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 […]
Commercial
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 […]
WeWork Sells Tech Startup Teem
WeWork has sold off the meeting space technology company Teem, which it acquired in 2018, reported Bisnow. Workplace solutions firm iOffice announced it had acquired […]
The Latest Updates from WeWork
WeWork to Terminate 10-15 Percent of its LeasesWeWork is reviewing about 100 leases around the globe and could pull out of some of them as […]
The Biggest Property Owners in Silicon Valley
According to a recent report by the San Jose Mercury News, the top 10 property owners in Silicon Valley own over $59 billion in total […]
Updates from the Corporate Real Estate World: CBRE, JLL, Zillow and Others
CBRE Q3 Results Beat EstimatesThe world’s largest real estate firm reported revenue of $5.93 billion for the quarter, compared to analyst estimates of $5.73 billion, […]