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Patrick Carroll To Sell His 28,000-Unit Multifamily Business For $80M
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Patrick Carroll To Sell His 28,000-Unit Multifamily Business For $80M

Alternative asset management firm RMR Group is the buyer in the all-cash transaction, which will see Carroll depart from his company after being engulfed in scandal in recent months. The other members of the executive team and 700 employees will be ...

Jul 31, 2023
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'This Is Not Working': Rising Rents Are Putting The Nail In The Coffin For Small Retailers
News

Small Retailers Are Folding, With Few Cards To Play As Rents Spike

High demand and minimal new construction have driven up retail rents all over and for all retailers, according to JLL, most especially in the Sun Belt. JLL reported in February that rents for all retailers rose 6.7% in Phoenix from 2024 to 2025, 4.8% in ...

Mar 03, 2025
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Investec Realis
News

This Week's London Deal Sheet

... 60K SF of additional laboratory and office space. PLANNING AXA IM Alts has submitted a planning application for a new £750M ... . Mary Axe will be the fifth flagship office development AXA IM Alts has advanced in the Square Mile since 2012, collectively ...

Feb 26, 2025
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Talent Isn't ‘Human Capital’: Why This D&I Recruiter Won't Help You Tick A Box
News

Talent Isn't ‘Human Capital’: Why This D&I Recruiter Won't Help You Tick A Box

"I'm not a diversity expert," D&I recruiter and consultant Hilliary Turnipseed told Bisnow. "I’m a people expert." And keeping people front and center is critical to the recruiting process, she said. If a company or recruiter is focused on diversity more ...

Aug 21, 2020
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Let’s Get Digital: CRE Social Networking Expert Beth Azor To Speak At Bisnow's Elevate Retreat
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Let’s Get Digital: CRE Social Networking Expert Beth Azor To Speak At Bisnow's Elevate Retreat

On Aug. 16-18, a select group of up-and-coming commercial real estate professionals will convene at Bisnow’s inaugural Elevate retreat. The event, which will take place at the 1 Hotel Nashville, will give attendees unparalleled access to networking and ...

Jul 07, 2023
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How Special Servicers Handle Troubled CRE Loans This Cycle Will Be Different Than Past Downturns
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How Special Servicers Handle Troubled CRE Loans This Cycle Will Be Different Than Past Downturns

The number of properties that have been transferred to special servicing is on the rise, but unlike the last two times special servicing rates shot up — in 2020 at the onset of the pandemic and during the Global Financial Crisis — interest rates are ...

Jul 07, 2023
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Grosvenor Norges
News

This Week's London Deal Sheet

... to refurbish the hotel under its own branding. LEASING AXA IM Alts, Public Sector Pension Investment Board, QuadReal Property Group, Temasek ... space in the 1.2M SF, 62-storey building. AXA IM Alts developed and manages 22 Bishopsgate on behalf of the ...

Jan 22, 2025
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Atlanta's Industrial Tenants Get A Small, Possibly Brief Reprieve
News

Atlanta's Industrial Tenants Get A Small, Possibly Brief Reprieve

Metro Atlanta industrial property asking rents declined for the first time since the first quarter of 2013, to $7.32 per SF, CBRE reported. Vacancy is also at a decade high, with 8.4% of the region's nearly 754M SF available for rent, the largest ...

Jan 21, 2025
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Industry Vets Back New Resi Lending Fund
News

Industry Vets Back New Resi Lending Fund

... Capital acquired a stake of up to 20% in Sibner IM, a subsidiary of Sibner Group, which has a rented residential ... 's Price said in a statement. “The investment into Sibner IM does this whilst also allowing us to partner with an ...

Jan 16, 2025
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‘My House And Everything I Own Is Gone’: Wildfires Push LA Real Estate To The Brink
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‘My House And Everything I Own Is Gone’: Wildfires Push LA Real Estate To The Brink

Nearly 200,000 people have been forced out of their homes by four major fires that have blazed their way through 29,000 acres of Los Angeles and surrounding smaller cities since Tuesday. At least five people have died, and more than 10,000 structures have ...

Jan 09, 2025
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