Radant is the data research editor for Crittenden Research. She has more than 20 years of experience in writing, editing, research and data analytics. She holds a degree in English from the University of Wisconsin—Stevens Point and resides in North Carolina.
Retailers are seeing strong mid-year performance, with steady or increased sales and foot traffic driving optimism. According to a survey by Levin Management Corp., 75% of retailers reported they met or exceeded 2024 sales figures. Despite this, retail sales slowed in June, which could suggest consumer caution amid economic uncertainty. More
Roscoe Village Riverfront, an 80,000-s.f. parcel with 300 feet of Chicago River frontage, has been sold to Zev Salomon of ZSD Corp for $5.95M. The buyer plans to develop a 35-unit residential community on the site called RiverWard Row Homes. Property: Roscoe Village Riverfront parcel in Chicago Price: $5.95M Buyer: ZSD Corp The site, located at 2221 More
The Nature Nurture Foundation (NNF) sold the Grand Eastonian Hotel & Suites to CanalHouse Hospitality Enterprises LLC for $5.6M. Located in downtown Easton, the historic hotel has played a significant role in the city’s revitalization. More
Midas Clemson LLC sold the Courtyard by Marriott Clemson to Pappas Hotels for $15.65M. Located at 201 Canoy Lane in Clemson, S.C., the 110-room hotel is the only upscale, franchised hotel in the Clemson University area, which is 1.4 miles away. More
The pandemic reshaped the multifamily real estate landscape, resulting in a rollercoaster of trends in rent prices, vacancies and construction activity. After years of disruption, the market is showing signs of stabilization as new construction slows and renter demand strengthens. But to fully understand the current market, let’s take a look back. More
The pandemic led to a decline in the need for office space as companies adopted remote and hybrid work models. Even as cities such as Los Angeles and San Francisco implement return-to-office initiatives to revive downtown economies, office vacancies remain high while leasing and sales activity lag. But it’s not all doom and gloom for building owners.
More
The RH Johnson Company sold Westgate Shopping Center in Fairview Park, Ohio, to Phillips Edison & Company for $51.5M. The 311,440‑s.f. open-air center is 97.2% occupied, featuring Target, Lowe’s, Kohl’s, Marshalls and Petco as anchor stores. More
As traditional banks have tightened their lending practices, securing commercial real estate financing has become increasingly difficult in recent years. This has pushed owners and developers to seek alternative capital sources to supplement their capital stacks. Enter C-PACE, a state-enabled lending program that allows owners and developers to finance low-cost, long-term, energy-efficient upgrades such as solar panels and HVAC systems through private capital providers by adding the repayment to the property’s tax bill. More
Ledo Capital Group sold a newly constructed, single-tenant 7‑Eleven to SB E Street LLC, a private investor in San Diego. Built in 2023, the 5,596‑s.f. convenience store sits on a 1.15‑acre lot and includes a Laredo Taco Company and 12 fuel pumps. The sale included a 15‑year, triple‑net absolute lease with 14 years remaining, including More
We asked leaders in the real estate industry to give us their predictions for the C-PACE market. Here is what they had to say. More
KM2 Development, Inc. sold Kiley Ranch Marketplace, a 46.71-acre parcel, located at the southwest corner of Wingfield Hills Road and Pyramid Highway in Sparks, to Barclay Group. The site is slated for a 400,000-s.f. retail power center, the first in Sparks in two decades. More
Urban Edge Properties sold a fully entitled development parcel, located next to Bergen Town Center on Forest Avenue in Paramus, to Russo Development and The KRE Group, as a joint venture. The two-phase development plan includes a 426-unit multifamily complex. More
Miami, Florida
November 7-8, 2023
Crittenden Report 12-Month subscribers attend for free!
