Brian Iagnemma

There are two ways to reduce the emissions from concrete and steel, (1) use less of it and (2) reuse more of it! Prologis' latest building just debuted at 357 Wilson Avenue in Newark, and it was designed with two sustainability solutions that do exactly that. Sharing with you all, in honor of Earth Day. 1. We leveraged “Pozzotive” recycled glass technology in the foundation, which is produced from 100% post-consumer glass and can replace up to 50% of cement in concrete, reducing embodied CO2 emissions. 2. We created the office using a Falkbuilt modular system. This prefab is formed with recycled materials and pieces are accurately cut to specification off-site, a detail that makes a substantial difference. Usually, materials arrive larger than needed, but this approach cuts that excess (which is about 30% of the material), along with the emissions produced while moving it to site and disposal. The building also features sustainability solutions that we have been leveraging for a few years now (though they are still every bit as innovative), like CarbonCure technology and a 30-year roof with solar load capacity. All-in-all, a very innovative property that I am incredibly proud to have as part of our portfolio – it is available for lease too! Read more about our sustainability initiatives in this article from GreenBiz Group, and Happy #EarthDay! https://lnkd.in/gzB9SqWu

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If you’re working with BTRs, this article provides some high-level takeaways from RentCafe’s annual Build-to-Rent Construction Report: https://lnkd.in/eigrWY3a

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MBA Forecasts Significant CRE Lending Growth This Year https://lnkd.in/diRCxQ2z GSEs Will Implement New Multifamily Lease Standards in February 2025 https://lnkd.in/dtG6uCiH Real Estate Developer Files Application to Build Miami Apartments and Commercial Space https://lnkd.in/drDURm5c Calling All CRE Tech Experts https://lnkd.in/d6PCTs67 Older offices are the biggest concern for U.S. commercial real estate, says investor https://lnkd.in/dGjHqSwj

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Demand for #apartments has pushed absorption to one of its highest points in 24 years. In the first and second quarters of 2024 alone, 257,000 units were absorbed – "essentially in line with the all-time high set in the pandemic-era demand swell which saw about 270,000 units absorbed in the first half of 2021," according to a recent report from RealPage Market Analytics. Click here to read more from GlobeSt.com:  https://lnkd.in/gvXHxwUg

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A joint venture between Blue OwL Real Estate, Chirisa Investments and PowerHouse Data Centers has secured $600 million of construction financing to build a data center development in central Virginia. Newmark arranged the transaction with a global debt and structured finance team led by Jordan Roeschlaub (pictured), Jonathan Firestone, Nick Scribani, Benjamin Kroll and John Caraviello in collaboration with Brent Mayo, head of Newmark’s data center capital markets team. Read more: https://lnkd.in/gu6rhpn3 #RealEstate #CommercialRealEstate

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Freddie Mac's latest midyear outlook forecasts muted growth for the multifamily sector in 2024, with high supply and slow rent growth posing challenges. Despite a healthy economy, the vacancy rate is set to rise, and rent growth is expected to be just 2.7%. This tempered performance is a result of record-high new unit supply and economic volatility. However, long-term prospects remain strong due to housing shortages, high for-sale housing costs, and favorable demographics. Secondary and tertiary markets, particularly in the Sun Belt and southern plains, are likely to see more robust growth. https://lnkd.in/dUYcUevi Website: https://londonmoeder.com/ Facebook: https://lnkd.in/d7-qmPKb LinkedIn: https://lnkd.in/dsKSa7am TikTok: https://lnkd.in/dMJuxejJ Youtube: https://lnkd.in/d2rGGnCy #commercialrealestate #commercialproperty #CommercialLand #commerciallandforsale #warehousespace #officespace #flexspace #industrialspace #sandiegocommercialrealestate #sandiegorealestate #realestate #cre #realtor #realestateagent #realestateinvesting #property #commercial #commercialproperty #realestateinvestor #business #investment #propertymanagement #investmentproperty #residentialrealestate #forsale #retail #entrepreneur #construction #officespace #realestatebrokerage #housingshortage #housing #housingelements #housingmarket #housingcrisis #orangecountyrealestate #orangecounty #orangecountyhomes #latimes #lahousing #losangeleshousing #housingresearch

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Do modular homes appreciate the same as stick-built or traditionally constructed homes? We are often asked the question and our latest post explains...https://buff.ly/3xdfESo #ResidentialRealEstate #WestchesterRealEstate #ModularHome #RealEstateTrends #MortgageRates #RealEstatePredictions

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Exciting to see WSJ highlighting a story on modular multifamily housing. Greystar is innovative and strategic to be leveraging the construction type. Modular construction brings many efficiencies to the development process and should be transformative to the multifamily industry. The Broadway Company continues to focus on acquiring manufactured housing communities (MHC). Over 20 million Americans live in MHC’s and for the most part, this housing segment provides for high quality, livable and affordable housing solutions. As modular construction quality and pricing improves, this will create value for both MHC and multifamily owners and users alike.

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JUST CLOSED: $6,250,000 of preferred equity for the acquisition of a 193-unit $36,400,000 multifamily property located in North Carolina. This pref equity was done behind a FNMA execution. Another great execution done together with Marc Belsky ! We continue to be active in the pref equity space having recently completed over 50 preferred equity deals totaling over $550,000,000 of preferred equity dollars, representing $5.5 billion worth of transactions sourced from our 340 active preferred equity relationships. We can arrange pref equity behind floating rate bridge debt, fixed rate bank and agency debt, as well as behind EXISTING Fannie and Freddie loans being assumed as part of an acquisition or a recapitalization. We are also working on multiple “cash in” refi’s where the senior debt proceeds are coming up short. We focus on raising JV and preferred equity checks of $10 million to $50 million, and have recently completed over $1.4billion of equity raised encompassing $7,500,000,000 ($7.5 billion) of transactions covering the placement of equity across the country. Please reach out at 914-450-7823 or via email at [email protected] if we can assist you with JV or preferred equity for your real estate transactions. Thank you Marc Belsky Ltd, Real Estate Equity Brokers Keidra Gordon Giovanny Escobar Baruch Aryeh Mark Rosenzweig #valueadd #equity #realestatedeals #multifamilyrealestate #realestateinvesting #multifamilyinvesting #equity #realestateequity #privateequity #preferredequity #prefequity

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The government-sponsored enterprise is forecasting rent growth of just 2.7 percent, according to its new midyear outlook. It also projects the vacancy rate to jump six percent, equating to a rental income boost of just 2.5 percent. For context, rental income growth is 20 basis points lower than the average on record from 2000 to 2022, according to RealPage. Freddie refers to its projections as "muted" growth. While Freddie notes the economy is healthy overall, the high supply of new units, pegged at a 40-year-high, is not meeting the multifamily demand. A couple of other elements leading to volatility are high interest and cap rates.

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Thoughts on where the commercial real estate market is going in 2025

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The Industrial BOOM returns! After Subdued Second Quarter, Fundamentals and Leasing Activity Rebound to Positive Growth Richmond industrial leasing fundamentals recovered in the third quarter. Demand in the market reversed course from the slow second quarter posting 329,000 square feet of positive absorption. Leasing volume totaled approximately 1.85 million square feet spread across 27 transactions. Of that volume, 67% were new leases and 33% were renewals. 26% of the leases signed were over 100,000 square feet, and 41% of the executed transactions in the Northwest Quadrant. Leases at existing properties with medium and large blocks of space claimed the largest shares of leasing velocity over the quarter. New construction had several vacant large blocks get leased and have continued to see significant tenant activity as all block sizes of space remain extremely limited. Overall, availability remains extremely limited among existing product and sites for development. Richmond continues to be a prime market for developer investment despite a softer national market, and fundamentals will continue to be challenging for tenants in future quarters. For more #data and #insights on Richmond's industrial market, please view our Q3 2024 report below or contact myself, Wood Thornton, or any of our AMAZING industrial team members with questions! We're excited to help you! #colliers #colliersresearch #colliersvirginia

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Mixed-use development. The Swiss Army Knife or 401k of real estate development? Some thoughts on the topic (some from me) in the April 2024 issue of Shopping Center Business, courtesy of Nellie Day. #mixedusedevelopment #realestatedevelopment #shoppingcenterbusiness #commercialconstruction #projectmanagementadvisors #nellieday

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🔸 Seeking Qualified Investors For Exclusive Real Estate Opportunity 🔸 Join us for the Missing Middle Housing Fund (MMH Fund) Private Investor Roundtable Event on Tuesday, November 12th, from 5:30 p.m. until 8:00 p.m. in McLean, Virginia. This private event is tailored for qualified investors interested in diversifying their portfolios and real estate investments. EVENT HIGHLIGHTS: 1) Gain insight into MMH Funds diverse portfolio, specializing in sustainable housing solutions with strong growth potential. 2) Learn about our track record in responsible development and project specific investment options. 3) Network with like-minded investors over dinner and a focused presentation on the fund's objectives and projected returns. NOTE: Attendance is limited to qualified investors. * Net worth in excess of $1mm, excluding value of primary residence. * Income of $200K for individuals, $300K for couples. Location details provided upon confirmation. Minimum investment starts at $100K. This event is posted on Eventbrite. Copy and paste the link to your browser to be connected to the event. https://lnkd.in/eYxaTqAc Missing Middle Housing Fund is a subsidiary of Green Building Group. Learn more at https://www.mmhfund.com/ Reserve your spot today! #Eventbrite #realestateinvestment #MMHFund #InvestmentOpportunity #PropertyInvestment #InvestorNetwork #PassiveIncome #HighReturns

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