Miami CRE Pros Hope Trump Works To
Solve, Not Ignore, Sea Level Crisis
In Miami, one hotel developer sees Donald Trump's presidential victory as a big unknown. But he has hope for one thing: Trump makes good on a campaign promise to invest in the country's infrastructure. Because for Miami developers, sea level rise and climate change, are real. Very, very real.
“We don't know what his position is going to be. We know what he said on the campaign [trail]. I am sure that he does not honestly believe that climate change is a hoax perpetrated by the Chinese,” says Claro…
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Monogram Dialed Back SoMa Brickell Apartment Rents To Stabilize
SoMa at Brickell is finally stabilized in its leasing. But that's at a price, say officials with the developer Monogram Residential Trust.
CEO Mark Alfieri told analysts during a Q3 investment call that the 418-unit SoMa's yields were 7% above…
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Healthcare Systems Will Have To Do More With Less
The final panel of Bisnow's National Healthcare Expansion & Innovation Series took a hard look at the future of healthcare, and what providers will have to do to adjust to decreasing margins and capital.
Although the results of the election have called the future of healthcare in America into question, providers will be facing the same issues they discussed on Tuesday—namely, constant downward pressure on reimbursements, and the resulting decrease in available capital.
“There's…
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NYC Investors Sell Office Holdings in Wellington
Vectra Management Group has sold off its Wellington Corporate Center portfolio for nearly $10M.
The NYC-based firm sold 1200, 1300 and 1500 Corporate Center Way, encompassing more than 46k SF of office space that is completely filled, to two separate…
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Retailers Are Increasing Their Augmented Reality Use—Here's How Shoppers Are Responding
Ten years ago, the traditional mall could thrive on a few popular department store anchors and a couple of dozen boutiques, but today shoppers require more of an experience to get them into physical stores. Augmented reality use is a big part of that.
Retail benefited from the Pokémon Go phenomenon that took the world by storm earlier this year, and experts say that is only the beginning.
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