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Find out more about what transit means for office development and how transportation is changing at Bisnow's West Coast Office Leasing & Development Conference Sept. 13. |
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Transwestern Vice President of Investment Sales Sade Ghorban has lived in the Bay Area for decades and has never seen traffic as congested as it is today. 
“[There was a time] you could leave San Francisco at 1 p.m. and make it to the East Bay without traffic,” he said. “Now, if you leave at noon or 1 p.m., you still get traffic.” As the Bay Area's…
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Can Junked Old Buildings Become Institutional-Grade CRE? CCIM Says YesThe adaptation of obsolete commercial properties for new uses as institutional-grade product is going to be more important than ever in the coming years, according to a new report by commercial real estate educator CCIM. 
“We predict that adaptive reuse projects will make up a greater percentage of investment activity than self-storage and other select non-core property types by 2023,” CCIM Institute Chief Economist K.C. Conway said. Conway wrote the "Adaptive Reuse: Turning Blight into Bright" report…
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Crowdfunding Thought Leader Adam Kaufman Talks Market Stigma, Competition And Surviving The Coming Down CycleIn the real estate crowdfunding market, offering institutional-grade investment opportunities to the masses as transparently as possible is the key to survival. “Only the successful people in the industry — people who are real estate-focused first and have the experience in real estate [to] pick the quality deals to present to the crowd — are going to be the ones to survive,” said Adam Kaufman, co-founder and managing director of New York-based crowdfunding platform ArborCrowd. To better understand the challenges facing the real estate crowdfunding market, Bisnow sat down with Kaufman to discuss the growth and legitimization of real estate crowdfunding and strategies that players like ArborCrowd are employing to overcome the industry's past stigma. |
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Mattress Firm Considers Bankruptcy As It Reckons With Real Estate WoesAn embattled national mattress retailer embroiled in a real estate scandal is contemplating filing for bankruptcy to help clean out its portfolio of possible money-losing stores. Mattress Firm Inc. is eyeing a potential bankruptcy filing, having tapped AlixPartners, a firm that aids companies' turnaround strategies, Reuters reports, citing anonymous sources. News of a possible bankruptcy comes just days after investment bank Piper Jaffray issued a report that speculated bankruptcy may be Mattress Firm's best option to reduce its bloated real estate portfolio, Furniture Today reported. Mattress Firm has been heavily discounting its products and has been criticized for adversely affecting the mattress industry at large. |
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