Zachry Group

HousingWire | February 14, 2020

Seattle has an affordable housing problem, one that both local leaders and the tech companies that call Seattle home are trying to address. Now, the city’s leadership and one of city’s biggest real estate tech companies are partnering up to try to get more people into affordable housing. Seattle Mayor Jenny Durkan and King County Executive Dow Constantine this week announced a partnership with Zillow. As part of the partnership, Zillow developed and is powering a search tool that wil...

Pensions & Investments | March 17, 2020

Industrial properties have been a top-performing real estate sector but, though still early, COVID-19 could cut into returns, according to a recent presentation to CalSTRS officials. Warehouses in the U.S. earned 13.4% in 2019, the only sector to produce double-digit returns in the NCREIF Property index, according to data from the NCREIF data. The second highest-performing sector of NCREIF Property index was office with 6.6%. While hotels have been the hard hit by the coronavirus, the industry r...

Advanced Flower Capital | August 18, 2020

AFC Gamma Inc., a commercial-mortgage real-estate investment trust ("REIT"), announced today that it has completed a first close of its $200 million investment vehicle, having raised approximately $80 million of equity from over 20 large family offices. Additionally, AFC Gamma has a credit line of up to $40 million, providing the REIT with approximately $120 million of capacity to lend to cannabis operators. With companies in the industry continuing to face challenges accessing c...

REAL ESTATE TECHNOLOGY

Cherre | May 13, 2021

Cherre, the industry's leading real estate data analytics platform, has launched CoreExplore, a new front-end application that allows customers to explore their connected data. CoreExplore, built as an application layer for Cherre's CoreConnect data platform, debuts with improved property searches, new filters enabled by Connection partner data, portfolio pages, and embedded asset management dashboards. • Customers can perform property research to find off-market opti...