Atlanta Suburbs Eclipse The City As Region's Most Expensive Submarkets

An Atlanta commercial real estate firm's next frontier for development is in the city that gave birth to Chick-fil-A. Coro Realty has purchased 16 acres throughout Hapeville, a city 9 miles south of Downtown Atlanta that is home to the original Chick-fil-A Dwarf House and Porsche North America's headquarters, to…

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Though off to a sluggish start, the drive to vaccinate Americans against the coronavirus is picking up speed. Many states are now moving from vaccinating health care workers and residents of long-term care facilities, the first phase of the government's rollout, to front-line essential workers and other essential workers, who make up Phases 1A and 1B of the rollout, respectively.

Apartment property managers and their staff, who have frequent interaction with residents, count as essential workers, according to government guidelines, since residential properties are part of the country's critical infrastructure sector. 

As the vaccine rollout moves along, apartment property managers will play a direct role in getting their employees vaccinated and an indirect role in the vaccination of their residents by providing information. 

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As a candidate during last year's presidential election, Joe Biden promised reforms to the opportunity zone program to prevent "billionaires [from exploiting] opportunity zones tax breaks to pad their wealth."

The promise of the U.S. government’s opportunity zone program to direct long-term investments to low-income communities has been criticized as a tax loophole that largely benefits investors who have steered the money to more affluent areas. In 2019, U.S. Sen. Tim Scott, the Republican from South Carolina who co-sponsored the bill that created the program, issued a program-ending warning to developers and investors targeting OZs. 

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This series asks rising stars in commercial real estate about their thoughts on some of the biggest issues facing the industry, including inequality, climate change and technology.

Growing up, Northwestern Mutual Real Estate Associate Nylz Reyes never thought he’d wind up in commercial real estate, much less making a difference for people of color in the industry.

“I was never even that big about race,” Reyes told Bisnow. “I would get into arguments with my siblings because I was so much like, ‘It’s all about work.’”

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