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Report: Hotels and ESG Initiatives

National + Weekender | August 10, 2022

Intrastate Capital: Where It’s Going and Why

National + Weekender | August 10, 2022

Within Economic Volatility, REITs Can Be Well-Placed Investments

National + Weekender | August 10, 2022

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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 …

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

Global Economic Report: Optimism Amid the Headwinds

National + Global + Weekender | May 27, 2022

Major events have marked 2022 so far, ranging from the geopolitical (the Russia-Ukraine war), to the economic (inflation). Topping it all off are continued logistics bottlenecks caused, in part, by COVID-19 lockdowns in China. Despite this, global economic reports issued by CBRE and JLL haven’t predicted gloom and doom. Both reports note that, while headwinds …

Global CRE Investment Volume Jumps 34% in Q1 2022

National + Global + Weekender | May 12, 2022

Despite the worldwide geopolitical and economic uncertainty, global commercial real estate investment seemed undaunted, growing by 34% year over year in Q1 2022 to US$282 billion. According to a CBRE report, investment increased by 47% in the Americas, 25% in Europe, the Middle East and Africa (EMEA) and 5% in the Asia-Pacific region. Multifamily investments …

Latest Lenders Weekender Stories

Latest National Weekender Stories

Within Economic Volatility, REITs Can Be Well-Placed Investments

National + Weekender | August 10, 2022

Economic ups and downs during the past couple of years haven’t been a secret. But the question that keeps arising is how commercial real estate behaves during periods of such volatility. JLL’s recently released “M&A and Strategic Transactions Monitor” focused specifically on what’s driving the REIT market. Though REITs overall are down 20% (in line …

Report: Hotels and ESG Initiatives

National + Weekender | August 10, 2022

Among the different real estate types, hospitality could arguably be considered one in which environmental, social and governance (ESG) initiatives are at the top of the list. A recent report from CBRE Hotels, published on the International Luxury Hotel Association website, analyzes how successful hotels, motels and others have been doing in these areas. According …

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

Constellation Joins Fund Advised by Crow Holdings in the Purchase of 33 Acres in Houston

Texas + Houston-Galveston + Weekender | April 8, 2022

Constellation Real Estate Partners, an investor and developer of logistics properties, in partnership with a real estate fund advised by Crow Holdings Capital, has acquired 32.95 acres of land on South Post Road in Southwest Houston for the development of Constellation Post Oak. Designed by Powers Brown Architecture and Langan Engineering, the project will include …

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 …

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% …