Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
The return to the office accelerated in April. Over the month, office occupancy rose from 24% to 26.5%, according to the Back to Work Barometer from Kastle Systems. By comparison, occupancy was 22.9% in mid-January. In the survey, Kastle, a managed security system...
Multi-Housing News recently announced the $41.5 million loan for our 122-unit Mariposa on 3rd in Los Angeles. The floating-rate financing has an initial three-year term and the possibility to extend the maturity date with two more years. To read more about the...
We are thrilled to present the beautiful transformation of Mariposa on 3rd's façade into a living work of art, advertising and retail in collaboration with StandardVision. "3rd Street Crossing represents the ways in which technology platforms can enhance our...
L'Officiel recently unveiled their new stunning cover featuring Oscar nominated Andra Day. The nine shot feature and cover, includes stunning photographs taken throughout Villa Carlotta, by Alexi Lubomirski. To see the stunning images and read the beautiful story,...
Multi-Housing News recently worked on a piece regarding President Biden's wide-ranging proposals and their potential impact on the industry. The piece included commentary from Andre Soroudi, Director of Acquisitions/Development of CGI+. Regarding Biden’s earlier...
Globe St. released their list of Best Bosses for 2021. Included in the list is CGI+ Founder and CEO, Gidi Cohen. They said, "Gidi Cohen has built a reputation as an innovator in residential development. Responding to millennial demand, he creates luxury, fully...
How have renter preferences changed since the start of the pandemic and what type of amenities should landlords provide to attract and retain tenants? Jeff Adler, Yardi matrix The biggest changes in renter preferences since the pandemic hit revolve around the dramatic...
As investors look harder for yield, they’re getting more aggressive. A record number 30 percent of commercial real estate investors are seeking opportunistic and distressed assets in 2021, according to CBRE’s Americas Investor Intentions Survey 2021. In 2020, only 16%...
by Paul Fiorilla, Yardi matrix First-quarter U.S. multifamily rent growth was surprisingly robust, with a sudden resurgence in luxury properties and in high-cost coastal markets, a sign that demand is on the rebound. The strong early-year performance comes amid...
Globe St. recently released their list of Best Places to Work for 2021, and we are honored to be included. They said, "Founder of the development and investment management company, CGI Real Estate Investment Strategies, Gidi Cohen cultivates the entrepreneurial spirit...