Real Estate Informed

Healthcare is modifying to meet consumer demand in communities and in rural areas and is seeing changes with the implementation of telemedicine, medical office buildings in retail space, community hospitals and clinics, urgent care and dialysis centers. In a recent breakout session at the 2020 CREW Network Convention, panelists focused on how these modifications are

DALLAS—While initial unemployment claims are continuing to fall, consumer confidence dropped to a six-year low in August, according to CBRE’s market update on the industrial and logistics sector. However, there are some strengths worth noting, including the industrial and logistics sector’s resiliency. “The promising US economic recovery is becoming increasingly fragile, with strong retail sales

The continues to be a significant gap between buyers and sellers on pricing. So far, sellers continue to hold onto pre-pandemic pricing, and many buyers are expecting a significant discount to take on extra risk and market uncertainty. Sabal Capital Partners has been in the market bidding on distressed properties, and has seen a significant

A new Brooklyn townhouse with its own indoor pool is on the market for $7.99 million. The 25-foot-wide home, at 72 Middagh St. in Brooklyn Heights, comes with its own two-car garage. (That’s a plus, because more New Yorkers are driving due to the coronavirus pandemic.) At 5,500 square feet, the home opens to a

The apartment rental market is softening across market segments, from market-rate to affordable housing, and student housing is no exception. New research from Zillow shows that apartment rents in college submarkets are down .5% year-over-year as of August, the first time that college area rents have decreased since 2017, which was the first year that Zillow

Affordable housing rent collections continue to struggle as the pandemic wears on. According to a new report from proptech company MRI Software, affordable housing rent collections were 77% of 2019 collections in August, and 76% of collections in July 2019. The report pulls from 1.5 million affordable housing units located throughout the US. Affordable housing

The National Apartment Association has joined the New Civil Liberties Alliance in a lawsuit challenging the US Centers for Disease Control and Prevention’s national eviction moratorium that it ordered earlier this month. The New Civil Liberties Alliance is a group focused on reigning in the expansion of federal agency powers. The associations are seeking a

A house that once belonged to suspected ax murderer Lizzie Borden is up for sale. The Victorian-style home in Fall River, Mass., where Borden lived until her death in 1927, was recently listed with Century 21 for $890,000. The property itself, located at 306 French St., is not directly connected to the infamous murders of

Given corporate America’s reluctance to return to offices rather than work from home, current conditions in office properties—and the likely near-term future—are looking bleak. Looming excess supply on the horizon will also be a problem, according to a new report on the top 25 US Office Markets from Colliers International. All told, the mid-year research

After opening for outdoor dining following months of lockdowns and economic hardship, US restaurants are recovering, but at a glacial pace. Indeed, a new report by S&P Global Market Intelligence revealed that the recovery of sales and employment slowed down in August. “August sales for the embattled industry fell about 15% from the year-ago period,

Institutions are becoming increasingly interested in manufactured housing. To name one recent example, Blackstone Group is in exclusive talks to acquire about 40 parks from Summit Communities for roughly $550 million through its REIT, Blackstone Real Estate Income Trust, according to Bloomberg. These investors are drawn to the sector for its resiliency and upwardly trending

Barbara DeLeo rolled out the pink carpet in her Staten Island home when she moved there in 1969. Her four-bedroom property is completely covered in shades of blush — her favorite color — from a bar and bathroom tile to wall coverings and window trim. “Everyone … calls it the bubblegum house,” said DeLeo, 83,

With all of the carnage in the office market, law firms should be asking hard questions about their space as they plan for the future. Right now, real estate is the second largest expense of law firms behind employees for law firms,  according to Ryan Hoopes, a director in the Legal Sector Advisory Group at Cushman

Like the rest of the commercial real estate community, the net lease sector experienced a grim second quarter. Unlike the rest of the industry, though, net lease appears set to have a robust second half. That is the consensus of the panelists at GlobeSt.’s Net Lease virtual conference, held Thursday.  “Things have come back since

Earlier this week, The Connell Company announced that it has partnered with Hana to open and operate Round Table Studios, a shared flexible workspace at Connell Park in Berkeley Heights, NJ. Round Table Studios, which provides curated office spaces, amenities and hospitality services for co-working, mid-to-large tenants and their guests, will occupy 40,000 square feet

According to the Real Estate Board of New York’s recent Q2 report, residential sales prices are down 13% year-over-year. Sales volume, meanwhile, has fallen off a cliff to the tune of a 43% year-over-year drop, an all-time record since REBNY started tracking that figure in 2006. Simply put, it’s a terrible time to sell an