Construction of Gateway Senior Apartments in Fishersville, Virginia Over the past decade, Virginia has been experiencing constant population growth. While this is positive news for the state, it also shines a light on the staggering need for more affordable housing. As of 2019, of the over 8.5 million people residing in Virginia, roughly 9.9% are estimated […]

Now more than ever, additional income streams are becoming more and more appealing and common. While you may have considered other income streams, like investing in the stock market, or maybe you’ve started your own business this year, then you know there is a wealth of potential to earn income outside of the 9 to […]

One of the city’s best-known moving companies is hawking their properties for a price that would make the cast of A&E’s “Storage Wars” do a triple take. Edison Properties, the owner of Manhattan Mini Storage, hired Eastdil Secured to unload 3.1 million square feet of storage space for more than $3 billion, at a time […]

4 Key Security Features to Look for in a Self-Storage Unit   Nowadays, the need for that “additional space” has been growing. From sheltered parking lots to garages, individuals need storage units to place their vehicles/belongings. For this reason, they are turning to commercial self-storage units that come with all the required security features. If […]

Mortgage delinquency rates, which have been a bellwether of distress in the commercial real estate sector during the pandemic, are continuing to improve. One area of concern, however, is that elevated levels of delinquencies in the lodging and retail sectors are expected to linger as troubled loans slowly work toward resolutions, with some defaults expected.           All […]

For 75 years, the Army-Navy store in downtown Greenville had occupied a 6,000-square-foot space on South Main Street. The business announced plans in early 2021 to relocate to Laurens Road, after selling the location it had long occupied for a reported $1.34 million. While the new owner clearly has plans for the space after paying […]

Ten years into this expansion cycle and properties are continuing to post impressive price growth. Property price growth rose 1.1 percent in May from April, the biggest monthly increase since early 2015, according to the latest U.S. National All-Property Index tracked by research firm Real Capital Analytics (RCA). Year-over-year pricing growth jumped to 7.2 percent. […]

Have you ever come across a roadblock, turned to take an alternative route and found yourself up against another obstacle? During Saskatoon’s construction season (basically anytime not designated Winter), it can be frustrating trying to find a route without some hurdle. Likewise, commercial real estate buyers and sellers can potentially encounter endless roadblocks during the […]

(Bloomberg)—Brookfield Asset Management Inc. is exploring a sale of real estate company Simply Self Storage, which could fetch about $1.3 billion, according to people with knowledge of the matter. The alternative asset manager, working with advisers, has fielded interest from prospective suitors, said the people, who requested anonymity because the discussions are private. A Brookfield […]

A robust pipeline of new apartments planned prior to the COVID-19 pandemic has continued to deliver projects throughout 2020. To attract tenants to properties at a time when many Americans are facing economic uncertainty and others are considering whether to leave cities and move to the suburbs, owners are now offering generous concessions, including months […]