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TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
 
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  CRE Industry News, Top Stories


How Work-from-Home Has Changed Multifamily Renter Preferences

Wealth Management Real Estate: Amenities like reliable high-speed Internet, more space, and soundproofing have become more important to apartment tenants.


Hotel Sales Surged To Pre-Pandemic Levels Last Year, Reflecting Investor Confidence

Bisnow: As leisure travel made a comeback last year, deals for hotels worth $25M or more reached levels not seen since 2018.


Return-to-Office Plans Stall Again

Commercial Property Executive: Companies are reevaluating plans amid omicron-related uncertainty, the latest CommercialEdge office report suggests.
 

  TCN News, Deal Announcements & Member Highlights


Serving Upstate New York, Trinity Realty Group Joins TCN Worldwide as Its Newest Member Firm

TCN Update: TCN Worldwide is proud to announce Trinity Realty Group, LLC. (TRG) as the newest member to be selected to join our organization. Located in Albany, TRG is one of the markets leading full-service commercial real estate companies serving the commercial real estate needs of Upstate New York, including the Capital Region, Hudson Valley, and Central/Western NY.


Landmark Commercial Realty/TCN Worldwide in Harrisburg Brokered the Sale of Danville’s Buttonwood Apartment Complex for $10.25 Million

Member Deal Announcement: The Howard at Danville, LLC recently purchased the Buttonwood Rentals, LLC apartment complex containing 72 two-bedroom, one-bathroom units located at 12 Co-op Court, Danville for $10.25 million. Michael Rohm, CCIM, MAI - Senior Associate at Landmark Commercial Realty/TCN Worldwide represented the seller and Sean Fitzsimmons, Director of Sales and Leasing at Landmark Commercial Realty/TCN Worldwide negotiated the transaction on behalf of the buyer.


Unique Properties/TCN Worldwide in Denver Completed The Sale of a Rare Class A Single-Tenant Industrial Investment Asset in Centennial, CO; 9767 East Easter Avenue Sold for $5,000,000 – 5% Cap Rate

Member Deal Announcement: Unique Properties/TCN Worldwide is proud to announce the Sale of 9767 East Easter Avenue, Centennial, CO by Brett MacDougall and Michael DeSantis, Senior Broker Associates, with Unique Properties, Inc./TCN Worldwide, who represented the Buyer in this transaction. The property sold for $5,000,000 or $251/SF. The income of the property supported a 5% Cap Rate at the closing price.

 

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