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CoStar's People of Note (Aug. 16 - 22)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Salt Lake City, Chicago, Boston, Washington DC, Houston, Phoenix /...

Developers Betting Baby Boomer Building Boom has Arrived for Seniors Housing
All the attention given to millennials and their penchant for bicycle-and-rail riding urban apartment dwellings in recent quarters has somewhat obscured the simple demographic fact that the largest cohort for U.S. rental housing demand is the tens of...

Office Today, Apts. Tomorrow: Office-To-Residential Conversions Expanding Across More U.S. CBDs
A funny thing is happening in downtown markets where empty and obsolete office buildings are being converted into apartments. Companies that wouldn't consider a downtown location back when the space was available are coming back, drawn by the large number...

With Property Prices Hitting New Peaks, Where Do Brokers See Investment Opportunities?
Bryan Coggins, head of community planning firm Preface in Newport Beach, CA, has one piece of advice for commercial real estate investors in the current environment: "Sell, Now." Even if there is some lift left in prices, Coggins said the combination...

Skirmishing German Discount Grocery Rivals Roll Out U.S. Store Plans
Local jurisdictions in several U.S markets have approved site plans for Lidl and Aldi grocery stores in recent days as the Germany-based discount food chains seek to expand their rivalry into Southern California and other highly competitive segments of...

Tenants Continue to Emerge from Their Recession Shell to Drive Record Absorption
While news of old-school retailers closing or leasing back locations and downsizing law firms have dominated the headlines, leasing activity by commercial tenants has been quietly, almost impreceptively, growing. More office tenants, retailers and...

Downtown Brooklyn Transformation Ramps Up With $270M Macy's/Tishman Deal
Tishman Speyer and Macy’s, Inc. have placed bets on the future of Brooklyn's downtown and shopping district, announcing sale agreements that will downsize and modernize the retailer's aging Fulton Street location while developing 10 stories of office...

Are Certain Office Markets Predisposed to Build-to-Suits?
by Chris Kulig, CoStar Portfolio Strategy At this point in the office cycle, with many markets experiencing lower vacancies, rising rents but still modest construction levels, many large space users are opting to go the build-to-suit route to occupy...

CoStar's People of Note (Aug. 9 - 15)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Orange County, South Florida, New York City, San Francisco, Nashville...

Updated: JLL Bulks Up by Adding Apartment Financing Provider Oak Grove Capital
JLL today announced it is acquiring Oak Grove Commercial Mortgage, LLC, which does business as Oak Grove Capital, a major move to grow the CRE services provider's capital markets business by boosting its multifamily mortgage lending capabilities. St...

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