When I purchased my first mixed-use property in East New York, I knew that Section 8 would be the perfect fit for the residential units. What I didn’t know was the insatiable demand for large…
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Newmontis Lists Starbucks Anchored Shopping Center Near Chicago
Today it was announced that Commercial Real Estate firm Newmontis has listed Matteson Center, a Starbucks anchored shopping plaza just 35 minutes to downtown Chicago. The property has been 100% occupied by its original tenants since…
5 Key Points To Consider For Value-Add Commercial Real Estate Acquisitions
Achieving above average returns with any type of investing boils down to two things: 1) price and 2) timing. Typically, these go hand in hand. Sometimes, though, the market is already expensive so finding value…
A Decade In Review: 3 Fundamental Changes Have Shifted CRE Forever
1. The Reinvention of the Office Space Even though co-working spaces account for only 5% of the entire office market, the new workplace structure has been changed forever in the last 10 years. Not so…
43-Story Apartment Tower in Chicago’s West Loop Gets Key Approval
A controversial 43-story apartment tower planned for Fulton Market got approved by a key city committee, helping to clear the path for what would be the city’s tallest building west of Halsted Street. The city’s…
How Is the Trade War Affecting the CRE Market?
A key indicator for the commercial real estate market is showing signs of weakness, and uncertainty in the economy over the trade war, markets and interest rates may be to blame. The American Institute of…
5 Scenarios Where Furnished Apartments Make Perfect Sense
According to the Wall Street Journal, furnished spaces are heating up the New York City market with a 7% increase year over year. There are several reasons why furnished apartments are becoming a primary choice…
Retailers With Flagships Are Jumping Ship
For over a century, Fortune 500 retail-based companies used flagship stores to represent a crown jewel for the business. With the rising retail rents throughout America’s high-income corridors, those traditional retailers are jumping ship and…
Where to find an affordable apartment in NYC as a new grad
Congratulations! You’ve busted your tail, secured the job, and you’re ready to move out of that dorm and into the apartment your dreams so you can binge-watch How I Met Your Mother with a pint…
Building Skills New York Celebrates 500th Worker
Building Skills NY, an organization dedicated to providing typically underemployed minority New Yorkers a path to success by connecting them with quality construction training programs and job placements, announced today their 500th construction placement. To…