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WeWork Rival Convene Makes Play for Small, Midsize Companies

2018-09-12 17:28:58| National Real Estate Investor

The New York-based startup has leased 116,000 square feet (nearly 11,000 square meters) of office space spanning four floors at RXRs 530 Fifth Ave. The target is businesses with 10 to 100 employees.

Tags: small play makes companies

Category: Real Estate
 

10 Must Reads for the CRE Industry Today (September 12, 2018)

2018-09-12 16:27:30| National Real Estate Investor

CoreLogic says Hurricane Florence could cause $170 billion of property damage, MarketWatch reports. Northern Las Vegas, the center of the housing bust, is booming again but the recovery has been uneven, according to The New York Times. These are the top must reads from around the commercial real estate industry today.

Tags: today september industry reads

Category: Real Estate
 

Tech Job Growth Continues to Create Demand for Office Space

2018-09-12 16:27:30| National Real Estate Investor

Higher education is key to hiring more tech talent, so employers are locating in cities with the most highly-educated populations.

Tags: office create job space

Category: Real Estate
 

1031 Buyers Retain a Strong Appetite for Fast Food

2018-09-12 16:27:30| National Real Estate Investor

During the first half of 2018, QSR transactions surpassed $1 billion, an increase of more than 10 percent year-over-year, according to The Boulder Group.

Tags: fast food strong buyers

Category: Real Estate
 

Facebook-Leased Tower in San Francisco May Hit Record Price in Sale

2018-09-11 20:51:00| National Real Estate Investor

The buildings owners, MetLife, the John Buck Co. and Golub & Co. are hoping to sell a 49 percent ownership stake in the tower.


Category: Real Estate
 

Blackstone Agrees to $500 Million NYC Apartment Deal

2018-09-11 16:26:54| National Real Estate Investor

The firm sees the 1,300-unit property, known as Parker Towers, as an affordable option for renters seeking alternatives outside of Manhattan and in parts of Queens, such as Long Island City, where new construction and sky-high prices are rife.

Tags: million deal apartment nyc

Category: Real Estate
 

Fast Foods Got a Netflix Problem as Americans Prefer to Dine in

2018-09-11 16:26:54| National Real Estate Investor

Traffic for the restaurant industry was down 1.1 percent in July, the 29th straight month of declines, according to MillerPulse data.

Tags: in to problem fast

Category: Real Estate
 

10 Must Reads for the CRE Industry Today (September 11, 2018)

2018-09-11 15:27:34| National Real Estate Investor

Local governments are buying up dying malls, the Wall Street Journal reports. A new study has found that seniors are delaying downsizing, according to the Dallas Morning News. These are among todays top must reads from around the commercial real estate industry.

Tags: today september industry reads

Category: Real Estate
 

Where CMBS Lenders Currently Fit in the Multifamily Financing Space

2018-09-11 15:27:34| National Real Estate Investor

Conduits lenders are often willing to make loans make loans that cover up 75 percent of the underwritten value of an apartment property.

Tags: space fit financing lenders

Category: Real Estate
 

The Investment Outlook for Student Housing Remains Stable

2018-09-11 15:27:34| National Real Estate Investor

Investors have historically demanded higher yieldsand lower pricesfor student housing properties compared to apartment properties overall.

Tags: student investment remains housing

Category: Real Estate
 

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