Cresa Atlanta is seeking a new market leader after Chris Scott’s departure to Newmark, with Cresa principal Tom Tindall confirming the move as the city’s office market shows signs of recovery with rising leasing activity and declining availability. Learn more here: https://bit.ly/4bWGwG7
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?? This week’s housing market delivered a mixed bag—home sales and new construction jumped, but builder confidence hit a seven-month low as high mortgage rates and tariff concerns cloud the outlook. ?Click here for the key takeaways: https://bit.ly/4hvbwyb
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Why is Michael Shvo’s $1 billion investment in #SanFrancisco starting to pay off? How could federal lease terminations impact landlords? And which new markets is Amazon targeting for its primary care expansion? Find out the latest?#CRE?news in this edition of our weekly newsletter.
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Aberdeen's global head of real estate, Anne Breen, told CoStar News that real estate pricing is now competitive with other sectors, but future success will hinge on asset growth and income fundamentals. Discover more insights here: https://bit.ly/41BU2u4
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Laundry rooms are undergoing a design transformation as homeowners embrace bold patterns, natural details, and enhanced features, turning these once-overlooked spaces into joyful, functional retreats amid a challenging housing market. “When you’re doing a chore, why not have a fun space to do it in that makes you enjoy the chore just a little bit more?” said designer Tamara Day, host of “Bargain Mansions” on the Magnolia Network. Discover more about laundry room #design here: https://bit.ly/4kIWVC8
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The U.S. Federal Reserve is holding its benchmark rate at 4.25%-4.5% as it monitors the economic impact of escalating trade wars, which have heightened uncertainty and raised concerns among commercial #realestate professionals about rising costs for construction materials and other goods.
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Redevco CEO Neil Slater expressed cautious optimism at #MIPIM2025, acknowledging real estate market challenges amid bond yield concerns and uncertainty while emphasizing the need to demonstrate the sector's value to investors. Gain more insights here: https://bit.ly/4iExyzy
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Which would you choose for around $1.3M? ?? A unique converted barn in Oswego, Illinois now modernized and spanning 10,200 square feet, or a historic 1900s church and minister’s home in the California forest, offering Craftsman-style architecture and a peaceful, secluded retreat? Let us know your favorite! ?? Explore more about these properties: ?? Former church ?? https://bit.ly/41ZEMr1 ?? Converted dairy barn ?? https://bit.ly/4hIkzvF
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Forever 21's shutdown of its roughly 350 stores will bring U.S. retail closings to over 4,000 so far this year, more than half the number for all 2024, as chains are impacted by foreign competitors such as SHEIN and Temu. Learn more here: https://bit.ly/4iAeWk8
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Stay up-to-date on the latest hirings and promotions in the #CRE industry, ?? Avison Young appointed Suzette LaGrange, CCIM as market leader for Las Vegas, where the brokerage said it is trying to grow regional business. ?? Xavier Wasiak, SIOR joined Cresa as a principal in the firm’s Las Vegas office, where he will also represent clients in Reno and other nearby Nevada areas. ?? National developer PORTMAN Holdings promoted Andrew Kroll to chief operating officer and named Travis Garland to the newly created position of chief development officer. Read more here: https://bit.ly/3Rga2x0
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