FCP has acquired Tides at South Tempe for $71.5 million through a joint venture with Tides Equities, a real estate investment company focused on multifamily investments. The 442-unit apartment community is FCP’s first investment in Arizona. Tides at South Tempe is located close to Superstition...
The nonprofit research and technology group First Street Foundation has publicly released flood risk data for more than 142 million homes and properties across the U.S. The data is based on decades of peer-reviewed research. It assigns every property in the contiguous U.S. a Flood Factor score...
Kilroy Realty Corporation has been named NAIOP’s 2020 Developer of the Year. NAIOP is the Commercial Real Estate Development Association. Since 1979, the Developer of the Year award has been presented to a development company that best exemplifies leadership and innovation. It is NAIOP’s highest...
Using a new technology solution from ServiceLink, borrowers can complete home inspections from the comfort and safety of their homes. The new mobile app, EXOS Inspect, uses a patent-pending technology featuring the latest artificial intelligence and an intuitive user interface that allows...
Hodges Ward Elliott, a boutique real estate capital markets advisor, represented Sunstone Hotel Investors in the $80 million sale of the 622-room Renaissance Harborplace hotel. The Renaissance Harborplace, centrally located in the heart of Baltimore, features an on-site restaurant, a fitness...
The COVID-19 pandemic ended years of healthy multifamily fundamentals. Will the industry’s pain be short-lived or the start of a new trend that is less favorable for the sector? After nearly a decade of solid growth, multifamily asking rents dropped 0.4% nationally in April and May, with twice as...
The truth about the markets is still out there if you know where to look. Sadly, one of the most significant trends of 2020 will likely fall by the wayside for most people. It will not be discussed on the evening news, and it will not be the subject of dinner-table conversations in the average...
Don't overlook the smaller, lower-cost items that can add interest and value to your renovation. The purpose of all home renovations is to add value to a property—while adhering to some form of a budget. That’s even more true with investment related to renovations. Adding value within a budget...
Is the COVID-19 pandemic beginning to have an impact on commercial real estate? First quarter sales data from First American DataTree suggests we might already be seeing a glimpse into what’s likely to be a difficult year for commercial real estate (CRE) sales in 2020. At first glance, sales...
