Sun Belt

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

Retrieved on: 
Tuesday, February 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: 
Monday, February 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: 
Friday, March 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: 
Monday, February 26, 2024
REIT, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Urban Planning, Monument, FFO, Annual report, Note, Financial instrument, News, Sun Belt, Foot, Sale, Net income, Sponsor, Franklin Street, GAAP, Consolidated, Samsung Galaxy Note 3, Webcast, VIE, Blue Lagoon, Current research information system, Alert messaging, Bank statement, Investment, Internet

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: 
Tuesday, February 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: 
Friday, February 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: 
Thursday, February 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.

Black Rock Coffee Bar Adds Second Store in Eugene, OR

Retrieved on: 
Tuesday, February 13, 2024
Philosophy, Privately held company, Sun Belt, Black, Coffee, Fastest, Inc., Environment, Nightclub

“As the birthplace of Black Rock Coffee Bar, Oregon holds a special place in our hearts,” said Mark Davis, CEO Black Rock Coffee Bar.

Key Points: 
  • “As the birthplace of Black Rock Coffee Bar, Oregon holds a special place in our hearts,” said Mark Davis, CEO Black Rock Coffee Bar.
  • It reaffirms our commitment to serving exceptional coffee experiences to the communities that have embraced us from the very beginning.”
    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.

Texas and Florida Snag 70% of the Top 50 Master Plans in 2023; the Southwest Cools

Retrieved on: 
Tuesday, February 13, 2024
Consultant, Sun Belt, MPC, Research, Housing, COVID-19, Real estate

IRVINE, Calif., Feb. 13, 2024 /PRNewswire/ -- John Burns Research and Consulting (JBREC) have released their Top 50 Master-Planned Communities of 2023, which enjoyed strong new home sales despite economic uncertainty and high interest rates. JBREC surveyed over 500 communities to compile this year's ranking. Click here to see their top 50 MPC list for 2023.

Key Points: 
  • Florida remains the frontrunner in the Top 50 Master-Planned Communities, with an impressive 40% of the combined new home sales.
  • Several long-term top 50 master plans dropped in the ranking or out of the top 50 altogether.
  • Seven Phoenix master plans made the top 50 list in 2019 compared to only Bella Vista Farms (#38) in 2023.
  • Several large Florida master plans reported fewer new home sales in 2023, as elevated new home prices deter local buyers (though appeal to well-off new arrivals).

Black Rock Coffee Bar Opens Third Store in Glendale, Arizona

Retrieved on: 
Tuesday, February 13, 2024
Philosophy, Privately held company, Sun Belt, Growth, Black, Coffee, Fastest, Inc., Environment

Scottsdale, Arizona, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Glendale, Arizona residents will notice that Black Rock Coffee Bar , located at 8325 W. Northern Avenue at the intersection of Northern and Loop 101, opened its doors today, February 12.

Key Points: 
  • Scottsdale, Arizona, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Glendale, Arizona residents will notice that Black Rock Coffee Bar , located at 8325 W. Northern Avenue at the intersection of Northern and Loop 101, opened its doors today, February 12.
  • “This exciting opening day strengthens our connection with the Glendale community, where our talented baristas are dedicated to delivering fast and friendly service,” said Mark Davis, CEO Black Rock Coffee Bar.
  • “This is a continuation of the growth we are experiencing in Arizona and there is more to come!”
    The new 2000-square-foot Black Rock Coffee Bar store showcases the boutique coffee chains’ signature industrial modern design.
  • In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.