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Investors are eager to snap up Nashville apartments and office buildings, but retail isn't completely out of the picture, despite that property type's overall troubles. Especially if it's got name recognition and a solid location. 
Thompson National Properties (advising on behalf of the ownership group PKD GP) recently snapped up a Nashville CarMax, while at the same time another investor bought a Memphis CarMax. JLL managing director in the Atlanta office Kris Cooper (snapped with…
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E-commerce Expert Says Retailers Must Adapt To CompeteIt's no surprise that dying malls are flailing to stay current as big-box retailers struggle amidst burgeoning e-commerce competitors. With that in mind, Bisnow sat down with e-commerce and digital marketing guru Peter Gold, CMO of Market America/ SHOP.COM, to discuss how e-commerce is winning and what retailers can do to stay afloat. Bisnow: How has the surge of e-commerce affected malls today? Peter: I think several decades ago the culture was one of shopping and going to the stores and malls on the weekends with your family. Now we're seeing a shift, and there's a whole generation right now of digital natives and people growing up who only know of the digital world, only know of e-commerce, only know about apps. That's the norm for them. |
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High-End Dream Hotel Coming To Nashville
Another week, another hotel for Nashville. Dream Hotel Group has started work on Dream Nashville at 206-212 Fourth Ave N (pictured is Dream's property in Thailand; the Nashville property is unlikely to sport palm trees). The hotel, a luxury brand,…
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How Colorado Federal Savings Bank Saves Deals
Perhaps the most difficult stage of the developmental process takes place long before the first shovel smacks the dirt. One developer in Toluca Lake, CA, was in danger of forfeiting a six-figure deposit when the property they intended to buy…
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Chamber Backs Aggressive Transit Growth
Noting the link between economic growth (and real estate growth) and transit, the Nashville Chamber of Commerce released a major report, Moving Forward, this week. It backs the most comprehensive and far-reaching of the three scenarios outlined in nMotion's strategic…
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Bisnow Exclusive: Details On Walker & Dunlop's New $3.8B HUD PortfolioCRE lender Walker & Dunlop closed a deal this week on a $3.8B HUD portfolio, making it the largest HUD servicer in the nation. Walker & Dunlop acquired the commercial mortgage servicing portfolio for about $45M from an Oppenheimer Holdings subsidiary, which liquidated its assets and is now defunct, the company tells us. |
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