Commercial property

Thompson Thrift's Slate at Fishers District Named 2024 Multifamily Development of the Year in CoStar Impact Awards

Retrieved on: 
Tuesday, April 2, 2024
Slate, Trade, Growth, CoStar Group, CRE, Stainless steel, United, Linear park, Commercial property

INDIANAPOLIS, April 2, 2024 /PRNewswire/ -- Thompson Thrift, a full-service real estate company engaged in multifamily, mixed-use, retail, industrial and commercial projects across the country, earned national recognition today when Slate at Fishers District was named the multifamily development of the year for Indianapolis as part of the 2024 CoStar Impact Awards. Winners—chosen for their growth, diversification, and ability to overcome unique challenges in their markets—were selected from a panel of more than 660 industry professionals drawn from each respective market.

Key Points: 
  • INDIANAPOLIS, April 2, 2024 /PRNewswire/ -- Thompson Thrift , a full-service real estate company engaged in multifamily, mixed-use, retail, industrial and commercial projects across the country, earned national recognition today when Slate at Fishers District was named the multifamily development of the year for Indianapolis as part of the 2024 CoStar Impact Awards.
  • Sitting on approximately 25 acres in the master-planned Fishers District development, Slate at Fishers District consists of one-, two- and three-bedroom villas, along with three- and four-bedroom townhomes, all in a modern farmhouse style.
  • "Now in its third year, the CoStar Impact Awards are an incredible opportunity to recognize the real estate projects fundamentally transforming the industry landscape," said Andy Florance, Founder and Chief Executive Officer of CoStar Group.
  • Thompson Thrift is a full-service real estate development company focused on ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest.

Self Storage Faces Headwinds, According to Yardi Matrix

Retrieved on: 
Wednesday, March 27, 2024
Data, Housing, Investment, Matrix, Commercial property

SANTA BARBARA, Calif., March 27, 2024 /PRNewswire/ -- The self storage real estate sector is facing headwinds and continues to be affected by current market conditions, according to the latest Self Storage National Report from Yardi® Matrix.

Key Points: 
  • SANTA BARBARA, Calif., March 27, 2024 /PRNewswire/ -- The self storage real estate sector is facing headwinds and continues to be affected by current market conditions, according to the latest Self Storage National Report from Yardi® Matrix .
  • Combined same-store rates for non-climate-controlled units and climate-controlled units decreased in all the top metros tracked by Yardi Matrix on a year-over-year basis.
  • Yardi Matrix tracks a total of 5,148 self storage properties in various stages of development, including 880 under construction, 2,031 planned, 592 prospective, 1,546 abandoned and 99 deferred properties.
  • Yardi Matrix covers multifamily, student housing, vacant land, industrial, office, retail and self storage property types.

Momentum Builds For Stream Realty Partners As The Firm Strategically Positions For Exponential Growth

Retrieved on: 
Tuesday, March 26, 2024
Culture, Agility, Growth, Trammell Crow Company, History, Tenant, Partner, Young, Commercial property, Management

DALLAS, March 26, 2024 /PRNewswire/ -- Stream Realty Partners , a national commercial real estate firm offering an integrated platform of services, celebrates a remarkable milestone as it experiences its best year of growth and recruitment in its history.

Key Points: 
  • DALLAS, March 26, 2024 /PRNewswire/ -- Stream Realty Partners , a national commercial real estate firm offering an integrated platform of services, celebrates a remarkable milestone as it experiences its best year of growth and recruitment in its history.
  • Embodying a people-first ethos, Stream has meticulously fostered a culture of purpose, innovation, and entrepreneurial spirit, propelling its recent growth with intentionality and foresight.
  • Under the leadership of President Chris Jackson , who now also assumes the role of CEO, Stream has experienced exponential and intentional growth while many of its competitors have contracted.
  • People are our passion, and we believe that comes through in every interaction and transaction we're a part of."

GETZLER HENRICH NAMES MICHAEL OSMENT MANAGING DIRECTOR IN DETROIT OFFICE

Retrieved on: 
Monday, March 25, 2024
CIO, GM, Education, Information technology, TRW, Commercial property, Business, AlixPartners, Rocket Mortgage, Knowledge, Warner Bros. Discovery EMEA, CISO, University, MBA, Digital divide, Automotive industry, Taubman Centers, Management

NEW YORK, March 25, 2024 /PRNewswire/ -- Michael Osment has joined Getzler Henrich & Associates LLC ( getzlerhenrich.com ), one of the nation's oldest and most respected middle-market corporate restructuring and operations improvement firms, as a Managing Director in the Detroit office.

Key Points: 
  • NEW YORK, March 25, 2024 /PRNewswire/ -- Michael Osment has joined Getzler Henrich & Associates LLC ( getzlerhenrich.com ), one of the nation's oldest and most respected middle-market corporate restructuring and operations improvement firms, as a Managing Director in the Detroit office.
  • In announcing Mr. Osment joining Getzler Henrich, Joel I. Getzler, Co-Chairman of Getzler Henrich said, "We are pleased to welcome Mike to Getzler Henrich.
  • William H. Henrich, Co-Chairman of Getzler Henrich continued, "Detroit is an important and growing market for Getzler Henrich.
  • Prior to Getzler Henrich, Mr. Osment held the post of Chief Technology Officer at Bedrock Detroit, a real estate company 100% owned by Rocket Mortgage founder and primary owner, Dan Gilbert.

Capstone Partners Reports: Middle Market M&A Valuations Soften, Market Participants are Optimistic for a Recovery in 2024

Retrieved on: 
Thursday, March 21, 2024
EV, Transport, Corporate services, Fintech, YOY, Industrial technology, Federal, Dislocation, Acquisition, Capstone Partners, Federal Reserve, Telecom, Optimism, Commercial property

BOSTON, March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition (M&A) valuations experienced downward pressure.

Key Points: 
  • BOSTON, March 21, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Middle Market M&A Valuations Index, reporting that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition (M&A) valuations experienced downward pressure.
  • While business owners encountered a challenging valuation environment, several bright spots of the market have provided optimism for resilience and recovery in transaction value in 2024.
  • Buyers demonstrated heightened discipline in middle market M&A processes in 2023, refraining from overextending themselves to acquire target companies.
  • This may have coincided with buyers moving to lower levels of the middle market, a common occurrence amid market uncertainty.

Meet the Female Disrupter in the Boys Club World of Commercial Real Estate

Retrieved on: 
Tuesday, March 19, 2024
Commercial property, American City Business Journals, Entrepreneurship, Woman, Empowerment, Urban Land Institute, CREW

DALLAS, March 19, 2024 /PRNewswire/ -- As President of Wildcat Management, Tanya Ragan is a force in male-dominated industries like commercial real estate, oil and gas leasing, and venture capital.

Key Points: 
  • DALLAS, March 19, 2024 /PRNewswire/ -- As President of Wildcat Management, Tanya Ragan is a force in male-dominated industries like commercial real estate, oil and gas leasing, and venture capital.
  • Her rise to prominence shines a light on the excellence of women in these traditional boys' club sectors.
  • It is evident that closing the door on Ragan only means handing her the keys to the very building you're in.
  • This propelled Tanya into commercial real estate, achieving lasting impact.

Fair Market Value Capital Partners and TD Asset Management jointly acquire a minority interest in PSA Italy from PSA International

Retrieved on: 
Monday, March 18, 2024
KPMG, Yamaha, PSA International, FMV, Investment, Vinmonopolet, PSA, Commercial property

LONDON and TORONTO, March 18, 2024 /PRNewswire/ -- The FMV Industrial Infrastructure Fund I SCSp, advised by Fair Market Value Capital Partners ("FMV") and the TD Greystone Infrastructure Fund (Global Master) SCSp ("TDGIF"), advised by TD Asset Management Inc. ("TDAM"), today announced that they have jointly acquired a 28% interest in PSA Italy from PSA International ("PSA"), a leading global port operator.

Key Points: 
  • LONDON and TORONTO, March 18, 2024 /PRNewswire/ -- The FMV Industrial Infrastructure Fund I SCSp, advised by Fair Market Value Capital Partners ("FMV") and the TD Greystone Infrastructure Fund (Global Master) SCSp ("TDGIF"), advised by TD Asset Management Inc. ("TDAM"), today announced that they have jointly acquired a 28% interest in PSA Italy from PSA International ("PSA"), a leading global port operator.
  • Frederic Michel-Verdier, Founding Partner & CEO of FMV said "This investment in PSA Italy is the culmination of a decade long professional relationship with PSA.
  • We look forward to building on the strong relationship we have with both PSA and TDAM, through this investment in PSA Italy."
  • We look forward to building on our investment in PSA Italy and expanding our ongoing cooperation globally."

First National Realty Partners Finalizes Significant Lease with US Foods CHEF'STORE in Sandy Springs, Georgia

Retrieved on: 
Thursday, March 14, 2024
FNRP, Acquisition, Tenant, Planet Fitness, US Foods, Commercial property

SANDY SPRINGS, Ga., March 14, 2024 /PRNewswire/ -- First National Realty Partners (FNRP), a leading national private equity commercial real estate firm, executed a 28,000-square-foot lease with US Foods CHEF'STORE at City Center Crossing in Sandy Springs, Georgia.

Key Points: 
  • SANDY SPRINGS, Ga., March 14, 2024 /PRNewswire/ -- First National Realty Partners (FNRP), a leading national private equity commercial real estate firm, executed a 28,000-square-foot lease with US Foods CHEF'STORE at City Center Crossing in Sandy Springs, Georgia.
  • This not only marks the first CHEF'STORE in the Atlanta area and in FNRP's portfolio, but it exemplifies the strength of the Sandy Springs submarket and FNRP's dedication to maximizing the value of its acquisitions.
  • "FNRP's commitment to strategic acquisitions and proactive leasing strategies continues to deliver exceptional results," said David Roth, vp of leasing.
  • From acquisition to disposition, FNRP oversees the entire investment lifecycle 100% in-house, leveraging top talent in legal, acquisitions, leasing, and other key areas.

$525B in Multifamily Loans Will Mature Through 2029, Reports Yardi Matrix

Retrieved on: 
Thursday, March 14, 2024
CMBS, Freddie Mac, Database, Growth, Matrix, HUD, Investment, Housing, Fannie Mae, Commercial property

SANTA BARBARA, Calif., March 14, 2024 /PRNewswire/ -- The multifamily market has 58,533 properties with loans set to mature over the next five years, representing $525 billion of the total $1.1 trillion of loans currently backed by apartments, according to a new special report from Yardi® Matrix.

Key Points: 
  • More than half of the multifamily loans found in Yardi Matrix's database, $641.8 billion (56.3 percent) was originated by Fannie Mae and Freddie Mac.
  • Read the latest Multifamily Loan Maturity report from Yardi Matrix.
  • Yardi Matrix offers the industry's most comprehensive market intelligence tool for investment professionals, equity investors, lenders and property managers who underwrite and manage investments in commercial real estate.
  • Yardi Matrix covers multifamily, student housing, vacant land, industrial, office, retail and self storage property types.

BAM Capital Partners with Milhaus to Launch Nox, A New Era in Multifamily Living in Pittsburgh, PA

Retrieved on: 
Thursday, March 14, 2024
Partnership, Nox, Millhouse, Barratt, Commercial property

Founded on a commitment to integrity, innovation, and excellence, BAM Capital has established itself as a leader in the multifamily real estate sector .

Key Points: 
  • Founded on a commitment to integrity, innovation, and excellence, BAM Capital has established itself as a leader in the multifamily real estate sector .
  • Milhaus, a premier real estate development and management company, brings its expertise in creating high-quality, sustainable urban housing solutions.
  • Their partnership with BAM Capital in developing Nox underscores a shared vision for excellence and a commitment to positively impacting the communities they serve.
  • "BAM Capital remains highly selective and opportunistic in its ongoing endeavor to be the most trusted steward of investor capital," notes Ivan Barratt, Founder and CEO of BAM Capital.