Rich Murphy

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  • Economy Watch: The Least Expensive Apartment Markets

    When comparing rent to income, the Southeast and Southwest regions of the U.S. tend to house the most affordable U.S. apartment markets, according to a new CBRE Research report.

    11 August 2017 12:45
  • Vista Investment Enters Portland Market

    The company purchased the 171,828-square-foot Nimbus Oaks flex/business park, located in Beaverton, Ore., a growing submarket of Portland.

    15 September 2017 13:47
  • Positive Momentum in Atlanta

    A rapidly rising population is adding to the city’s congestion issues, but also fostering demand for apartments and pushing rents higher. Rents were up 2.9 percent to $1,108 as of May, and Yardi Matrix forecasts a 3.5 percent increase in 2017.

    02 August 2017 06:45
  • Missner Invests in Ill.-Based Corporate Grove Business Park

    The company acquired a fully leased 121,000-square-foot industrial facility in Buffalo Grove, Ill., and plans to use it as investment property.

    19 June 2017 21:34
  • Park Hotels to Relocate HQ

    The company will take up 31,000 square feet of office space in the first LEED Platinum-certified building in Tysons, Va., located just down the street from their current location.

    07 August 2017 15:59
  • Park Madison Partners Welcomes Veteran

    Amy Cummings has been tapped as the firm’s newest partner, bringing more than three decades of expertise in acquisitions, asset management, portfolio management and investor relations.

    15 May 2017 14:34
  • CBRE to Lease INQ@2401 in Charlotte

    The joint venture ownership selected CBRE’s Joe Franco and Stephanie Spivey to lead marketing efforts at the redeveloped office property.

    13 June 2017 14:15
  • Sacramento-Area Walmart Central Trades for $40M

    Nazareth Enterprises Inc. surpassed the $100 million mark in acquisitions in the third quarter with the purchase of the 139,277-square-foot asset in Folsom, Calif.

    23 August 2017 17:33
  • Economy Watch: Fed Likely to Keep Raising Rates, Reduce MBS Holdings

    Though not definite, the Federal Open Market Committee's latest meeting notes hint that the Fed is sticking with its plans to make borrowing more expensive, while reducing the size of its $4.5 trillion balance sheet later this year.

    06 April 2017 13:42
  • GNL Appoints New CEO

    Independent Director James Nelson will be replacing the current CEO Scott Bowman in August of this year. Nelson was elected as a member of GNL's board in March of 2017 and serves on the nominating, governance and audit committees.

    18 July 2017 12:23