This Week's Dallas-Fort Worth Deal Sheet
Clarion Partners purchased Shops at MacArthur Hills, a 75K SF neighborhood shopping center in Las Colinas, from Leon Capital Group.
Shops at MacArthur Hills is 100% leased. Clarion Partners purchased the asset clear of existing debt for an undisclosed price.
Anchored by a Whole Foods, the shopping center also holds a Zoës Kitchen, Fidelity Investments, a Sleep Number and a…
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Q1 Industrial: Dallas-Fort Worth Metrics Still Soaring
DFW industrial fundamentals are off the hook. Q1 saw vacancy drop to a razor-thin 5.8% despite 2.3M SF of deliveries on top of the record deliveries of 2017. This is the 30th consecutive quarter of positive absorption in DFW industrial, according…
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CRE Brokers On What It's Really Like To Join A Competitor
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Beyond The Bio: 16 Questions With Related Group's Carlos Rosso
This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.
Miami was the land of little garden apartments until Related Group helped change the game with its vision for sophisticated metropolitan living. Since 1979, the company has been stacking up condos and apartment buildings along the South Florida coastline, pulling in world-class designers and architects like Philippe Starck, Rem Koolhaas and Arquitectonica, and making high-end gyms and rooftop swimming pools the rule rather than the exception.
Carlos Rosso, who earned a master's degree in real estate development and finance at MIT, met Related CEO Jorge Perez when he reached out regarding his thesis project. “When you're done with that useless book, come work for me,” Perez told him.
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Past Deutsche Bank Head Of Real Estate Teams Up With Finance Vets To Launch REIT
Commercial real estate finance industry veterans Justin Kennedy, Toby Cobb and Jonathan Roth have founded 3650 REIT, a commercial real estate portfolio lender.
The REIT's investment products include long-term, first-lien mortgages on stabilized properties (five- to 10-year, fixed rate); bridge financing, including senior secured, mezzanine and preferred equity; opportunistic investments; and loan servicing and asset management.
The founders said that "3650" stands for…
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Bisnow's 5 Tips For More Effective CRE Marketing
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In the last 10 years, Bisnow has grown from a single e-newsletter sent to one person's personal email address book to the largest CRE media outlet in North America, Canada and the U.K. To build its subscriber base, Bisnow adopted…
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