Energy Nuclear power’s role on the path to net zero As prelude to the COP26 U.N. Climate Change Conference beginning Oct. 31 in Glasgow, mother…
Energy East Point Energy sells 20MW energy storage project to Dominion Energy East Point Energy, a Virginia-based energy storage developer, has sold the Dry Bridge Energy Storage…
Real Estate Lincoln, Harvard close on 585 acres for 7msf Goodyear AirPark In a joint venture partnership, LPC Desert West, the Southwest regional office of Lincoln Property…
From the Current Issue Multifamily rent growth hits eye-popping levels by Paul Fiorilla The average U.S. multifamily asking rent increased to a record $1,482 in June, up a whopping $23 in one month. The average asking rent climbed $62, or 4.4 percent, in the second quarter alone, according to research by Yardi Matrix. Asking rents are up by more than 10 percent year-over-year in nine of the top 30 metros, led by astounding growth in Phoenix (17 percent), Tampa and Southern California's Inland Empire (each 15.1 percent), and Las Vegas (14.6 percent).
From the Current Issue Dispatch from Miami: South Florida is hot, literally and figuratively by Ian Shapiro The Miami market is sizzling — largely as an unexpected result of the pandemic, which prompted individuals and businesses alike to migrate to the Magic City. Miami offers a diverse culture, sunny weather and no state income tax, and as COVID-related restrictions ease, the momentum in the market continues to grow.
Infrastructure SDC Capital Partners majority stake in IQ Fiber SDC Capital Partners has acquired a majority stake in IQ Fiber, a new residential fiber…
Real Estate WEBINAR: NFI-ODCE Index — Mid-year update Institutional Real Estate, Inc., hosted its fourth webinar on the NFI-ODCE Index on Sept. 15.…
Real Estate Crescent Communities and Pretium form $1b JV for single-family build-to-rent platform Crescent Communities and Pretium today announced the formation of a joint venture to invest $1…
From the Current Issue The Lazarus Complex: Some investors like bringing dead properties back to life and are finding the rewards are more than spiritual by Benjamin Cole Some properties, like some businesses, come to the end of the line. The rents or income don’t cover the costs, and the debts mount until the day of reckoning, be it return to lender or even padlocks. But unlike many businesses that can vanish into the night, the bankrupt and foreclosed properties remain, in the very tangible form of land, buildings and connections to infrastructure.
From the Current Issue Immovable objects: Flood-prone cities considering seawalls to protect property, infrastructure by Mike Consol With sea levels on the rise and storm surges more frequent and violent, several U.S. cities are considering a medieval solution to the problem in their quest to protect real estate properties and infrastructure: seawalls.