Atlanta boutique brokerage Southsource acquired by fast-growing commercial real estate firm
The move is a signal of enduring interest in the office sector, even as some real estate investment firms begin to peel back their exposure as demand remains uncertain.
Parkland Communities expands into homebuilding business
The Alpharetta-based development firm will soon start building its own homes, an effort to streamline operations as it breaks ground on about 1,000 lots this year.
Remote work driving ‘office real estate apocalypse’ as buildings sit empty
New research indicates that the Covid-19 pandemic and the rush of remote work that followed has erased more than $500 billion in commercial real estate value nationwide.
Build-to-rent boom still happening but demand has cooled from pandemic peaks
America’s build-to-rent business, which boomed during the Covid-19 pandemic, continues to have momentum, although demand and production of new units have tapered off since peaks of recent years.
Five things to know this week: Electric vehicles’ environmental problem
Nickel mining, walking dead mortgages and everything else you need to know to start the week.
14,000-acre Georgia wildlife area poised for development after failed deal
The landowner is now considering about 20 offers from private developers interested in building new homes, industrial facilities and other uses on the site.
Toll Brothers nears construction on North Forsyth town center
The homebuilder is working with several firms to create a new town center in Forsyth, an affluent and fast-growing county experiencing a surge in mixed-use proposals.
FDA to begin construction near Tyler Perry Studios, despite objection
The U.S. Food and Drug Administration (FDA) is moving forward with plans to relocate its Atlanta operations to Fort McPherson, a project that media mogul Tyler Perry has publicly opposed.
Wells Fargo CEO Charlie Scharf says things are bad in CRE lending, and likely to get worse
Wells Fargo is preparing for darker days ahead as it works with commercial real estate borrowers trying to refinance loans amid higher interest rates and plunging property values.
To avoid foreclosure, Alpharetta office building is trading hands
The potential sale has ties to several ongoing trends impacting the national office market at large, including sluggish leasing activity in obsolete suburban office buildings and the mid-March bank failures.