Eric McGlynn

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  • Strong Fundamentals Fuel Heavy Development in DC

    Young professionals, drawn by the metro’s well-paying jobs, are pushing up demand for upscale communities in transit-oriented and live-work-play areas. However, a robust construction pipeline—the third largest in the country—is maintaining a modest rent increase, raising concerns of overbuilding.

    27 September 2017 13:24
  • IRET Acquires $62M Minneapolis Community

    The company acquired a Minneapolis community, located in one of St. Paul’s most vibrant neighborhoods. The property was 45 percent pre-leased as of April.

    29 May 2017 13:14
  • Investment

    The industrial sector had the smallest price per square foot, at $81,000, but increased by 4 percent over the first quarter of 2016.

    22 May 2017 17:32
  • Greysteel Brokers Sale of DC Regenesis Portfolio

    The five affordable properties include 482 units. President & CEO Ari Firoozabadi, Managing Director Kyle Tangney and Senior Investment Associate Alicia Orkisz arranged the transaction.

    30 August 2017 09:46
  • $120M Senior Housing Opens in LA

    C.W. Driver developed Fountainview at Gonda West, a 460,000-square-foot development in Playa Vista that will serve more than 250 seniors with a full range of active living, healthcare and in-home services.

    05 September 2017 16:35
  • Knoll Textiles Celebrates 70 Years with New Collection

    The new set of products harks back to historical designs, applying 1940s designs to upholstery, drapery and wallcoverings. The company plans to add to the collection throughout 2017.

    27 July 2017 17:39
  • Economy Watch: Washington State Has Healthiest Economy

    A recent WalletHub report ranked the 50 states based on economic health, which affects commercial property growth. Washington state took the top spot, followed by California, Utah and Massachusetts.

    12 June 2017 13:52
  • Attacking the Hack: How to Keep Resident Data Safe

    Cybersecurity breaches are an ever-growing concern, as almost every month seems to bring news of a major incident. In the multifamily industry, the issue came to the forefront three years ago when Essex Property Trust announced a major intrusion.

    11 September 2017 13:12
  • Wendy Forsythe to Join HomeSmart as COO

    The real estate veteran used to serve as president of the brokerage division of T3 Sixty, one of the largest management consulting companies in the residential real estate industry.

    05 September 2017 14:03
  • CDP Opens Affordable Senior Community in SF Bay Area

    The Huntington is a 114-unit property in Morgan Hill, restricted to residents earning 50 to 60 percent of the area median income. KTGY Architecture + Planning designed the project.

    10 October 2017 16:02