Tag Archive for Philadelphia

Sacred Ground

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As U.S. cities resume population growth and development interest increases across asset types, city officials and aspiring developers must address questions of space. After all, it’s all well and good to recognize that a market needs more residential options, or…

Commercial Real Estate Week in Review

cre philadelphia

Week in Review for May 9-15: TPG [via DTZ Group] Acquires Cushman & Wakefield: the deal is valued at $2.04 billion. Inside New York’s Newest Architectural Masterpiece for the Mega-Rich: Designed by architect Jean Nouvel, the condo skyscraper at 53 w…

Commercial Real Estate Week in Review

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Week in Review for April 25-May 1: New York Real Estate May Be in a New Bubble: Analysts warn of unsustainable price escalation in CRE hot spot Manhattan, reports this video from Bloomberg Business. TIAA-CREF Buys Hawaii Mall Stake for $454…

The Mensch & Schlemiel of the Week

alfred

Mensch: Noun. A decent, upright, mature and responsible person. Schlemiel:  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail. A loser. Mensch of the Week: A. Alfred Taubman, Shopping Mall Developer and Philanthropist (1924-2015) Our Mensch…

Higher Taxes? OK!

philly

From an economic standpoint, some cities grow extremely quickly. Some do not. Philadelphia, for all its strengths and opportunities, is unfortunately in the latter category. True, Philadelphia is the fifth-largest market by population in the U.S. and host to a…

Executive Interview: Ben Miller, Fundrise

ben miller fundrise

Executive Interview: Benjamin Miller, Co-Founder & CEO Fundrise Ben is Co-Founder and CEO of Fundrise. Ben’s responsibilities involve strategic partnerships, deal underwriting, real estate development, PR as well as setting the long-term strategy and goals for the company. Ben has…

Bart’s Big Bet

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It was announced last fall that Philadelphia developer Bart Blatstein and his longtime associate, architect Paul Steelman, planned to take on the seemingly impossible: to invest and develop in one of the most daunting entertainment real estate markets in the country: Atlantic…