by Kipp Gillian | Apr 17, 2024 | Multifamily
JBG SMITH announced today that its Impact Pool, an affordable housing investment platform, has surpassed its goal by creating and preserving over 3,000 units of quality workforce housing across the Washington region since 2020. Spearheaded by AJ Jackson, EVP of Social...
by Kipp Gillian | Apr 17, 2024 | Office
Fort Worth’s Burnett Plaza tower could face foreclosure after its lender, Pinnacle Bank, filed to foreclose. The current owner, Opal Holdings, has defaulted on a $13 million loan. An affiliate of Opal Holdings purchased the building in 2021 for $137 million. The...
by Kipp Gillian | Apr 17, 2024 | Office
It’s a relatively new office concept…work clubs. Switchyards is an idea that came out of the effect Covid had on office use. Switchyards operates a chain of neighborhood work clubs. The clubs are open 24 hours a day, offering unlimited coffee and tea. They...
by Kipp Gillian | Apr 17, 2024 | Hotel
A website promoting FutureVerse says visitors will be transported into immersive exhibits connected to the next generation of VR, AI, and Augmented Reality. The team behind the proposed $100 million museum has scouted sites near downtown’s mix of entertainment...
by Kipp Gillian | Apr 17, 2024 | Industrial
Elion Partners sold the Boynton Logistics Center for $36.5 million. Venture One Real Estate bought the nearly 200,000-square-foot industrial park. The “last-mile” business park is made of three buildings. The property last sold in 2020 for $25.85 million....