The Container Store is incorporating more technology into its physical locations, CNBC reports. San Francisco has become so pricey that households making more than $100,000 annually can qualify for low-income housing, according to MarketWatch...
The Bethesda, Maryland-based real estate investment trust has interviewed advisers regarding the portfolio sale.
The project was too slow to cut rents and had trouble attracting students earlier this year because it was still under construction.
. The firm is initially targeting a $50 million fund and will allow investors to contribute as much as $100 million in additional capital alongside the fund.
Reuters looks at who is benefiting from struggles in the regional mall sector. There will be more REIT acquisitions this year, Forbes predicts. These are among today’s must reads from around the commercial real estate industry.
The losing suitor, Pebblebrook Hotel Trust, “was provided with material nonpublic information” during the sale process LaSalle said in a filing with the SEC.
Moderate-cost house construction is restrained by rising building costs.
Coffee Bean & Tea Leaf is opening 100 cafes in New York, CNBC reports. A Forbes contributor analyzes how hurricane damage impact real estate values. These are among today’s must reads from around the commercial real estate industry.
The capital raising comes even as Trump has yet to deliver on a promise to facilitate the investment of as much as $1.7 trillion in the next decade.
Jerry Storch, a former chief executive officer of the defunct toy chain, has been working with multiple investors on a plan to reboot the retailer in the U.S.