Sun Belt | Jotup

Newmark Announces Expansion of Retail Capital Markets Team; Hires Industry Expert Conor Lalor to Lead

Retrieved on:

Jeudi, mars 28, 2024

Minter, RKF, Newmark Group, Sun Belt, Lead, Sale, Lalor, Senior, Capital market, CRC, Gold, ICSC, Financial services

Lalor's team will also collaborate closely with Chairman of Global Retail, Newmark Retail Services Mark Masinter and the broader Retail services team to advise clients on the latest retail trends.

Key Points:

Lalor's team will also collaborate closely with Chairman of Global Retail, Newmark Retail Services Mark Masinter and the broader Retail services team to advise clients on the latest retail trends.
The expansion of Retail Capital Markets further strengthens Newmark's cohesive retail services platform and the firm's Capital Markets business offerings.
"This is an exciting time in the retail sector, with strong fundamentals and investor interest rapidly expanding," said Lalor.
"Newmark has built a world-class retail leasing and capital markets business, and the opportunity to lead and team up with some of the industry's most renowned and respected professionals creates immeasurable value-creation opportunities for our clients, combining expert insight into retail trends with capital markets advisory.

WATG Appoints John Page as Principal, Senior Director of Business Development for the Americas

Retrieved on:

Mardi, mars 26, 2024

Principal, University, Sun Belt, Central Florida, Balfour Beatty Construction, Business development, Indian, Marketing, Architecture, WATG

LOS ANGELES, March 26, 2024 /PRNewswire/ -- WATG , the world's preeminent leader in luxury hospitality design, has announced the appointment of John Page as Principal and Senior Director of Business Development for the Americas.

Key Points:

LOS ANGELES, March 26, 2024 /PRNewswire/ -- WATG , the world's preeminent leader in luxury hospitality design, has announced the appointment of John Page as Principal and Senior Director of Business Development for the Americas.
In his role as Principal / Senior Director of Business Development, John will be responsible for supporting WATG's growth strategy in The Americas in gaming, entertainment, hospitality and residential (multifamily and senior living) sectors.
"John's appointment in The Americas further elevates our business development team to support the sophisticated needs of our highly diverse client community.
Prior to rejoining WATG, Page held business development positions with Yates Construction, Balfour Beatty Construction, VallyCrest Companies and Tutor Perini Building Corporation.

UCLA Anderson Forecast Sees Higher Interest Rates and Restrained Growth in 2024, but Likelihood of U.S. Recession Fades

Retrieved on:

Mercredi, mars 13, 2024

LOS ANGELES, March 13, 2024 /PRNewswire/ -- The UCLA Anderson Forecast ended 2023 ringing an up note as its December forecast asserted that the long, lingering possibility of a recession had faded because of expansionary fiscal policy, new national industrial policy and a national consumer base that continued to spend, despite the perception of economic uncertainty. The first forecast of 2024 continues these themes, while also noting that the recurring threats of a government shutdown are short-lived and no longer sounding any serious alarms, and the strong second half of 2023 will carry into the new year.

Key Points:

The forecast now expects less inventory adjustment in the current quarter and a moderation of consumer spending growth.
As a result, the GDP growth forecast for the first quarter of 2024 Q1 is lower, but still a respectable 2.2%.
However, the impact of higher interest rates will be felt in restraining growth in 2024.
The upside of the forecast is productivity growth thanks to new technology that drives higher wages and higher GDP.

Black Rock Coffee Bar Continues Expansion in Arizona with Fifth Store Opening in Tucson, and 41st in the State

Retrieved on:

Mardi, février 27, 2024

Philosophy, Privately held company, Sun Belt, Black, Coffee, Fastest, Inc., Environment

“Arizona holds a special place in our hearts and we are honored to continue our journey here in Tucson,” said Mark Davis, CEO Black Rock Coffee Bar.

Key Points:

“Arizona holds a special place in our hearts and we are honored to continue our journey here in Tucson,” said Mark Davis, CEO Black Rock Coffee Bar.
We invite people to come and feel the warmth of the environment Black Rock Coffee Bar provides.”
The new 2000-square-foot Black Rock Coffee Bar store showcases the boutique coffee chains’ signature industrial modern design.
Black Rock Coffee Bar’s mission is to be a positive force in the communities it serves.
In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.

Black Rock Coffee Bar Unveils its Delicious Spring Drink Collection to Celebrate the Season

Retrieved on:

Lundi, février 26, 2024

Privately held company, Weather, Sun Belt, Honey, Ice, Milk, Coffee, Fastest, Inc., Vanilla, Marriage

Black Rock’s new Spring Drink offerings include:

Key Points:

Black Rock’s new Spring Drink offerings include:
Strawberry Blondie: Silky smooth espresso combined with a fruity and creamy taste.
Black Rock Coffee Bar, which is guided by three principles - coffee, community and connection, has more than 130 stores in the U.S. Its mission is to be a positive force in the communities it serves.
In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.
The Black Rock culture prides itself on providing opportunities for young people to learn how to lead, run a business, and develop people skills.

Independence Realty Trust Appoints Craig Macnab to its Board of Directors

Retrieved on:

Vendredi, mars 1, 2024

Residential Building & Real Estate, Construction & Property, REIT, Portfolio optimization, Latham & Watkins, ALM, Sun Belt, Growth, National Retail Properties, IRT, NNN, CIO, Citigroup

Independence Realty Trust, Inc. (NYSE: IRT) (“IRT” or the “Company”) today announced the appointment of Craig Macnab to its Board of Directors (the “Board”), effective February 29, 2024.

Key Points:

Independence Realty Trust, Inc. (NYSE: IRT) (“IRT” or the “Company”) today announced the appointment of Craig Macnab to its Board of Directors (the “Board”), effective February 29, 2024.
Mr. Macnab’s appointment increases the size of IRT’s Board to 10 members, including 8 independent directors.
“We are pleased to welcome Craig to the IRT Board,” said Scott Schaeffer, Chairman and CEO of IRT.
The Board’s decision to opt out of MUTA reinforces our objective of maintaining leading governance and delivering value to our stockholders.”
“I’m honored to be joining IRT’s Board,” said Craig Macnab.

Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on:

Lundi, février 26, 2024

Overall, the portfolio weighted average rent per occupied square foot was $30.72 as of December 31, 2023, compared to $30.48 as of December 31, 2022.

Key Points:

Overall, the portfolio weighted average rent per occupied square foot was $30.72 as of December 31, 2023, compared to $30.48 as of December 31, 2022.
Supplementary schedules provide property information for the Company’s owned and consolidated properties as of December 31, 2023.
Today’s news release, along with other news about Franklin Street Properties Corp., is available on the Internet at www.fspreit.com .
A conference call is scheduled for February 27, 2024, at 11:00 a.m. (ET) to discuss the fourth quarter and full year 2023 results.

West Coast Design Firm Carrier Johnson + Culture Opens New East Coast Office in Atlanta

Retrieved on:

Mardi, février 27, 2024

Architecture, 4th floor, Pacific Northwest, CJ, Sun Belt, Work, Floor, Maffey, City, Interiors, Coda, Nightclub

ATLANTA, Feb. 27, 2024 /PRNewswire/ -- Architecture, Interiors, Landscape, and Planning firm Carrier Johnson + Culture (CJ+C) is celebrating the official opening of its newest location in Atlanta this March.

Key Points:

ATLANTA, Feb. 27, 2024 /PRNewswire/ -- Architecture, Interiors, Landscape, and Planning firm Carrier Johnson + Culture (CJ+C) is celebrating the official opening of its newest location in Atlanta this March.
Their Atlanta office opening marks their expansion to the East Coast and is the next major move in their nationwide growth.
As Atlanta and its neighboring areas are experiencing an influx of investment and development opportunities, Carrier Johnson is excited to play a part in the city's evolution.
Carrier Johnson + Culture's Atlanta office is located in the Coda Building at 756 West Peachtree Street NW, 4th Floor, Atlanta, GA 30308.

Black Rock Coffee Bar Opens First Store in Montgomery, Texas

Retrieved on:

Vendredi, février 16, 2024

Philosophy, Privately held company, Sun Belt, Black, Coffee, Fastest, Inc., Environment

“We are thrilled to open our newest store in Montgomery, our 15th store in the vibrant Houston metro area and our first in this wonderful community,” said Mark Davis, CEO Black Rock Coffee Bar.

Key Points:

“We are thrilled to open our newest store in Montgomery, our 15th store in the vibrant Houston metro area and our first in this wonderful community,” said Mark Davis, CEO Black Rock Coffee Bar.
We look forward to forging even deeper connections with our customers in Montgomery and beyond.”
The new 2000-square-foot Black Rock Coffee Bar store showcases the boutique coffee chains’ signature industrial modern design.
Founded in 2008 in Portland, Oregon, an area of the Pacific Northwest known for its coffee excellence, Black Rock Coffee Bar continues its rapid expansion in the West and into the Sunbelt with locations in Arizona, California, Colorado, Idaho, Oregon, Texas and Washington.
In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.

Newmark Lands Leading National Affordable Housing Advisory Team

Retrieved on:

Jeudi, février 15, 2024

Tax credit, Newmark Group, Capital market, AHA, Sun Belt, Growth, Marcus & Millichap, Section 8, Housing, Video game

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has hired the team formerly with Affordable Housing Advisors (AHA) – a leading brokerage team and platform previously housed out of Marcus & Millichap.

Key Points:

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has hired the team formerly with Affordable Housing Advisors (AHA) – a leading brokerage team and platform previously housed out of Marcus & Millichap.
The team, which will operate as Newmark Affordable Housing Advisors, or NAHA, is led by Vice Chairmen and Co-Heads of Affordable Housing, Andrew Daitch, Steven Miscavish, Seth Barnett and Matthew Kurzmann, who will tap into Newmark's extensive resources while continuing to provide expert market knowledge and advisory services to clients in the affordable housing industry.
Founded in 1987, AHA was one of the first brokerage groups to specialize in affordable housing, establishing themselves as the U.S. industry leader.
Steven Miscavish has over 22 years of industry expertise and leads the underwriting team that reviews more than 1,500 affordable housing properties annually.