Memphis
U.S. Retail Sector Continues to Weaken, E-Commerce Increases Market Share, Drags Down Fundamentals
Ten-X Commercial released its latest U.S. Retail Market Outlook, including the top five ‘Buy’ and ‘Sell’ markets for retail real… Read more
2018 NMHC 50 Rankings Reveal Sector Strength, Continued Apartment Growth
The 2018 NMHC 50 rankings are out, and it reveals the apartment sector continued its strong economic run last year.… Read more
Hilco to Market Industrial Parcels for Auction
Hilco Real Estate has been hired by Atlanta-based IDI Logistics to market 19 development parcels located in industrial parks across… Read more
St. Jude Children’s Research Hospital Plans $412M Advanced Research Center in Memphis
A new era of scientific advancement is emerging at St. Jude Children’s Research Hospital in Memphis, TN, with the development… Read more
Milhaus Secures $320M for Four-State MF Portfolio
CBRE Capital Markets arranged the $320.5-million sale and recapitalization of Milhaus’s Urban Core Portfolio, a nine-property multifamily portfolio located in Indianapolis,… Read more
Matthew Day Joins Fogelman from Steadfast
Memphis, TN-based Fogelman Properties named Matthew Day as Senior Vice President of Investments. Day brings 15 years of investment experience… Read more
Sonnenblick-Eichner Arranges $136M Financing for Hilton Portfolio
Sonnenblick-Eichner Company arranged $135.78 million of non-recourse, first mortgage financing for 11 of Memphis-based Cooper Hotels’ properties totaling 2,037 rooms.… Read more
Blackstone’s LivCor Divests Memphis MF
Coastal Ridge Real Estate, in partnership with H. Katz Capital, paid $56.6 million for The Preserve at Forest Creek, a… Read more
Gramercy Makes Big Industrial Play with $1.1B Buys
New York-based Gramercy Property Trust entered into an agreement to acquire a 41-property, 7.8 million square foot portfolio of modern… Read more
What US Markets Are Most Challenging to Build Apartments?
The National Apartment Association and National Multifamily Housing Council commissioned a survey to find out the biggest challenges facing apartment… Read more
Chinese Manufacturer Invests $410M into Arkansas Factory Conversion
Connect Industrial is headed to Chicago, June 28th. Here’s where to get more details and register. China’s Shandong Ruyi Technology Group plans to… Read more
Who’s Atop NMHC’s Apartment Owners, Managers and Developers Rankings?
The National Multifamily Housing Council released its annual Top 50 rankings of the nation’s apartment owners, and managers, as well… Read more
Dallas-Fort Worth Leads National Demand for Industrial Space
Nationwide demand for industrial space is at an all-time high, and Dallas-Fort Worth is leading the way, according to a… Read more
CBRE Represents USAA in 10M-SF Portfolio Sale
CBRE represented USAA Real Estate Co. in the sale of its North American Logistics Portfolio. As ConnectMedia reported in December,… Read more
JF Buys 566K-SF Memphis Industrial
Pacer Partners, in conjunction with Drake Real Estate Partners, acquired Southpark Buildings D and E from Transpacific Development Co. The… Read more
Partners Nab 540 Units in Southeast
Fogelman Properties, based in Memphis, TN, aligned with Dallas, TX-headquartered Thackeray Partners to acquire a total of 540 multifamily units,… Read more
Gramercy Property Pays $521M for Industrial Portfolio
Gramercy Property Trust closed on the acquisition of a 17-property, 10.3 million-square-foot industrial portfolio for $521 million. The portfolio is… Read more
American Apparel Closes Stores in Nine Cities
Bankrupt retailer American Apparel now plans to close stores in nine cities. The troubled retailer will sell its remaining 101… Read more