Simply Commercial Real Estate

Advanced Real Estate Acquires Downtown L.A. Apartments, Watertown Board Approves Commercial Property Variance

Advanced Real Estate buys downtown L.A. apartments for $62 million. Watertown Board of Adjustment approves variance for commercial property. Stay tuned to Simply C.R.E. for more updates on these exciting real estate developments and other news impacting the industry.Sources:https://www.bizjournals.com/losangeles/news/2024/09/06/advanced-real-estate-buys-canvas-la-apartments.htmlhttps://www.mykxlg.com/news/local/watertown-board-of-adjustment-approves-variance-for-commercial-property/article_2550d3a4-6c5f-11ef-aeae-471c2532d942.htmlhttps://www.bloomberg.com/news/videos/2024-09-06/rechler-commercial-real-estate-is-facing-new-paradigmhttps://www.bloomberg.com/news/videos/2024-09-06/rechler-commercial-real-estate-is-facing-new-paradigmOutline:(00:00:00) Introduction(00:00:42) Advanced Real Estate buys downtown L.A. apartments for $62 million(00:03:47) Watertown Board of Adjustment Approves Variance for Commercial Property(00:06:10) Rechler: Commercial Real Estate is Facing New Paradigm(00:07:03) Rechler: Commercial Real Estate is Facing New Paradigm

Commercial Real Estate Roundup: Sales, Leases, and Exciting Developments

Simply C.R.E. presents the top sales and leases in the real estate market, including transactions in Richmond and Goochland. Plus, exciting developments are underway in Las Vegas' Gateway District. Stay tuned for the latest updates and trends in the commercial real estate industry.Sources:https://richmondbizsense.com/2024/09/06/the-pipeline-commercial-real-estate-roundup-for-9-6-24/https://richmondbizsense.com/2024/09/06/the-pipeline-commercial-real-estate-roundup-for-9-6-24/https://www.reviewjournal.com/business/housing/apartments-commercial-space-proposed-for-vegas-gateway-district-3163032/https://richmondbizsense.com/2024/09/06/the-pipeline-commercial-real-estate-roundup-for-9-6-24/Outline:(00:00:00) Introduction(00:00:39) The Pipeline: Commercial real estate roundup for 9.6.24(00:03:06) The Pipeline: Commercial real estate roundup for 9.6.24(00:05:12) Apartments, commercial space proposed for Vegas’ Gateway District(00:07:09) The Pipeline: Commercial real estate roundup for 9.6.24

Promotion at Scotland Wright Associates, Landmark Commercial Space in Manatee County, Vegas’ Gateway District Development, and Commercial Real Estate Market Outlook

Fast-growing commercial real estate firm promotes Blake Rogers to President. Manatee County potentially obtains landmark commercial space. Apartments and commercial space proposed for Vegas' Gateway District. Keefe upgrades three to Outperform with commercial real estate bottoming. Stay informed about the latest developments in the commercial real estate industry and their potential impact on businesses and communities.Sources:https://www.citizentribune.com/news/business/fast-growing-commercial-real-estate-firm-scotland-wright-associates-promotes-blake-rogers-to-role-of/article_77c2a536-462d-5d54-9304-4c33d3024983.htmlhttps://www.mysuncoast.com/2024/09/05/manatee-county-potentially-obtain-landmark-commercial-space/https://www.reviewjournal.com/business/housing/apartments-commercial-space-proposed-for-vegas-gateway-district-3163032/https://www.tipranks.com/news/the-fly/keefe-upgrades-three-to-outperform-with-commercial-real-estate-bottomingOutline:(00:00:00) Introduction(00:00:44) Fast-growing commercial real estate firm, Scotland Wright Associates, promotes Blake Rogers to role of President and Equity Member(00:03:21) Manatee County to potentially obtain landmark commercial space(00:05:41) Apartments, commercial space proposed for Vegas’ Gateway District(00:07:40) Keefe upgrades three to Outperform with commercial real estate bottoming

Al-Andalus Property Partners with Yardi for Operational Efficiency, Concerns Over Tighter Underwriting Standards in Commercial Real Estate

Al-Andalus Property enhances operational efficiency with Yardi cloud technology, revolutionizing real estate management in Saudi Arabia. Meanwhile, the commercial real estate industry is on edge as Fannie Mae and Freddie Mac plan to tighten underwriting standards. Stay informed about the latest developments in the real estate industry and the potential impact on stakeholders. Plus, discover how technology is transforming operations in the Saudi Arabian real estate market and the challenges faced by borrowers and lenders in the commercial real estate sector.Sources:https://www.prnewswire.com/ae/news-releases/al-andalus-property-to-enhance-operational-efficiency-with-yardi-cloud-technology-302236851.htmlhttps://commercialobserver.com/2024/09/tighter-fannie-freddie-underwriting-commercial-real-estate/https://www.prnewswire.com/ae/news-releases/al-andalus-property-to-enhance-operational-efficiency-with-yardi-cloud-technology-302236851.htmlhttps://www.prnewswire.com/ae/news-releases/al-andalus-property-to-enhance-operational-efficiency-with-yardi-cloud-technology-302236851.htmlOutline:(00:00:00) Introduction(00:00:44) Al-Andalus Property to Enhance Operational Efficiency with Yardi Cloud Technology(00:03:32) Tighter Fannie, Freddie Underwriting Unnerves Commercial Real Estate(00:05:48) Al-Andalus Property to Enhance Operational Efficiency with Yardi Cloud Technology(00:08:26) Al-Andalus Property to Enhance Operational Efficiency with Yardi Cloud Technology

Shannon Airport Group Expands Property Portfolio, Cushman & Wakefield Hires Capital Markets Head

The Shannon Airport Group seeks to expand its commercial property footprint. Cushman & Wakefield hires Miles Treaster as Head of Capital Markets. Plus, JPMorgan Chase takes a significant loss on an LA apartment complex. Also, RealtyMogul launches a new 1031 concierge program for real estate investors.Sources:https://www.traveldailynews.com/aviation/the-shannon-airport-group-seeks-to-expand-commercial-property-footprint/https://bostonrealestatetimes.com/cushman-wakefield-hires-miles-treaster-as-head-of-capital-markets/https://dailyhodl.com/2024/09/02/jpmorgan-takes-29900000-loss-on-la-apartment-complex-in-deal-with-mega-landlord-report/https://labusinessjournal.com/real-estate/new-1031-concierge-program-opens/Outline:(00:00:00) Introduction(00:00:43) The Shannon Airport Group seeks to expand commercial property footprint(00:03:19) Cushman & Wakefield Hires Miles Treaster as Head of Capital Markets - Boston Real Estate Times(00:06:07) JPMorgan Chase Takes $29,900,000 Loss On LA Apartment Complex in Deal With 'Mega Landlord': Report(00:08:45) New 1031 Concierge Program Opens

Reviving Cabotville Mill, Arson Attacks in Lodi, San Francisco’s AI Boom, Commercial Real Estate Debt Crisis

A new plan to rehab Chicopee's troubled Cabotville mill with 600 apartments, retail, and commercial space. Crews battling a fourth-alarm fire at a Lodi warehouse. The surging office leases that tell the story of San Francisco's AI boom. The challenges of refinancing $1.5 trillion of commercial real estate debt next year. Stay informed with Simply C.R.E. as we cover these diverse and impactful stories.Sources:https://www.masslive.com/westernmass/2024/09/new-plan-to-rehab-chicopees-troubled-cabotville-mill-600-apartments-retail-commercial-space.htmlhttps://www.cbsnews.com/sacramento/news/lodi-warehouse-fire/https://sfstandard.com/2024/08/29/measuring-ai-growth-in-sf-through-office-space/https://fortune.com/2024/09/01/commercial-real-estate-debt-1-5-trillion-due-by-refinancing-apartments-interest-rates/Outline:(00:00:00) Introduction(00:00:41) New plan to rehab Chicopee’s troubled Cabotville mill: 600 apartments, retail, commercial space(00:01:48) Crews battling fourth-alarm fire at Lodi warehouse(00:04:26) How surging office leases tell the story of San Francisco's AI boom(00:06:42) $1.5 trillion of commercial real estate debt is due next year, and refinancing won't be easy

Gumption Revolutionizes Commercial Real Estate Financing, Long Beach’s Initiative to Revitalize Vacant Properties

Chattanooga startup Gumption connects commercial real estate borrowers with banks to facilitate financing transactions. Nearly 400 commercial properties sit empty in Long Beach; those in power really want to change that. Plus, discover the biggest recent commercial real estate deals in Arizona. Also, learn how Assets Xperts is transforming commercial real estate challenges to success for corporates and investors.Sources:https://www.timesfreepress.com/news/2024/sep/01/chattanooga-startup-gumption-connects-commercial/https://lbbusinessjournal.com/real-estate/vacant-property-map-long-beach-commercial-office-space/https://azbigmedia.com/real-estate/25-of-the-biggest-recent-commercial-real-estate-deals-in-arizona/https://cxotoday.com/interviews/innovative-asset-management-how-assets-xperts-is-transforming-commercial-real-estate-challenges-to-success-for-corporates-and-investors/Outline:(00:00:00) Introduction(00:00:47) Chattanooga startup Gumption connects commercial real estate borrowers with banks to facilitate financing transactions(00:03:42) Nearly 400 commercial properties sit empty in Long Beach; those in power really want to change that(00:06:56) 25 of the biggest recent commercial real estate deals in Arizona(00:09:34) Innovative Asset Management: How Assets Xperts is transforming commercial real estate challenges to success for Corporates and Investors

Commercial Mortgage Bond Market in Crisis, Prime Commercial Buildings for Sale

Bonds backed by commercial mortgages face disaster as real estate values crumble. Two prime commercial buildings in Glenside are now on the market. Plus, Long Beach takes proactive steps to revitalize its downtown area. Also, all commercial space at WTC in south Delhi sold, showcasing the growing preference of PSUs for ownership.Sources:https://markets.businessinsider.com/news/bonds/real-estate-crash-commercial-property-prices-investing-mortgage-backed-securities-2024-8https://glensidelocal.com/two-residential-commercial-buildings-in-glenside-one-with-2-br-apartment-now-on-the-market-for-615k/https://lbbusinessjournal.com/real-estate/vacant-property-map-long-beach-commercial-office-space/https://www.hindustantimes.com/cities/delhi-news/all-commercial-space-at-wtc-at-nauroji-nagar-in-south-delhi-sold-nbcc-101725039459338.htmlOutline:(00:00:00) Introduction(00:00:45) Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says(00:02:51) Two residential/commercial buildings in Glenside, one with 2 BR apartment, now on the market for $615K(00:05:03) Nearly 400 commercial properties sit empty in Long Beach; those in power really want to change that(00:08:11) All commercial space at WTC at Nauroji Nagar in south Delhi sold: NBCC

European-inspired Mixed-use Destination in Southlake, Multifamily Sale in Greater Los Angeles, New Coworking Hub in Red Bank, and Industrial Portfolio Acquisition in Denver

Discover the latest developments in the real estate industry. Learn about the plans for a European-inspired mixed-use destination in Southlake, featuring retail, restaurants, homes, and more. Explore the $95 million multifamily sale in Greater Los Angeles and the demand for housing in Simi Valley. Find out about the new coworking hub in Red Bank and how it will cater to the evolving needs of professionals. Lastly, delve into the acquisition of industrial outdoor storage properties in Denver and Commerce City and its impact on the local commercial real estate landscape.Sources:https://www.dmagazine.com/commercial-real-estate/2024/08/how-plans-for-a-european-inspired-mixed-use-destination-in-southlake-came-together/https://www.businesswire.com/news/home/20240829477044/en/Marcus-Millichap%E2%80%99s-Institutional-Property-Advisors-Brokers-95-Million-Multifamily-Sale-in-Greater-Los-Angeleshttps://www.roi-nj.com/2024/08/29/real_estate/denholtz-properties-and-regus-team-up-to-launch-new-coworking-hub-in-red-bank/https://www.prnewswire.com/news-releases/flywheel-capital-strengthens-industrial-portfolio-with-acquisition-of-industrial-outdoor-storage-properties-in-denver-and-commerce-city-302234243.htmlOutline:(00:00:00) Introduction(00:00:45) How Plans for a European-inspired Mixed-use Destination in Southlake Came Together(00:03:54) Marcus & Millichap’s Institutional Property Advisors Brokers $95 Million Multifamily Sale in Greater Los Angeles(00:06:28) Denholtz Properties and Regus team up to launch new coworking hub in Red Bank(00:09:35) Flywheel Capital Strengthens Industrial Portfolio with Acquisition of Industrial Outdoor Storage Properties in Denver and Commerce City

Commercial Real Estate Booms in Romania, Luxury Brands Enter Real Estate Market

Commercial real estate deals in Romania already above 2023 level. Luxe landlords: High-end brands are moving into real estate. Plus, insights into the growing commercial real estate market in Romania and the entrance of luxury brands into the real estate industry.Sources:https://www.romania-insider.com/commercial-real-estate-deals-romania-august-2024https://theweek.com/business/luxury-brands-real-estatehttps://theweek.com/business/luxury-brands-real-estatehttps://theweek.com/business/luxury-brands-real-estateOutline:(00:00:00) Introduction(00:00:40) Commercial real estate deals in Romania already above 2023 level(00:03:12) Luxe landlords: High-end brands are moving into real estate(00:05:25) Luxe landlords: High-end brands are moving into real estate(00:08:12) Luxe landlords: High-end brands are moving into real estate