Palomino Park Apartments, a giant property with more than a thousand apartments in Denver, sold for $435 million, in a deal that closed in June. The deal shows how rapidly the
All Eyes Turn South: South Florida Is A Real Estate Investor’s Dream In 2021
Earlier in May, the New York Post reported that over 33,000 New Yorkers had exchanged their NY driver’s licenses for Florida ones. San Francisco’s Local 10 reported that over 80,000 people had moved out of the
Is the CRE Industry Progressing on Diversity and Inclusion Efforts?
U.K.-based real estate services firm Savills Plc found itself in the news two weeks ago and not for a good reason. The company, which also has offices in the U.S.,
Accelerated Demand for Industrial Space Is Driving a Boom in Spec Development
Accelerating demand for industrial space is driving a boom in speculative construction in the sector by investors and developers across the board. As Amazon, Fedex, DHL, UPS and a number of other
Eight Ways 1031 Exchange Changes Could Make Economic Waves
In recent months, the political spotlight has once again turned to a 100-year-old tax policy: the 1031 exchange. Often referred to as a “loophole” by detractors, a 1031 exchange, in simplest
Apartment Rents Reach Record High, Led By Small And Midsized Markets
One of the legacies of the receding coronavirus pandemic looks to be a nationwide spike in apartment rents. In June, asking rents were up 2%, according to RealPage data, with average monthly rent