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Apartment Giant AvalonBay Makes It Official, Appoints Schall as CEO City Takes Next Step In Redevelopment of Northern Virginia Mall Into $2 Billion Mixed-Use Site Former Fox Studios Building in Friendship Heights To Be Remade Into Apartments Condor Hospitality Completes $305 Million Sale of Its Entire Portfolio Monday Remains Bullish on Northern Virginia Office Market With Pair of Big Acquisitions Giant to Open New Virginia Distribution Hub As It Rolls Out Additional Stores BGP Acquires Springfield Corporate Center in Springfield, Virginia MORE NEWS Starwood Capital Reportedly Seeks to Boost Single-Family Rental Holdings With $1 Billion Acquisition Greater Phoenix Apartment Complex Sells for More Than Triple Its Acquisition Price Amazon Executive Who Oversaw Physical Stores Expansion Departs Cracker Barrel Goes to Hollywood To Deliver Southern Homestyle Cooking From a Ghost Kitchen US News SEARCH MARKET NEWS >> Holiday Shopping Season Could Set Records With Forecasts of Pent-Up Demand BY LINDA MOSS AND ANDRIA CHENG The National Retail Federation predicts sales during November and December will increase 8.5% to 10.5% over the same time last year. Improving Hotel CMBS Trends Point to an Industry in Recovery Taking the performance over the past 12 months as a guide, it is not unreasonable to assume the CMBS delinquency rate will decline further, though returning to delinquency rates under 2% is probably still quite a few quarters off. Investor Nabs Former J.C. Penney Campus, Plans More Texas Office Deals Capital Commercial is looking for high-quality locations and buildings that lend themselves to a complete update. DID YOU HEAR? Apartment Giant AvalonBay Makes It Official, Appoints Schall as CEO Today's daily look at the movers and shakers in commercial real estate also includes new hires at Highline Real Estate Capital on the East Coast and CBRE on the West Coast. SEARCH TOP NEWS >> FEATURED COSTAR INSIGHT ANALYTICS Pace of Multifamily Rent Growth Slows in Dallas-Fort Worth Seasonal Trend Points to Market Working To Stabilize From Record Performance VIDEO ANALYTICS What Amazon’s Land Buying Binge Means for the US Industrial Market While Still Preferring To Lease Distribution Space, E-Commerce Giant Has Become Increasingly Active Buying Sites in Underbuilt Areas VIDEO HOSPITALITY How the US Hotel Recovery Appears Different Than Past Cycles Pre-Inflation, US Hotel Rates Are Keeping Pace With Demand INTERNATIONAL NEWS SPAIN New Developments Bring New Opportunities in Madrid’s Office Market CoStar's Senior Analyst in Madrid Spotlights the Projects to Watch in Spanish Capital UNITED STATES China-Based Developer Blames Los Angeles Project for $1 Billion Loss China Oceanwide Says Losses May 'Increase Significantly' Through End of 2021 UNITED STATES Japan-Based Discount Retailer Daiso Eyes Las Vegas for U.S. Location Growth At Least Three Stores Coming to Region as Dollar Store Chain Looks To Expand CATEGORIES OFFICE Atlanta-Based REIT Sells Birmingham Office Building for $55 Million Biotech Company To Develop Multimillion-Dollar Facility at Former Bristol Myers Campus Former Torpedo Factory in New York Gets Redeveloped as 'Workplace Retreat' RETAIL Japan-Based Discount Retailer Daiso Eyes Las Vegas for U.S. Location Growth Cracker Barrel Goes to Hollywood To Deliver Southern Homestyle Cooking From a Ghost Kitchen Holiday Shopping Season Could Set Records With Forecasts of Pent-Up Demand MULTIFAMILY Starwood Capital Reportedly Seeks to Boost Single-Family Rental Holdings With $1 Billion Acquisition Greater Phoenix Apartment Complex Sells for More Than Triple Its Acquisition Price REIT Sells Two Older Apartment Properties as Part of Capital Recycling INDUSTRIAL Logistics Development Extends Deeper Into California’s Agriculture-Based Central Valley Manufacturing Company Nicor Leases Space at New Industrial Park in Buford, Georgia The Blackstone Group Signs AT&T Billing Southeast to Renewal in Alpharetta PEOPLE Amazon Executive Who Oversaw Physical Stores Expansion Departs Cushman & Wakefield Grows Healthcare Team in Southern California Apartment Giant AvalonBay Makes It Official, Appoints Schall as CEO FINANCE Commercial Real Estate Lending Climbs Above Pre-Pandemic Levels Longpoint Realty Partners Raises $700 Million for Second Fund Distress in CMBS Property Loans Improves, but Stubbornly ANALYTICS Office-Using Jobs Lead Tampa’s Economic Recovery Will the Supply-Chain Disruption Dash Holiday Shoppers' Cheer? Baltimore Industrial Rents Rise to New Heights DEVELOPMENT China-Based Developer Blames Los Angeles Project for $1 Billion Loss Plans To Bring Major League Baseball Back to Montreal Inch Closer to Reality City Takes Next Step In Redevelopment of Northern Virginia Mall Into $2 Billion Mixed-Use Site HOSPITALITY 5 Things To Know for Nov. 24 Hotels in Asia Pacific Region See Signs of Recovery Reykjavik's Downtown Reinvention Raises Standards for Hotel Quality, Variety HEALTHCARE Medical Device Maker Preleases Big Chunk of Space at San Diego Biotech Campus Biotech Real Estate Rides High on Demand, Though Logistics Challenges Loom Providence St. Joseph Hospital Starts New Medical Building in California's Orange County SPECIALTY Pro High School Basketball League Tips Off New Arena in Midtown Atlanta NBCUniversal To Expand Production Space at Iconic LA Filming Lot as Demand Grows for TV, Movies Historic Kean’s Marina on Detroit’s Riverfront Trades in $8.8 Million Deal LEGAL/LEGISLATION Newsom Signs California Legislation Raising Accountability for Agencies Getting Funds for Homelessness California's Historic Law Curbing Single-Family Zoning Signals More Housing Efforts To Come San Diego County Considers Allowing Home Kitchens To Function as Small Businesses Get In Touch sales@costar.com 800-613-1303 Request a Demo Company About CoStar CoStarGroup.com Careers Press Room Privacy Notice CA: Do Not Sell My Personal Info Terms of Use Help Fight Data Theft FAQs Contact Us Products CoStar CoStar Comps CoStar Tenant CoStar Public Record CoStar Market Analytics CoStar Lease Analysis CoStar Mobile CoStar Investment Analysis CoStar Real Estate Manager CoStar Lease Accounting CoStar Private Sale Network CoStar Advisory Services CoStar Brokerage Applications CoStar Risk Analytics Social © 2021 CoStar Group