Memphis
Today’s Commuter Can Spend Two Weeks Per Year in Transit
By Paul Bubny The 1993 movie “Falling Down” begins with a heavily perspiring Michael Douglas behind the wheel of a… Read more
Dream Hotel Planned for Downtown Memphis
Hotel and brand management company Dream Hotel Group plans to bring its Dream Hotels brand to downtown Memphis. The planned… Read more
Report: Prices for the Most Affordable U.S. Homes Rose 9% in June
Prices for the most affordable third of homes sold in June in the U.S. were up 8.7% annually, according to… Read more
Group RMC Acquires Four-Building Memphis Office Portfolio
An affiliate of New York-based Group RMC has acquired a four-building office portfolio in Memphis. The four buildings total 391,297… Read more
Hamilton Zanze Sells 184-Unit Enclave at Water’s Edge to TN Buyer
Multifamily investor Hamilton Zanze ended its hold on the 184-unit Enclave at Water’s Edge, selling the north Austin apartment complex… Read more
Marietta Multifamily Community Trades for $34M
CBRE arranged the $33.6 million sale of The Hamptons at East Cobb, a 196-unit apartment community in Marietta. The property… Read more
City Council Approves Peabody Hotel – and Famed Ducks
Memphis-based Peabody Hotels & Resorts received the nod from the Roanoke, TX City Council to build a luxury hotel in… Read more
Continental Closes Four-Market Deal Involving 1,400+ MF Units
Connect Apartments is planned next month in Los Angeles. You can get more information and register to attend on this… Read more
Money360 Closes Quarter Billion in CRE Loans
Ladera Ranch, CA-based Money360 surpassed another quarter billion dollars in loan closings. That pushes the technology-enabled direct lender closer to… Read more
Amherst Residential Pays $404M for SFR Portfolio
Amherst Residential LLC of Austin closed on the purchase of 2,400 single-family rental properties, over several transactions valued at $404.1… Read more
IDI Logistics Taps Tim Moore to Lead Newly-Formed Central Region
IDI Logistics named current SVP and Midwest Regional Director Tim Moore to lead the company’s newly-created Central Region. Based in… Read more
Lennar Looking to Relinquish Mare Island Mega-Development
Miami-based Lennar reportedly plans to divest up to 500 acres on Mare Island to Nimitz Group. The move would signal… Read more
Memphis’ Historic Sears Adaptive Reuse Receives $85M Financing
Crosstown Concourse, a 1.2-million-square-foot premier mixed-use development in Memphis, has received $85 million in permanent financing. HFF worked on behalf… Read more
CBRE: Labor a Chief Concern for Warehouse Owners, Operators
The rapid growth of e-commerce is forecast to create demand for another 452,000 warehouse and distribution workers in the U.S.… Read more
Robinson Weeks Partners Enters Memphis Industrial Market
Atlanta-based Robinson Weeks Partners plans to develop Memphis Global Crossing in Memphis, the city’s first speculative industrial space in more than… Read more
Scarcity of Class A Drives Industrial Prices to New Highs
There’s still time to join us for Connect Industrial in Chicago on Wednesday. Leading up to the conference, Connect Media… Read more
Blackstone’s BREIT, Greystar JV Acquiring $1.2B Student Housing Portfolio
New York-based Blackstone Real Estate Income Trust, Inc. is acquiring the EdR Student Housing Portfolio for $1.2 billion, in a 95%/5% BREIT-led joint venture with Charleston, SC-based… Read more
AAF Awards Final Franchise to San Antonio
Alliance of American Football (AAF) will announce today that San Antonio is its eighth – and final – franchise. The… Read more
43-Property, 4.2M-SF Memphis Depot Portfolio Sold
Memphis Depot, a 43-building industrial portfolio totaling 4.2 million square feet in Memphis, has traded hands for $50 million. A… Read more