Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
June 16, 2021

New Rituals, Stronger Bonds, Forgiveness: CRE Dads Find New Perspective

[In-Person] Don't Miss Cousins Properties, Ackerman, Piedmont REIT at Atlanta State of the Market June 29

Over the last year and then some, fathers across the commercial real estate industry formed new family rituals and bonds, struggled being suddenly thrust into the role of a teacher, and even marveled at how involved their own children became with their little offspring amid the coronavirus pandemic.

For Cedric Bobo, the founder of the real estate social impact training program Project Destined, Father’s Day this Sunday has a deeper meaning: He is finally able to forgive his own father.

New Rituals, Strengthened Bonds, Forgiveness: Fathers Of CRE Find New Perspective

Ever since his parents divorced when Bobo, 46, was in third grade, he said he had a strained and difficult relationship with his father. Growing up in the Deep South during the 1950s and 1960s, Bobo said the prejudice and violence his dad witnessed as a Black man affected how…

Read the full story here.

  Share:  

 
Perforation

Top Stories on Bisnow.com

Investors Foresee Modest Drop In Office Demand As Lease Lengths Inch Back Up Investors Foresee Modest Drop In Office Demand As Lease Lengths Inch Back Up
Hybrid Hurdles: A Partial Office Return Full Of New Complications Hybrid Hurdles: A Partial Office Return Full Of New Complications
Brookfield Invests In New Gaming Startup, Plans 1,000 Locations Brookfield Invests In New Gaming Startup, Plans 1,000 Locations
Mall REIT Washington Prime Group Files For Chapter 11 Mall REIT Washington Prime Group Files For Chapter 11
Perforation

Signs Of Lumber Bubble Bursting Offer Relief To Developers

The price of lumber, which has ballooned to unprecedented levels in recent months, has started to drop. From a record of $1,711.20 per thousand board feet in early May, lumber futures are now below $1K per thousand board feet for delivery in July. That is the lowest level for futures since March.

Signs Of Lumber Bubble Bursting Offer Relief To Developers

The spot price of lumber is also dropping, according to pricing service Random Lengths, as reported by The Wall Street Journal. The service's framing composite index fell $122 to $1,324 as of Friday, the most it has ever fallen in a week.As prices drop,…

Read the full story here.

  Share:  

 
Perforation

Affordable Housing Developers Eye Massive Funding Increase For Energy Efficiency In Biden's Budget

Glittering trophy office towers and mixed-use developments come to mind when conjuring images of renewables and energy efficiency in buildings, but in the future, that association could extend to the realm of affordable housing.

President Joe Biden’s proposed budget for the 2022 fiscal year includes a wide swath of programs and initiatives that would speed up the integration of energy-efficient technologies, renewables and sustainability into affordable housing across the country.

But policy experts say the full cost of transforming the affordable housing sector isn’t known, and debate is ongoing about how much should be paid for by the federal government. And while incentives exist, extra costs are still being shouldered by developers who choose to build energy efficiency into such housing.

Read the full story here.

 
Perforation

In Case You Missed It...

Lincoln Property Co. Breaking Ground On $265M Westside Mixed-Use Project Lincoln Property Co. Breaking Ground On $265M Westside Mixed-Use Project
FanDuel Bets On Ponce City Market For Tech Hub FanDuel Bets On Ponce City Market For Tech Hub
Media Giant In Talks For Office Space At Selig Project Media Giant In Talks For Office Space At Selig Project
Tenants Starting To Demand Flex, Coworking Spaces In Their Office Leases Tenants Starting To Demand Flex, Coworking Spaces In Their Office Leases
 
Perforation

Leasing Office Space Has Changed. Have Office Brokers Changed Too?

 

Office leasing has changed dramatically in the past decade, and that change was turbocharged by the shifts brought about by the coronavirus pandemic. The market has evolved, but has the job of leasing office space changed as dramatically?

Read the full story here.

Perforation

Origin Stories: Cassie Brown On Being Lonely And Afraid But Doing It Anyway

Cassie Brown has always loved helping her friends find apartments. She never dreamed that would turn into a lucrative career. 

After slogging through a few jobs where she felt stifled, Brown founded Smart City Locating in 2013 at age 25 with a broker's license, a passion for apartment hunting and not much else. She said she has made countless mistakes along the way as an entrepreneur and leader, and at times the path has been lonely. But it has paid off.

She has steadily expanded the firm's business through social media, including seeing fivefold growth in clientele during the coronavirus pandemic. In the last eight years, her team has placed nearly 54,000 apartment units. The company started in Dallas and now helps people find apartments across six states.

Brown said she still feels every day like she may be in over her head, but she is proud to have built a company culture where people can ditch the suit and tie and be themselves. 

Read the full story here.

 
 
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 49122