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July 11, 2022

The BTR Boom Is Colliding With
NIMBY Pushback. Local Planners
Are Caught In The Middle

SJC Ventures Partner Jeff Garrison Discusses $750M Mixed-Use Interlock Project Aug. 10

Local planning and zoning officials across the country are increasingly overwhelmed by the surge in build-to-rent community developments, as fear of the unknown, a lack of historical precedent and opposition to density drive a groundswell of NIMBYism against the product.

The BTR Boom Is Colliding With NIMBY Pushback. Local Planners Are Caught In The Middle

BTR, or large-scale communities of single-family homes built specifically as rentals, is a fairly new phenomenon proliferating across the Sun Belt. In 2021, BTR development hit an all-time high of 6,740 new homes completed, according to Yardi Matrix’s RentCafé research. Nearly 14,000 BTR homes set to…

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Fuqua Sells Madison Yards To REIT For $80M

Fuqua Sells Madison Yards To REIT For $80M

A national retail REIT has purchased Fuqua Development's Madison Yards for $80.2M.Daytona Beach, Florida-based CTO Realty Growth acquired the 163K SF Publix Super Markets-anchored shopping center along the BeltLine Eastside Trail at 905 Memorial…

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McKinsey To Add 700 Tech Workers At New Midtown Atlanta Office

McKinsey To Add 700 Tech Workers At New Midtown Atlanta Office

One of the world's largest consulting firms plans to nearly double its Atlanta workforce and open a new technology hub.McKinsey & Co. plans to grow its Atlanta employee headcount from 800 to 1,500 as part of a company-wide push to diversify its workforce, the company announced Thursday in a press release…

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Weekend Interview: Fisher Brothers Commercial Portfolio Director Crystal Fisher

 

Crystal Fisher is already on her second career. She began her working life as a journalist, earning several Emmy nominations and a win while working for PBS before going on to work for China Central Television and Investigation Discovery.

Fisher moved into the world of real estate in the early 2010s, starting out as a salesperson for Manhattan brokerage Town Residential. In the years since, Fisher has tried her hand at various areas within the industry, from home-flipping in Fort Lauderdale to becoming director of sales and marketing at Fisher Brothers, where she is part of the fourth generation of the Fisher family to work at the company.

Now, as the firm's commercial portfolio director, Fisher handles approximately $65M of capital improvements for Fisher Brothers' assets. During the pandemic, Fisher also set her sights on other opportunities in New York City's market — and is betting on Manhattan's Midtown office sector. She recently founded Ease Hospitality, a tech-centered coworking company that opened a second location at 605 Third Ave. last month.

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