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October 28, 2020

California Investor Enters Atlanta's Apartment Market With Gwinnett Buys
[Webinar] Tomorrow Discuss The Future Of Atlanta's Latest Construction & Development Trends

A California apartment investment firm pivoted four years ago from buying on their home turf to focusing on the Sun Belt.

Now, Lion Real Estate Group has made its debut in the Atlanta multifamily market with two northern suburb property buys, and with plans to own several thousand units in Metro Atlanta.

California Investor Enters Atlanta's Apartment Market With Gwinnett Buys

“Atlanta we like because it has performed strongly in the pandemic,” Lion co-founder Jeff Weller said in an interview.Last month, Lion bought two apartment properties from RADCO for more than $83M, more than $142,500 per unit: Ashford 6860 in Norcross and 2800 Sweetwater…

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Asana Going Spec On Office Adaptive Reuse Of Historic Former Coke Plant

A developer is planning on taking the risk of speculative office construction in the height of the coronavirus pandemic, betting that the appeal of working in a single-user building converted from a former Coca-Cola bottling plant in Atlanta's historic Old Fourth Ward neighborhood will make its bet pay off.

Asana Going Spec On Office Adaptive Reuse Of Historic Former Coke Plant

Charlotte-based Asana Partners is readying to kick-start the conversion of the 100K SF former bottling plant at 560 Edgewood Ave. into an office building that will deliver in 2022, Capital Real Estate Group founder Bennett…

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Origin Stories: How Newmark EVP Sean Moynihan Went From Bartender And Professional Soccer Coach To CRE
Origin Stories: How Newmark EVP Sean Moynihan Went From Bartender And Professional Soccer Coach To CRE  

This series delves into the myriad ways people enter the commercial real estate industry and what contributes to their success.

Sean Moynihan entered the world of commercial real estate when he was teaching the daughters of a number of commercial brokers' daughters.

Moynihan, who is an executive vice president at Newmark in Atlanta, spent his early career as a professional soccer player and coach, first at Monmouth University, and then later as the coach for a youth soccer club in Atlanta that involved the children of some of the biggest names in Atlanta commercial real estate.

But Moynihan admits success in the industry, even for a professional athlete, can be elusive.

Bisnow: How did you get introduced to CRE? Moynihan: In 2001, I came to Atlanta as a full-time soccer coach at Tophat Soccer Club in Buckhead. Every day around 4, I would see guys pull up in very nice cars so I could coach their…

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The Bisnow Newsroom On What’s At Stake For CRE In Next Week’s Election
The Bisnow Newsroom On What’s At Stake For CRE In Next Week’s Election  

The 2020 General Election is now just days away, and more than 64 million Americans have already voted. There is no doubt this election is unlike any other. President Donald Trump, a real estate developer who has had four years in office, is pitching himself for another term as a law and order-focused leader who will put the economy back on track as scores of businesses close and millions remain out of work.

Former Vice President Joe Biden has painted himself as a unifying figure with a plan to steer the country through the chaos of the coronavirus pandemic, with a view for ending the divisions that have fractured the country.

In this episode of Bisnow's podcast, we hear from reporters and editors from California to D.C. to London about what is at stake for commercial real estate and how the businessmen and women of the industry are preparing for what is ahead. D.C. reporter Jon Banister discusses the candidates' support and fundraising from…

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Industrial Outdoor Storage Gets Its Moment In The Sun As An Investment Asset Class

Industrial outdoor storage may seem like perhaps the least sexy form of commercial real estate, but it has suddenly become a commodity hot enough to attract interest from massive sources of institutional capital.

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