Even though U.S. multifamily rents declined in September 2019, the market “remains the picture of stability” amid turbulence in the larger financial world, according to a new report from Yardi® Matrix.
Commercial real estate executives say investments in tenant experience technologies will shift into high gear in the year ahead, according to Deloitte’s Commercial Real Estate Outlook for 2020 edition.
CBRE Group, Inc. today announced that Charles (“Chuck”) Leitner will join the company as global CEO of CBRE Global Investors, CBRE’s real assets investment management business. Leitner will succeed Ritson Ferguson, who had informed the company of his intention to step down from that role.
The single-family home rental sector is growing by leaps and bounds in and of itself within the housing industry as well as within the rental market. Driven primarily by millennial demand and low rental-home inventory, single-family rental prices throughout the nation rose +2.9 percent year-over-year (y/y) in July 2019, according to CoreLogic.
Petrie Richardson Ventures (PRV), a mid-Atlantic-based national real estate developer, has restructured its executive team, and adjusted details of its strategic plan to address the changing landscape in the retail space.
MRP Industrial, a full-service, privately held commercial real estate development and investment company headquartered in Baltimore, has hired Zeshan Malik in the newly formed position of vice president, development.
Columbus Pacific has purchased the Market Street at Heath Brook, a 393,387-square-foot, regionally dominant, mixed-use lifestyle/entertainment village with office space in the Orlando-area community of Ocala, Fla.