Rents continued to rise in the U.S. medical office sector, reaching new highs as of the second quarter of 2018, according to a recent report from
Kevork Djansezian Getty Images Both governors set goals to legalize recreational marijuana in 2019 to raise states’ revenues.
(Bloomberg)—The Democratic governors of New York and New Jersey each set goals to legalize recreational
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Airbnb posted second straight year of profitability on an adjusted basis, according to CNBC. Blackstone is almost done raising funds for its largest ever real estate fund, reports the Wall Street Journal. These are among today’s must
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Getty Images Eddie Lampert will present another bid for Sears later today.
(Bloomberg)—Eddie Lampert is expected to present a new bid for Sears today as talks to save the bankrupt retailer from liquidation continue,
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German Medici Living Group wants to add 1,300 rooms across the U.S. over the next three years.
(Bloomberg)—Medici Living Group, a provider of communal housing for millennials, is planning a $300
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The high rate of e-commerce returns is creating new opportunities for industrial real estate developers and investors.
Of the $500 billion in online U.S. sales last year, $75 to $150 billion worth of merchandise was returned, including $37 billion
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Rents are likely to rise the most for class-B apartments, and the least for class-C and -D units.
Rents are likely to rise faster for older, class-B apartments in 2019 than for any other class of apartment property.
“We
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Janet Yellen has said it’s possible there will be no more interest rate hikes this cycle, reports CNBC. Bay Area apartment rents are on the rise again, according to the San Francisco Chronicle. These are among today’s must
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Representative Elijah Cummings, chairman of the House Oversight Committee, said he’s dissatisfied with responses regarding foreign government payments to the Trump Organization.
(Bloomberg)—The chairman of the House Oversight Committee said Friday
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A group of investors has bought Newark’s Gateway Center for approximately $300 million.
(Bloomberg)—The nascent recovery of Newark, New Jersey, has gotten a boost with a deal to transform an outdated downtown office complex with
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