Jackson Capital Group Launches New Firm
After six years of working for commercial brokerage firms in Seattle, Mark Jackson Jr. decided it was time to strike out on his own. This month, Jackson launched the four-person Jackson Capital Group.
“The response for the opening is fantastic,” he said. “The pipeline of our transactions is better than I could have expected at this early stage.”
The 28-year-old Jackson said he opted to start his own firm after seeing flaws in…
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Report: Parking Space Ratio Declined In Seattle Over Last Decade
Seattle's ratio of parking spaces per apartment unit dropped significantly over the last decade, according to a report from the National Apartment Association.
In Seattle, the parking ratio average fell from about 1.3 parking spaces per 1K SF of rental…
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Local 302 Strike Slows Down Commercial Construction In Seattle
Seattle construction slowed Tuesday after members of International Union of Operating Engineers Local 302 rejected a new Western Washington Associated General Contractors Master Labor Agreement.
It was not a complete shutdown as most construction workers aren't covered by the contract,…
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Vector Development To Build 382K SF Development In Covington
Vector Development Co. plans to build a $45M distribution center and self-storage facility in Covington. The 382K SF business park will feature two, 130K SF industrial buildings, plus a 122K SF, three-story self-storage facility with 950 units. Soos Creek Business…
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Why This Region May Lose Out On Opportunity Funds
While many cities and investors are starting to look further into the benefits opportunity zones and funds could provide to spur new development and investment in distressed areas, one region is at risk of missing out. The Bay Area's notoriously long entitlement and development process could mean the region's cities won't be able to take full advantage of the 10-year Opportunity Zones program.
“The Bay Area will not experience the overall benefit the rest of the country does because of all the restrictions and slow development processes,” Panoramic Interests Director of Development Zac Shore said during Bisnow's Bay Area Construction and Development event Thursday.
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Lockwood Development Partners Aiming To Snag Anbang Hotel Portfolio
Who is going to get Anbang's 15-hotel portfolio? The lead suitor for the properties seems to be a group led by New York-based Lockwood Development Partners, which owns and develops hotel properties.
"We're first at the table," Lockwood Manager Charles Everhardt, who is head of acquisitions and development for the company, told Bisnow. "This isn't a typical transaction, because we aren't buying from a typical seller. Anbang was taken over by the Chinese government, which changes the complexion of the deal."
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The New World Of Build-To-Rent: Why Amenity, Brand And Community Matter So Much
In the brave new world of build-to-rent three things will matter: amenity, brand and community.
The new ABCs will be the battle ground as BTR operators scrap for market share with each other, and with existing private landlords.
In the second part of Bisnow's in-depth analysis of the U.K. build-to-rent sector, we ask: can developers deliver what people want; who will be the winners; and who the losers?
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Get A Head Start On Dealmaking At Bisnow's Annual Multifamily Conference Pacific Northwest
After a warm reception at Bisnow's Baltimore State of the Market, networking platform BisnowMatch will roll out across 22 different Bisnow events this spring, summer and fall, from morning to full-day programs. The service, which allows attendees to set up…
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