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In her new role, Andrea Drasites will oversee MIM’s $108.9B commercial mortgage, real estate equity and agricultural investments portfolio.
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U.S. office vacancy continued its post-2020 climb, reaching 21% for the first time.
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Plano-based Main Square Development received construction plat approval for the initial phase of its $3B Terra Nova project from the Terrell City Council.
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The developer plans to move residents in by the beginning of next year.
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Several hospitals that were taken over from bankrupt tenants Steward Health Care and Prospect Medical Holdings have reportedly failed to pay bills.
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TruAmerica Multifamily CEO Bob Hart said a shrinking U.S. population and increased federal scrutiny are slowing multifamily’s recovery.
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Nearly 75% of towns in Massachusetts have adopted open town meetings, which give residents the ability to vote on major developments and zoning changes.
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Meta and CBRE announced their new LevelUp program will train thousands of fiber technicians to build next-generation data center infrastructure.
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Berkshire Residential Investments bundled its four new properties into rental packages dubbed The Grid Collection.
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Microsoft and UW are studying ways to use DNA for data storage.
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