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To Diagnose the Supply Chain Logjam, Use “the Rule of 1.5”

National + Weekender | November 19, 2021

SFR

SFR Demand and CMBS Issuance Rise in Tandem

National + Weekender | November 19, 2021

Logistics Real Estate’s Future: It’s Not All About E-commerce

National + Weekender | May 21, 2021

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Latest Atlanta & Southeast Weekender Stories

Iconic Southern Rock Studio Reopens in Georgia

Atlanta & Southeast + Georgia + Weekender | December 5, 2019

Capricorn Sound Studios in Macon, which helped propel the Allman Brothers Band, Otis Redding and other groups to worldwide prominence, has been reopened. The Georgia music studio fused blues, country and other sounds into Southern rock in the 1970s, and spawned a decade of creative activity. Capricorn’s historic Studio A reopened Dec. 3 after years …

Latest Boston & New England Weekender Stories

Up for Sale: Jacqueline Kennedy Onassis’ Private Estate

Boston & New England + Massachusetts + Weekender | July 2, 2019

The late Jacqueline Kennedy Onassis’ private estate, Red Gate Farm, is on the market, with an asking price of $65 million. The 340-acre property is in Aquinna, MA, on Martha’s Vineyard, and includes a 6,456-square-foot main residence, a two-story guest house, two garages, a caretaker’s house, boat house, storage building and hunting cabin. Also included …

Protecting Boston’s Seaport District from Climate Change

Boston & New England + Massachusetts + Weekender | May 22, 2019

Boston’s Seaport District was little more than an assortment of outdoor parking lots and warehouses as recently as 10 years ago. Today, the 1,000-acre area has become a hotspot for hulking office buildings housing corporations and startups. Recently signed tenants include General Electric, Amazon, Vertex Pharmaceuticals, PricewaterhouseCoopers and Fidelity Investments. But, among the array of …

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Latest California Weekender Stories

Tesla Palo Alto

What is the Impact of Firms Leaving California?

California + National + Weekender | October 8, 2021

Elon Musk’s latest announcement of Telsa relocating its headquarters to Austin made headlines but this move had been rumored for quite some time. Musk has made no secret that he opposes California’s high taxes and COVID mandates. Palo Alto’s mayor, Tom DuBois, said he was not surprised, given that Musk had already made Texas his …

CAA’s Bannon Breaks Down How New COVID-19 Legislation Will Hurt California MF Owners

California + Weekender | April 17, 2020

By Dennis Kaiser A new California legislative proposal in response to COVID-19 would force every rental property owner in the Golden State to reduce rents by 25% and subsidize the rents of tenants. The California Apartment Association (CAA), says the AB 828 legislation, introduced by Assemblyman Phil Ting, may be too narrow, while ignores the …

Latest Chicago & Midwest Weekender Stories

Connect Media President’s Letter: Celebrating Our Anniversary and Getting Your Feedback

Chicago & Midwest + Weekender | May 25, 2018

Connect Media is celebrating an important anniversary, our anniversary of publishing daily news. Connect Media began in the fall of 2014 with an idea that getting your real estate news should be easier and faster – stories under 150 words that connect you directly to the source. On May 26, 2015, we launched the newsletter …

Latest Florida & Gulf Coast Weekender Stories

Transforming Parking Garages to Serve On-Demand Economy

Florida & Gulf Coast + Florida + Weekender | June 28, 2019

Miami-based parking network REEF Technology has announced plans to transform parking lots and garages across the country into tech-forward hubs geared towards the on-demand economy. The company owns more than 4,500 parking facilities across the United States, and has now expanded to offer space for businesses specializing in last-mile and delivery-only food services, bike- and …

Latest Global Weekender Stories

Decarbonization of Building Stock Still Lags Goals, Says RICS

Global + Weekender | September 3, 2021

While the built environment is going in the right direction, it still isn’t moving fast enough to decarbonize building stock, according to the latest annual sustainability report produced by RICS and World Built Environment Forum. The 2021 report shows a greater appetite for greener buildings and more sustainable projects, but progress isn’t occurring rapidly enough to help reach global net-zero targets. In 2021, more than 40% of the …

Cities’ Post-Pandemic Status: More Important, Not Less

National + Global + Weekender | June 18, 2021

Although it may seem counterintuitive, more in-person work environments and the concentration of jobs in cities could be a medium- to long-term impact of the pandemic’s shift to remote working. That’s among the key findings of Citi GPS Technology at Work: The Coming of the Post-Production Society, a report produced by Citi and the Oxford Martin …

Latest National Weekender Stories

To Diagnose the Supply Chain Logjam, Use “the Rule of 1.5”

National + Weekender | November 19, 2021

A recent segment of CBS-TV’s 60 Minutes took viewers onsite at the Port of Long Beach and also at the offices of a toy importer in Chicago. At both locations, the story was the same: a massive backup that has delayed overseas imports from arriving at their stateside destinations. “There’s so much cargo arriving from Asia, that some of it has been diverted …

SFR

SFR Demand and CMBS Issuance Rise in Tandem

National + Weekender | November 19, 2021

History is repeating itself, with a twist, when it comes to the single-family rental (SFR) sector and its subset, build-for-rent (BFR). The twist here is that the renewed popularity of SFR among larger players, an interest that first surfaced in the post-Great Recession years, is being accompanied by a concurrent rise in the use of a financing vehicle whose heyday was pre-2008: …

Latest New York & Tri-State Weekender Stories

Short Term Rentals Impact on Housing Affordability

New York & Tri-State + New York + Weekender | October 25, 2019

What effect are online hospitality marketplaces like AirBnb, Vrbo and HomeAway having on the housing market? A new report from the Urban Land Institute details a battle between the firms and local communities who blame them for reducing tax revenue, a rise in housing prices and overall chaos in certain neighborhoods. Additionally, municipalities from New …

What Recession? We are Busier Than Ever. Help Wanted

New York & Tri-State + New York + Weekender | September 6, 2019

Connect Media, which ranks No. 1128 on the 2019 Inc. 5000 list, is looking to expand its team. The fast-growing Los Angeles and New York-based commercial real estate news, conferences, and creative services firm has openings on both the West Coast, as well as the East Coast. The roles the company is currently looking to …

Latest Phoenix & Southwest Weekender Stories

Developer Culdesac Announces First Car-Free Neighborhood in U.S.

Phoenix & Southwest + Weekender | November 22, 2019

Post-car real estate developer Culdesac has unveiled plans to build the country’s first car-free neighborhood from scratch in Tempe, AZ. Residents at the $140-million Culdesac Tempe project, located near Apache Boulevard and River Road, will not have private cars or parking, although the neighborhood will accommodate parking for visitors, and car-based modes of transportation, such …

Report: U.S. Flex Office Market is World’s Largest

Phoenix & Southwest + Southwest + Weekender | November 1, 2019

Despite being less than 1% of total office space across the entire country, the U.S. market for flexible space is now the largest in the world, according to a recent U.S. Market Summary by global flexible workspace specialist The Instant Group. The firm’s recent U.S. Market Summary: The Pioneers and the Pathfinders, reported on Instant’s …

Latest Seattle & Northwest Weekender Stories

Safe Lots for Homeless: A Solution or More Fuel to Growing Problem?

Seattle & Northwest + Seattle + Weekender | July 19, 2019

By Cole Feldman San Francisco intends to designate a parking lot near the Balboa Park public transportation depot as ‘safe’ for the city’s increasing homeless population. The space will provide people with access to showers and bathrooms, as well as counseling professionals for rehabilitation. Approximately 30 vehicles will be able to stay at the lot …

Seattle’s Pike Place Fish Market ‘Caught’ by Fish-Tossing Employees

Seattle & Northwest + Washington + Weekender | July 27, 2018

Earlier this month, four longtime Pike Place Fish Market employees, Jaison Scott, Samuel Samson, Ryan Reese, and Anders Miller, went from the docks to the desks when they purchased the world renowned Seattle business. The 1,000-square-foot market, along with the Space Needle, is one of Seattle’s premier sites, attracting thousands of visitors throughout summer months …

Latest Texas Weekender Stories

Could Parking Garages Be Phased Out by Autonomous Cars?

Texas + Weekender | May 30, 2019

With the arrival of viable private autonomous vehicles on the horizon, some industries are preparing for changes that may come from a reduced need for parking personal vehicles. “It is no longer a matter of if driverless cars will be on the road, it’s a matter of when,” said Rand Stephens, Avison Young Principal and …

135 Golfers Join CREW Dallas, LPGA Pros

Texas + Weekender | April 28, 2017

CREW Dallas, through its philanthropic arm, CREW in the Community, kicked off the Volunteers of America Texas Shootout on April 24, with its 31st Golf Classic LPGA Pro-Am Tournament at Las Colinas Country Club in Irving, TX. The tournament attracted 135 golfers. The year’s winners included: 1st Place Gross: KeyBank Real Estate Capital team with …

Latest Washington DC Weekender Stories

Inside the Push for Affordable Housing at MXU Projects

Washington DC + Weekender | July 12, 2019

As developers across the country continue to build large-scale and high-dollar mixed-use projects, municipal leaders are encouraging them to incorporate affordable housing by utilizing government subsidies, tax credits and zoning changes. But adding affordable housing can be tough on a developer’s bottom line, with the rising costs of construction, labor and land, according to a …

$850M Casino Deal Expands MGM’s Reach into NYC Region

Washington DC + Weekender | May 31, 2018

MGM Resorts and MGM Growth Properties have agreed to acquire the Empire City casino and racetrack in Yonkers, NY for a total of $850 million, including a $625-million sale-leaseback. For MGM Resorts, which will operate the property post-closing, the deal will expand its reach into the New York City region. “With Empire City’s approximately 40% …