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For years, life science companies have made their home in metro areas like Boston and the Bay Area. But Mark Hefner, CEO and shareholder of MGO Realty Advisors, says that is changing. “Major metropolitan cities like Boston, San Francisco, Seattle and San Diego that have been long-established life science hubs are expensive to operate in,”
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If a landlord thinks a tenant can survive after the COVID economic crisis passes, they’re usually motivated to work on payment plans, according to Luis Martinez-Monfort, founding partner of law firm Gardner Brewer Martinez-Monfort. “The appetite to work through forbearance from both the tenant and landlord is pretty high because I don’t think landlords believe,
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In-unit smart technology is building momentum. RealPage company STRATIS IoT, a technology platform that links apartment smart home systems to personal devices, has partnered with Alexa for Residential through Amazon. The partnership will provide voice access for the STRATIS IoT platform through Alex-enabled devices. As a result, participating residents will have voice control over more
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High-flying MCR Development, which launched the retro-styled TWA Hotel at John F. Kennedy Airport, has added another trophy to its lodging portfolio: The fabled Royalton Hotel at 44 W. 44th St., which it snatched for $44.8 million — a 15 percent discount from what it last fetched in 2017. MCR is the sixth-largest hotel owner
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Ready to feel old? “Almost Famous” turns twenty today! The beloved semi-autobiographical film helmed by writer/director Cameron Crowe (available for streaming here) debuted at the Toronto International Film Festival on September 8th, 2000. Yep, “it all happened” two decades ago! Besides serving as the first big break for a plethora of young actors, including Kate
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In a new report, Cushman & Wakefield indicates that office pricing should recover by late 2022. To get to this conclusion, Cushman & Wakefield presumed US office employment declines by 1.2 million jobs in 2020, Congress passes another fiscal relief bill, the Coronavirus situation begins to resolve by mid-2021 and the historical relationship between job
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More than ever, lenders and brokers are relying on hard data on the multifamily real estate market—from analytics to unusual metrics—to maximize returns and mitigate risk, wrote Tim Blackwell, president of Ballpark Impressions, in a blog for RealPage.  “Operators, developers and investors began watching data closely when the current cycle began skidding this spring,” he wrote. Blackwell
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DALLAS—More than 9,300 US retail store closures were announced in 2019 according to an analysis by Business Insider. The 2019 closures broke the previous record of roughly 8,000 store closures in 2017. And, at the beginning of 2020, Business Insider confirmed that retailers would close at least 5,100 stores. However, beneath the cloud of uncertainty
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Saturday stimulus package update ? Join our FREE Financial Freedom 90 Bootcamp. Totally Free. Download it here: ➜ https://morninginvest.com/Bootcamp —————– DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves
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A commercial real estate career can be rewarding and challenging—but it isn’t necessarily for everyone. We talked to experts to find out how college graduates and young people can decide if a career in this industry is right for them, and what it takes to build a successful career. Henry H. Alexander, III, a partner
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Matt Cardy | Getty Images News | Getty Images U.K. house prices saw their biggest growth since 2016 in August, climbing to a record high, according to Britain’s longest-running barometer of the property market.  The Halifax House Price Index, which is run by analysis company IHS Markit, found that U.K. house prices grew by 5.2%
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