News: Brokerage

John Bessey 2009

Name: John Bessey Title: Vice President, Acquisitions & Dispositions Company: Phillips Edison Company Location: 11501 Northlake Dr., Cincinnati, OH 45249 Birthplace: Milwaukee, Wis. Family: Married, two boys College: University of Wisconsin - Stout First job outside of real estate: Sales manager, Hyatt Hotels First job in real estate or allied field: Leasing agent for Tipton Associates What do you do now and what are you planning for the future: Vice president of acquisitions and dispositions for Phillips Edison Co. Plan on acquiring between 20-25 centers nationally over the next 12 months in large growth markets focusing on grocery anchored shopping centers. Hobbies: Water and snow skiing, golf Favorite book: "Mastering the Rockefeller Habits" Favorite movie: "Animal House" Keys to success: Consistent effort over extended period of time consistently. If you had to choose a different profession, what would it be? Serial job hopper
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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.