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Croisette France
News

Sun, Saudis And Uncertainty: MIPIM 2024 Threw Up As Many Questions As Answers

... environment would ease and whether investors would come back to property this year. Did they get their answer? Well, in ... Newmark Executive Vice Chairman and Head of the International Capital Markets Group Alex Foshay agreed and said that he was not expecting ...

Mar 17, 2024
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Blackstone sign
News

Blackstone Has More Than Doubled Its Real Estate Spending. Next Year It Could Start Selling

... May. The company was also considering selling London-based events group Clarion Events for upward of $2.6B, Reuters reported. The ...

Oct 17, 2024
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A Clean Sweep: How The Owner Of A Philadelphia GC Went From Cleanup Duties To Charting The Company's Future
News

A Clean Sweep: How The Owner Of A Philadelphia GC Went From Cleanup Duties To Charting The Company's Future

...  that aren't large enough to be part of a property management group but nevertheless need help with the upkeep of plumbing ... construction in Philadelphia, which is among the most dynamic regional markets for this type of work. This is an area where ...

Aug 28, 2024
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NYC skyline
News

Signs Of Distress Growing In NYC Office Market, But ‘The Worst Is Yet To Come’

... ,” said David Heller, executive vice president of Savills’ capital markets group. “Up until this point, there’s been very limited ... Scribner Building, a Class-A, landmarked office and retail property named “a jewel on Fifth Avenue” by the Municipal ...

Sep 28, 2023
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Nordblom's 15 Blue Sky Drive in Burlington.
News

This Week's Boston Deal Sheet

... , was responsible for forming Cushman & Wakefield's senior housing capital markets group, and prior to that he was a managing director at ... 111-space parking lot adjacent to 87 Cambridgepark Drive. The property also includes 3K SF of ground-floor retail and a ...

May 22, 2023
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CoStar Group HQ
News

CoStar Stock Falls After Cutting Forecast Again

... real estate data giant CoStar Group saw its stock plunge to ... during a down market.  "Even though the property markets remain as some of the worst in ... contributors to the worsening projections was commercial property sales platform Ten-X, which CoStar acquired ...

Oct 25, 2023
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Smoked Out: Denver’s Marijuana Retailers And Wholesalers Cope With Changing Industry
News

Smoked Out: Denver’s Marijuana Retailers And Wholesalers Cope With Changing Industry

... months,” Rick Egitto, a principal of Avison Young’s capital markets group in Denver, told Bisnow in an email.  One reason why ... example of the high demand retail spaces are seeing. The property was listed on the market in November 2022 and had ...

Jun 05, 2023
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NoMad Residences Wynwood Related Group Short Term Rental 280 Northwest 27th Street
News

Developers Build Thousands Of Miami Condos With Investors, Not Homeowners, In Mind

... .  The rising interest in short-term rentals led developers Property Markets Group and Greybrook Partners to convert a planned, 49-story ... company Sydell Group.  Related has also sold all the units at The Crosby Miami Worldcenter, a 450-condo property free ...

Jun 23, 2023
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Los Angeles office building
News

Office Vacancies In Los Angeles Threaten Properties' Viability, New Report Says

... different paths for restructuring an underwater but cash flowing property,” Bitner said.  Bitner said this analysis is more ... found.  Erica Finck, a senior director in the capital markets group at Cushman & Wakefield, said while there is trouble ahead ...

Aug 28, 2023
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Baltimore-Area Office Investment Sales Plummet
News

Baltimore-Area Office Investment Sales Plummet

... a market where investors don’t feel compelled to own property and lingering doubts about how companies will use office space ... didn't help.  Joe Friedman, a partner at Edge Capital Markets Group, said uncertainty didn't just cool demand. It also caused ...

Jan 09, 2023
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