NREI spoke to Nick Plasencia, managing director at The Plasencia Group, a commercial real estate advisory firm that focuses on hotels and resorts, about what investors can expect when examining lodging investment opportunities in the current market, how to bid competitively and what owning a hotel asset in this environment ultimately entails.
Hillsborough County is seeking a master developer with the vision and experience for a historical opportunity to adaptively re-use approximately 74 acres of County-owned property in Tampa, Florida. Proposals requested from qualified developers with the technical and financial capacity to deliver this catalyst project. Learn how you can be part of this unique reimagining at HCFLGov.net/ReDevOpp
Rather than pushing for as much leverage as possible from a bank, a well-developed syndicate will turn to its network of potential investors to organically raise the equity capital it needs.
Boston Common plans to approach lenders and owners of REITs about continued forbearance and their preparedness to renegotiate, lengthen or forgive loans.
NMHC found that 79.3 percent of apartment households made a full or partial rent payment by August 6 in its survey of 11.4 million units of professionally managed apartment units across the country. The CDC recently ordered some offices in the Atlanta area closed after property managers discovered the bacteria that causes Legionnaire’s disease in water sources at the properties, reports The New York Times. Bisnow takes a look at the challenges the commercial real estate industry faces in recruiting diverse talent to industry. These are among today’s must reads from around the commercial real estate world.
