Senior Living Community Coming to Chatham County

The development of the new 124-resident community will create 200 jobs in the construction phase and more than 65 upon completion. Pooler, Ga.—Miami-based Shepherd Health and the senior living division of Cobalt Medical Partners have revealed Shepherd Living at Savannah Quarters, a senior living community in metro Atlanta. The community will be managed by Shepherd Senior Living. Read More>>Multifamily Real Estate …

REIT Acquisitions Fall Back to Earth

The trend of weak net acquisitions may continue in 2017. REIT acquisitions declined to a trickle while dispositions increased in 2016, and the signs are that the trend of weak net acquisitions may continue in 2017. Acquisition activity for equity REITs totaled $63.6 billion in 2016, down 35 percent year-over-year, and fourth quarter volume of $7.9 billion was the lowest …

NASH, Newland Nab 4,000-Acre Community near Charleston

Summerville, S.C.—WestRock Land and Development recently sold a major portion of Nexton to North America Sekisui House LLC (NASH), the U.S. operations of Japan-based homebuilder Sekisui House Ltd., and San Diego-based Newland Communities, for an undisclosed amount. NASH’s purchase encompasses approximately 4,000 acres, with 400 acres designated as commercial use. Read More>>Real Estate News

Niche Markets: Golden Age?

It’s Supply vs. Demand in the Senior Housing Ring Senior housing is drawing the interest of a lot of developers these days, and for good reason. The aging population is creating plenty of demand, occupancies are steady, asking rents are rising and returns are healthy. Read More>>Multifamily Real Estate News

Ashford Unveils Proposal to Buy FelCor

The combined company would be the second-largest pure-play publicly traded lodging REIT by guestroom count and the third-largest by enterprise value. Dallas—Ashford Hospitality Trust announced on Tuesday that it had submitted a non-binding proposal to acquire FelCor Lodging Trust for a total consideration of $9.27 per share, which reportedly represents an 11 percent premium to FelCor’s 52-week high closing stock …

Outlook for Apartment Sector Looks Strong

Rents will continue to grow faster than inflation and the average percentage of occupied apartments will continue to be relatively healthy in 2017. Read More>>National Real Estate Investor

Financier Pays About $40 Million for Quail-Hunting Plantation

Witt Stephens, Jr., whose father founded the Arkansas investment house Stephens Inc., nabs a South Georgia property. Witt Stephens, Jr. has purchased a South Georgia quail-hunting plantation for roughly $40 million, according to public records. Known as Blue Springs Plantation, the property wasn’t officially on the market, said Elliott Davenport, Jr. of Hall and Hall, who represented Mr. Stephens. Mr. …

On business: Charleston’s hospitality focus shifts to foreign firms

Thanks in large part to its port, Charleston has long been an international business destination, anchored by blue-chip global employers such as Boeing Co., Mercedes-Benz and Robert Bosch. Even so, there’s always room to improve, to keep the ball rolling. That’s the thought behind a new plan that calls for a “more comprehensive approach to our international engagement” by shining a …

Things To Expect From the Debt Markets in 2017

While capital markets look set to have an active year in 2017, borrowers should keep in mind that lenders are gradually becoming more conservative as the we get further and further into the cycle. Read More>>National Real Estate Investor

What to Expect from the Debt Markets in 2017

While capital markets look set to have an active year in 2017, borrowers should keep in mind that lenders are gradually becoming more conservative as the we get further and further into the cycle. Read More>>National Real Estate Investor

Here’s why malls across the US are dying

The American shopping mall is in a crisis. One of the largest malls in Pennsylvania, the Galleria at Pittsburgh Mills, sold for just $100. We explore the variety of reasons why malls cannot keep their stories afloat and are becoming vacant wastelands. Read More>>Business Insider