Archive for May 2020
My New Normal: JLL Co-Head Of International Capital Maggie Coleman National Capital Markets
May 7, 2020 Catie Dixon, Bisnow Managing Editor This series aims to capture a moment in time, talking to men and women in commercial real estate about how their lives and businesses are being transformed by the coronavirus pandemic. As JLL’s co-head of International Capital for the Americas, Maggie Coleman’s work life is normally geographically expansive. The…
Read MoreWhen, Or If, Office Occupancy Rebounds Remains An Open Question
New York Office May 6, 2020 Kelsey Neubauer, Bisnow New York Office sector players agree there will be an increased demand for space flexibility in the future, but they are divided on how much lower occupancy rates in traditional offices will be when the current pandemic subsides, if at all. Courtesy of Knotel Knotel Bryant, at 22…
Read MoreTop 5 Markets for Multifamily Transactions
The metros on this list accounted for more than a third of the total transaction volume in the first quarter, according to Yardi Matrix By Razvan Cimpean The COVID-19 outbreak has heavily impacted the multifamily market, both in terms of transaction and construction activity. Compared to the first quarter of 2019, investment volume dropped nationwide…
Read MoreMarcus & Millichap Completed $102 Million Multifamily Portfolio Sale in Los Angeles
April 23, 2020 LOS ANGELES, Calif., April 23, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the completion of the Armor Collection sale, four multifamily portfolios in Los Angeles, California that traded for a total of $102 million. “We began the process…
Read MoreTenant Risk Is Everything Today, And These Startups Are Helping You Measure It
May 6, 2020 Mike Phillips, Bisnow London It is the question on every property owner’s mind right now: Are my tenants able to keep paying the rent? Tenant risk is the single most important factor in real estate, which the coronavirus crisis has bought into sharp focus by forcing tenants in multiple sectors to close virtually overnight. For many…
Read MoreLet housing rise from the empty offices and malls
Jon Evans@rezendi / 12:00 pm PDT • May 3, 2020 Comment Image Credits: MysticsArt (opens in a new window)/ Pixabay (opens in a new window)under a Pixabay License (opens in a new window)license. Jon EvansContributor Jon Evans is the CTO of the engineering consultancy HappyFunCorp; the award-winning author of six novels, one graphic novel, and a book of travel writing; and TechCrunch’s weekend columnist since…
Read MoreNew home listings in April were nearly cut in half
In what should be peak homebuying season May 5, 2020, 11:04 am By Julia Falcon As stay-at-home orders increased across the nation last month, it showed in the lack of homes for sale. New listings fell 44.1% in April, as well as asking prices flattening and homes staying on the market longer, according to a new report from realtor.com While…
Read MoreMystery May: Landlords Armed With April Data Still Unsure What May Will Bring
National April 29, 2020 Bisnow Staff Here we go again. For all of the pain April seemed to promise, most landlords — with the exception of retail owners — were left pleasantly surprised: They recouped close to 90% of their expected rents. But as rent comes due again on Friday following the first full month of…
Read MoreThe Pandemic Is Changing How The Next Wave Of Apartment Amenities Will Be Designed
NationalMultifamily May 4, 2020 Dees Stribling, Bisnow National The coronavirus pandemic is forcing a rethinking of the multifamily amenities so important to attracting and keeping tenants in apartments over the last decade. Courtesy of Meshberg Group The coworking space at Wynwood 25, a 289-unit apartment development in Miami completed in 2019. The challenge now is to…
Read MoreWill We Return To The Office After COVID-19?
Adi Gaskell Contributor Will We Return To The Office After COVID-19? GETTY The coronavirus pandemic has had an indelible impact upon many of the habits and customs that underpin our society, with few places as disrupted as the workplace, where legions of us have been confined to our homes where we’ve attempted to maintain business…
Read More