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Apple Signs 42,000 SF Office Lease in Florida

Apple Signs 42,000 SF Office Lease in Florida

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

After searching for Miami-area office space for nearly three years, Apple Inc. (NASDAQ:AAPL) will soon open an office in Coral Gables. Bisnow reported the high-tech giant has signed a 42,000-square-foot lease in the north tower of the Plaza Coral Gables that...
420 Property Debuts Cannabis MLS

420 Property Debuts Cannabis MLS

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

420 Property, the Sacramento-headquartered online marketplace for cannabis real estate and business listings, has launched Cannabis MLS (cannabismls.com), a multiple listing service designed to serve individuals and businesses involved in the U.S. cannabis industry....
A Strong Q1 for the CMBS Market

A Strong Q1 for the CMBS Market

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The market for private-label commercial mortgage-backed securities (CMBS) recorded 23 conduit and single-borrower transactions with a total balance of $17.85 billion during the first quarter, according to new data from Trepp Inc. This marked a 39% increase from the...
Tech Trends: The Future of Construction Law in the Age of AI

Tech Trends: The Future of Construction Law in the Age of AI

by Thomas Lambert | Apr 10, 2024 | News/Current Events, Real Estate News, Tech Trends, WRE News Exclusive

The increasing use of artificial intelligence (AI) tools in the construction industry is transforming how projects are managed and executed. AI is not swinging any hammers — yet — but it is helping builders accumulate data about a project’s progress, when supplies can...
Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale

Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale

by Phil Hall | Apr 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly one of five (17.8%) homes that sold in San Francisco during the three months ending Feb. 29 was sold at a loss, according to new data from Redfin (NASDAQ:RDFN). This is comparable to the 17.9% share recorded during the three months ending Jan. 31, which was...
Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower

Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower

by Phil Hall | Apr 10, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment and development firm Rabina has begun residential sales for its forthcoming 1,000-foot mixed-use tower at 520 Fifth Ave. in Midtown Manhattan. The new property will be the tallest residential tower on Fifth Avenue, featuring 100 one- to...
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