF residential skyscraper that ... parking deck fronting Sixth Street, according to the application. Integral Group previously planned to develop the 32-story Eviva on Peachtree ...

Jul 09, 2021
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Black Creek Group Planning 1.7M SF Of Inland Empire Industrial Projects
News

Black Creek Group Planning 1.7M SF Of Inland Empire Industrial Projects

... , Black Creek Managing Director Gregg Boehm told Bisnow that the property’s excellent location and freeway access made it a desirable ... rate of 1.9%, according to the report. “Black Creek Group feels very bullish on this market, as you can see ...

Mar 16, 2021
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NYC skyline
News

$2.5B Drop In NYC Property Tax Revenue Is A 'Wake-Up Call,' Landlord Group Says

... year, are expected to nose-dive. Office and commercial property values are anticipated to fall 15.8%, multifamily properties ... that the real estate markets “collapsed” after the coronavirus gripped the city, with the decline in property transfer tax by 50 ...

Jan 15, 2021
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The Ravensworth Towers property at 4327 Ravensworth Road in Annandale.
News

Insight Property Group Pays $60M For Fairfax County Apartments

... by Cushman & Wakefield.  Insight, in partnership with Rock Creek Property Group and ELV Associates, plans to invest another $3M to $4M ... debt was priced prior to the volatility in the bond markets," said Berkadia Director Jonathan Pratt, who arranged the loan ...

May 08, 2020
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U.S. immigration customs, travel
News

Trump's Crackdown On Worker Visas Could Bring More Pain To Top Tech Markets

... D.C. “In high-priced gateway markets, international migration, especially among highly skilled ... McMahon rents a West Springfield apartment property to many Indian immigrants, some ... Russell Hancock, the CEO of trade group Joint Venture Silicon Valley, said in ...

Oct 20, 2020
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