Category: Top National News

Commercial Property Executive, Aug. 10, 2017–Chris Nebenzahl Major diversified real estate firms led the 2017 Top 50 Property Management Firms ranking, as Colliers International, Cushman & Wakefield, CBRE Group and JLL took the top spots.

Wall Street Journal, Aug. 10, 2017–Ryan Dezember (subscription)Two of the country’s largest single-famly rental-home owners, Blackstone Group LP’s Invitation Homes and Starwood Waypoint Homes, agreed to merge in a deal that would create a giant landlord with roughly 82,000 homes in 17 metro areas.

Dow Jones Newswires, Aug. 10, 2017–Laura Stevens Beyond simple cross-selling opportunities, a big question in the $13.7 billion deal is: How deeply will the online retail giant integrate its new brick-and-mortar subsidiary?

National Real Estate Investor, Aug. 16, 2017–John EganOwners and developers of suburban offices that fail to embrace the urb-suburban vibe might find it harder to justify new projects or attract new tenants.

Washington Post, Aug. 5, 2017–Katherine ShaverFrom the Washington and New York suburbs to North Carolina’s Research Triangle Park, traditional corporate campuses that have struggled since the Great Recession are trying to transform from sterile worksites into vibrant mini-towns. In addition to housing, they’re adding restaurants, grocery stores, playgrounds and outdoor concert spaces–anything to draw people in and make them want to stay.

Forbes, Aug. 4, 2017Many startups and tech companies are focusing on the growing property technology sector. JLL recently expanded its tech capabilities by launching JLL Spark, an entity focused on creating new products, investments and supporting startups in the real estate tech industry.

Politico, Aug. 4, 2017–Colin WilhelmDespite promises from the Trump administration in April that it would “protect the homeownership … deductions,” multiple sources tracking tax reform said that the cap on the mortgage interest deduction–currently set at the interest on up to $1 million of mortgage debt–could be lowered in tax reform.

Wall Street Journal, Aug. 3, 2017–Josh Barbanel (subscription)Manhattan luxury-apartment sales have been stuck in the doldrums this summer, particularly units in flashy new developments.

Bloomberg, Aug. 3, 2017–Sarah MulhollandWith store closures accelerating, landlords are having to change course and find ways to create malleable space that can accommodate a revolving roster of tenants.

Miami Herald, Aug, 7, 2017–Neybis SanchezWhile Miami-Dade County’s emerging neighborhoods are experiencing substantial development and investment, one of its most established communities, Coral Gables, is also being transformed with large-scale retail projects from both the public and private sectors.