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New York City Commercial Real Estate Sales Slump in First Half of 2017
Wall Street Journal, Aug. 14, 2017--Keiko Morris (subscription)New York commercial real estate deals shrank in the first half of 2017. The value of transactions in New York City decreased 39% in the first 6 months of the year from the same period a year earlier.
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Real Estate: Developer Describes ‘Epic’ Impact of Google’s Downtown San Jose Plans
San Jose (Calif.) Mercury-News, Aug. 14, 2017--Richard ScheininGoogle's new plan to remake downtown San Jose into a massive, transit-centered 'Google village' with up to 20,000 new jobs could forever change the city's trajectory.
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Some Apartment Markets Are Facing Challenges
National Real Estate Investor, Aug. 15, 2017--Bendix AndersonIn a few overbuilt downtowns, apartment rents are starting to fall. But experts claim that demand for apartment units continues to be so strong, the trend won't last for long.
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2017 Top 50 Property Managers
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.
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Blackstone, Starwood to Merge Rental-Home Businessses in Bet to be America’s Biggest Home Landlord
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.
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Amazon and Whole Foods: What’s Next?
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?
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Do Office Tenants Prefer the City or the Suburbs? The Answer is Complicated
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.
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