Student Housing Is Still Way Behind Demand
If the housing market was a baseball game, American Campus Communities CEO Bill Bayless would say student housing was in the bottom of the fourth inning.
That is because, unlike other commercial real estate sectors, student housing has yet to tap its fullest potential. New construction of student-only housing since the 1990s, now called "purpose driven" in the industry, has met only about 20% of the…
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SXSW Begins Building Downtown Austin High-Rise
CZ Properties, an arm of SXSW Festivals, broke ground on its new 13-story office tower in the 1400 block of Lavaca this week. The tower, with an attached 300-car garage and three full floors of leasable tenant space, intends to cater to…
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6 Ways Millennials Are Influencing Multifamily Trends
As the largest living generation in the U.S., millennials play a major role in shaping multifamily real estate trends.
From apartment design and amenities selected, to the size of the units and the technology incorporated within them, this generation, which is anticipated to reach 70 million by 2024, is certain to influence housing stock across the country.
Tight finances and lifestyle preferences that challenge current stock could have developers and property owners scrambling if they do not keep up with millennials shifting preferences.
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Bay Area Investor Picks Up Sixth San Antonio Apartment Complex
Hamilton Zanze has picked up its sixth multifamily property in San Antonio in under two years, calling the asset a good value for the money in the Texas market.
The Bay Area investor has purchased $2.8B in multifamily properties since…
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Future Office Trends Mean Shuttered Retail Gains New Life As Office Space
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Retail Is Not Dead On These 5 U.S. Streets
While things may seem bleak for retail, various retail corridors around the world are commanding high rents, attracting new retailers and remain popular among shoppers and investors.
New York City's Upper Fifth Avenue has the highest annual rent around the world at $3K/SF, followed by Hong Kong's Causeway at $2,725/SF and London's New Bond Street at $1,720/SF, according to a report from Cushman & Wakefield. The Main Streets Across the World report tracks 451 top retail streets and ranks the most expensive in 68 countries by prime rental value.
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EXCLUSIVE: SoulCycle To Open In London In First Overseas Expansion
Luxury fitness company SoulCycle is set to move into London by 2019 — the brand's first expansion outside of North America.
Jeff Weinhaus, chief development officer at Equinox, the luxury fitness operator that owns SoulCycle, announced the U.K. expansion at Bisnow's London State of the Market event on Wednesday.Rumours have swirled for more than three years that SoulCycle would be coming…
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