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05/25/2018
Designing a Terminal for Uber's New Flying Taxis: Behind Dallas-Fort Worth's High Designs for Uber Elevate Skyports
With Dallas-Fort Worth expected to be the testing ground for a commercial-grade Uber Elevate concept meant to bring Uber-branded flying taxis -- a cross between a helicopter and an airplane -- to the masses in the years to come, a Dallas-based architect...

05/25/2018
Apartment Rent Concessions are 'Back With a Vengeance'
It’s the age-old developer’s trade-off. In a market saturated with new apartments, building owners have a decision to make. You can either tolerate higher vacancy rates and hope they don’t last too long. Or, you can offer a month or two of free rent...

05/24/2018
Minto Confirms it is Going Public
Minto Yorkville at 61 Yorkville Ave. in Toronto.Ottawa-based Minto Properties Inc. has confirmed a story first reported by CoStar News that it will be taking its multifamily division public under the banner Minto Apartment Real Estate Investment Trust...

05/24/2018
Chipotle: From Single Shop to Surprise Departure
Pictured, on the left: The original Chipotle restaurant, which opened for business in 1993 at 1644 E. Evans Ave. in Denver. As any mother of a graduating senior will tell you, it all happens in the blink of an eye. One minute you have a scrappy burrito...

05/24/2018
CoStar Exclusive: Madison Marquette, PMRG Merging
Madison Marquette, a top real estate investment management firm, and PM Realty Group, a powerhouse in property management and landlord representation, are in talks to merge their firms. The merger will create a new company that blends Madison Marquette...

05/24/2018
RECon Recap: Change was Main Theme at Retail Confab Where Optimism Persisted Even if Turnout Was Smaller
Dealmakers attending ICSC's RECon conference in Las Vegas this week reported steady activity by food and beverage, home goods and services and value-driven tenants leading stepped-up deal-making activity from a year ago, despite a demand by tenants for...

05/23/2018
Rollback of Financial Crisis-Era Restrictions Seen As Unlikely to Accelerate Commercial Real Estate Lending
Senate banking committee chairman Mike Crapo (R-Idaho) authored the Economic Growth, Regulatory Relief and Consumer Protection Act, which loosens some restrictions on commercial real estate lending by banks. The U.S. House of Representatives passed...

05/23/2018
Exxon's XTO Energy's Shift to Houston Impacting Fort Worth's Skyline
Fort Worth's skyline was built, in part, because of long-held ties to the Texas energy industry, but XTO Energy's decision to relocate its headquarters to Houston this year signals a shift for the industry that was once its foundation. By the end of...

05/23/2018
Q&A: NAI Chairman and South Florida Broker Neil Merin on Bubbies, Bubbas and Brightline
Neil Merin, chairman ofNAI / Merin Hunter Codman, Inc. In the 1970s, Neil Merin was making $160 a week running a production line for a toy manufacturer in the Northeast when he quit to move to Palm Beach County for a property manager position that paid...

05/23/2018
ICSC RECon Update: Retailers, Developers and Investors Express Moderate Expectations at Closing of RECon
Final Thoughts as ICSCRECon Convention CoverageComes to a Close. Update: 4:30 p.m. (ET) Many commercial real estate and retail professionals used one word throughout the show – caution – in describing their expectations for deal-making ahead...

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