WeWork: From Bad to Worst
Reports have surfaced that SoftBank may walk away from the US$3 billion tender offer it committed to co-working startup WeWork following its aborted IPO plans. According to […]
Commercial
CBRE Leads Global Real Estate Investment Sales
Los Angeles-based CBRE has been named 2019’s global leader for commercial real estate investment sales, according to a report by Real Capital Analytics. RCA said […]
New Report Identifies the Most Active Data Center Markets
Based on CBRE’s latest U.S. Data Center Trends Report, driven by demand from large enterprise and cloud users, U.S. data center leasing and construction completions […]
California Lawmaker Tries to Repeal Prop 13 Caps on Commercial Properties
California Attorney General Xavier Becerra is pushing a ballot measure that would amend the State’s Constitutional protection (aka Proposition 13) which caps increases in property […]
CoStar Acquires RentPath for $588 Million
CoStar Group has acquired troubled apartment listing firm RentPath for $588 million, according to a press release. CoStar’s all-cash deal will take RentPath out of […]
U.S. Industrial Market Gained 3 Billion Square Feet Since 2010
According to Transwestern’s latest national report on the U.S. industrial sector, between the first quarter of 2010 and the fourth quarter of 2019, the U.S. […]
Newmark Knight Frank announces $1.85 Billion Multifamily Transaction
Newmark Knight Frank has announced the sale of Aragon Holdings, LLC’s national portfolio of apartment properties to Harbor Group International, a global real estate investment and […]
Top U.S. Markets For Office-Using Services Job Growth in 2019 and 2020
According to new report by global real estate firm CBRE, tech hubs, business-friendly Texas cities and high-growth Florida metro areas top the ranks of U.S. […]
CoStar to Build a 400,000 Square Foot Tower and Triple its HQ Staff
The Costar Group, whose stock soared by 77 percent in 2019, says that it will triple its staff at its Richmond, Va. headquarters. The company […]
Newmark Knight Acquisition Strengthens its Valuation Services
Newmark Knight Frank, announced it has acquired the assets of HVS, Inc., which operates under the name Hopkins Appraisal Services (“Hopkins”), a national leader in […]