Every day we hear about businesses, restaurants, and properties completely turned upside down from the global pandemic. Every day ourselves, we decide where to draw limits, our comfortability with time in public, and with so much unknown, making plans on what to do next. We need some structure somehow, and there are limits to the…
Read more
CHICAGO, IL – Pacific Oak Residential Trust, Inc. a wholly owned subsidiary of Pacific Oak Strategic Opportunity REIT, Inc., announced the acquisition of a 196 single-family rental home portfolio in Illinois. The announcement comes on the heels of the company’s July 1st merger with Battery Point Trust, Inc. Following the Battery Point merger and Illinois…
Read more
Dr. Jessica Lautz, NAR’s Vice President of Demographics and Behavioral Insights, shares highlights of the 2020 Annual Member Profile and the Market Recovery Survey.
Violent downtown protesters are beginning to make their mark on apartment operations in Portland. Wood Partners has one community two blocks from the main protesting area near a federal building and its Managing Director Steve Hallsey says many of the homeless who had lived in that area have relocated to his apartment buildings neighborhood. “We…
Read more
As jobs recover, the fraction of purchase contract terminations has started to decline again.
DALLAS, TX – Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable energy development and investment, recently completed an upscale senior living community in the heart of Sugar Land. With 93 brand-new units, Gala at Four Corners was designed for active seniors ages 55 and up. Gardner Capital developed Provision at…
Read more
The coronavirus pandemic has heavily hit the demand for commercial real estate: multifamily, office, retail, and hospitality/lodging. The long-term effect on the demand for commercial space is still unraveling. This survey is intended to gather information on the impact of the pandemic on renters and landlords alike on key indicators such as rent payment received,…
Read more
Layoffs are still happening, with 1.4 million new filers for unemployment insurance, an increase of 110,000 from the prior week. This seems to be because of the re-closing of business activity in some states (such as no indoor dining).
CLEARWATER, FL – McShane Construction Company recently completed the construction of 1100 Apex, an adaptive reuse, mixed-use apartment residence in downtown Clearwater, Florida for GSP Development. Positioned on a 2.1-acre site at 1100 Cleveland Street, the development was originally constructed as an office building in 1972. After several failed redevelopment attempts in the early 2000…
Read more
I am a whole-hearted believer in the power of employee feedback to help companies understand their team members’ collective experience. It allows leaders to gain clarity on what’s working well and what is getting in the way of employee engagement and overall business performance. Employee feedback is only valuable, however,…
Read more
