A Trio Of Influence: Nicole Shiman, Meg Daly And Tere Blanca
It probably comes as little surprise that the brawn behind 13th Floor's various projects—VP Nicole Shiman—comes from a real estate family. And she's just one of the featured speakers at our Power Series: Women of Influence this Thursday, 7:30am, at the Miami Beach Women's Club.
Nicole grew up in commercial real estate, her family involved in development and investment in Canada. That exposure planted a seed of interest in the business at an early age, she says. Nicole's first job was in her teens when…
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Economists Weigh In: How Will The 2016 Presidential Race Impact US Markets, CRE?
The 2016 presidential race is getting pretty heated. This election year has been momentous—with Hillary Clinton's email scandal, Donald Trump's raucous racial and gender slurs, and Bernie Sanders' unyielding campaign during the primaries.
As the general election nears, economists tell Bisnow the presidential race will impact US markets and commercial real estate, especially once a new president is elected. Here's what experts had to say.
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Design Approval And New Financing For Popular Wynwood Developer
East End Capital can move forward on Wynwood 25. The City of Miami Urban Design Review Board gave unanimous approval this week for the 400k SF mixed-use project, which will include 289 apartment units and 31k SF of ground-floor retail.…
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Three Multifamily CEOs Share Their Strategy: Build Or Buy?
To buy or to build, that is the question. Milestone Group CEO Robert Landin, Monogram Residential Trust CEO Mark Alfieri and Gables CEO Sue Ansel (snapped with Axiometrics analytics head Jay Denton, far left, at Bisnow's Multifamily Annual Conference last…
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Special Report: Millennial-Targeted Developments Are Too Expensive For Millennials
Across the country, developers have been racing to deliver new, highly amenitized urban apartment buildings aimed at the growing population of Millennials looking to rent. But some worry this focus on urban living has forced rents up, and the Millennials being targeted for these buildings are unable to afford them.
Since the last economic downturn, rents have risen steadily every year. In Q2, nationwide average apartment rent was $1,282, a 5.3% year-over-year rise.
Seven years ago, average rent was less than $1k. Since it's now that much more expensive to…
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Ten-X Platform Used To Close $200M In Hospitality Deals In The First Half Of 2016
Ten-X's continued growth in popularity is proof positive commercial real estate is still shifting toward the use of technology. This month, the leading online real estate marketplace announced its platform was used to close on 50 hospitality assets totaling roughly $200M in the first half of 2016.
The transactions—which took place between January and May—include the sale of a $10M Courtyard by Marriott in Brunswick, GA; a $6.7M DoubleTree by Hilton in Santa Fe, NM; and the sale of a Holiday Inn Express in Pittsburgh for $6.1M.
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