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It’s About Time: AI-Powered Software Expedites Project Due Diligence
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It’s About Time: AI-Powered Software Expedites Project Due Diligence

Location is everything in commercial real estate, but another concern for commercial real estate lenders and investors is time, or the lack of it. The success of a construction project or property purchase can be jeopardized if stakeholders do not have ...

Jan 23, 2025
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Philly Rents Saw Minimal Growth In 2024 Despite Strong Demand For Apartments
News

Philly Rents Saw Minimal Growth In 2024 Despite Strong Demand For Apartments

The median price of a one-bedroom apartment in Philly grew by just 1.3% year-over-year while other nearby locales like Wilmington, Delaware and Allentown, Pennsylvania, saw the metric expand by 7.7% and 6.3%, respectively, according to a Zumper report  ...

Jan 23, 2025
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Brookfield Chair Leaves Firm To Run For Canadian Prime Minister
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Brookfield Chair Leaves Firm To Run For Canadian Prime Minister

Mark Carney, chair of the board of directors at Brookfield Asset Management, is leaving his role at the company as he formalizes his bid to lead his country instead. Carney, who was also previously governor of both the Bank of Canada and the Bank of ...

Jan 22, 2025
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'Paying That Forward': Klein & Hoffman’s New President On The Importance Of Company Culture
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'Paying That Forward': Klein & Hoffman’s New President On The Importance Of Company Culture

Chicago-based architectural and structural engineering firm Klein & Hoffman has completed thousands of projects across 18 states since its inception in 1953, delivering more than 300 projects annually and racking up awards and honors. These include being ...

Jan 15, 2025
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Tesco logistics
News

This Week's London Deal Sheet

... . The appointment follows the departure of Andrew Allen from Savills IM. Neal had held senior roles at Nuveen, a Teachers Insurance ...

Jan 15, 2025
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An interviewer and interviewee during a job interview in a sparsely decorated conference room.
News

CRE Talent Crunch Has Meant Higher Pay And Better Benefits

Many of the forces at play in the larger labor market, including pandemic-era burnout, the worker shortages and the so-called Great Resignation, have impacted CRE and the market for specific roles within the industry.  “There’s a push for a culture ...

Nov 03, 2021
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The inside lobby at the Industrious office space in Brickell on the 10th floor of the Sabadell Financial Center at 1111 Brickell Avenue, Miami, FL.
News

CBRE To Acquire Industrious At $800M Valuation

The commercial real estate brokerage and services giant announced it would pay roughly $400M to acquire outstanding equity in the coworking firm. The transaction is expected to close this month, with CBRE launching a new business line to support the ...

Jan 14, 2025
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New York Gov. Kathy Hochul delivering her 2025 State of the State address.
News

Hochul Takes Aim At 'Corporate Landlords' In State Of The State Speech

Among the ways she said she plans to decrease rent is by tackling platforms that use algorithms to inform rent pricing, such as RealPage, which, alongside a group of real estate giants, is the subject of an antitrust lawsuit by the Department of Justice. ...

Jan 14, 2025
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An aerial rendering of the Douglass, the first phase of Redbrick's Bridge District campus.
News

Opportunity Zone Industry Gearing Up For Expansion Under Trump

“​​There’s more conversation, more excitement around opportunity zones,” said Javelin 19 principal Jill Homan, who advises opportunity zone investors. “And I think that has to do with the change in administration.” HCVT partner Blake Christian, a tax ...

Jan 13, 2025
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Atlanta Office Players Say Market Has Bottomed As Availability Hits Record 33%
News

Atlanta Office Players Say Market Has Bottomed As Availability Hits Record 33%

Leasing activity hit 2.4M SF in the fourth quarter, an 18% jump from Q3, according to a CBRE report released Monday, led by AIG’s 179K SF regional hub lease at Perimeter Summit. At almost 10M SF, leasing activity in 2024 was the region's highest in five ...

Jan 13, 2025
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