Brian Lee

1 month ago | globest.com | Kristen Smithberg |Philippa Maister |Anthony Russo |Brian Lee

An internal document from the General Services Administration (GSA), which manages the government’s real estate assets, lists dozens of federal office buildings and building leases slated to end by June 30, according to an Associated Press report. Some agencies are appealing to DOGE to exempt specific buildings, the report said.

1 month ago | globest.com | Philippa Maister |Kristen Smithberg |Anthony Russo |Brian Lee

Special Report Instant Insights Falcon Edit Post Analysis Early indications are that demand is weakening as absorption drivers are slowing By Philippa Maister | March 17, 2025 at 05:16 AM Uncertainty is the name of the game for the multifamily market as it faces the possibility of deteriorating rent growth in high-supply markets, the potential consequences of mass layoffs by the federal government, and tariffs that could trigger inflation and keep short-term interest rates high. Even if...

Dec 9, 2024 | globest.com | Natalie Dolce |Mario Marroquin |Brian Lee |Erik Sherman

Grover Corlew, a real estate investment management group focused on acquiring, transforming and managing office, multifamily and retail properties across the southeastern U.S., has refinanced the 355-unit Mayla Pompano multifamily residence for $114.4 million through lender Fannie Mae. According to Anuj Grover, partner at Grover Corlew, the refinancing is part of a broader strategic initiative to strengthen the firm's investment portfolio and maximize long-term growth.

Dec 9, 2024 | globest.com | Mario Marroquin |Erik Sherman |Brian Lee

State lawmakers are scrapping old zoning rules to expand the housing supply, betting that smaller, denser units can ease the affordability crisis without alienating multifamily investors. A new report from The Pew Charitable Trusts highlights policy shifts in Hawaii, Washington, and Colorado aimed at clearing the way for co-living, microunits, and other flexible housing types.

Dec 9, 2024 | globest.com | Erik Sherman |Brian Lee |Natalie Dolce

Automation and artificial intelligence are becoming crucial tools for industrial markets, according to a report from Yardi. Not because of what property owners need — although automation can help with building energy use and maintenance — but what tenants need in place. Retailers, warehouse operators in B-to-C and B-to-B, logistics firms, transportation hubs, and manufacturers expanded facilities during the pandemic, using e-commerce at a rate never before seen.