According to The International Council of Shopping Centers (ICSC) Foundation, Kieran Quinn, vice chairman of Walker and Dunlop in Atlanta, Ga. has been named chairman of the ICSC Foundation succeeding Michael Foley, principal officer of L. Michael Foley & Associates, who will remain as a member of the foundation's board of directors.
Additionally, Peter Eisenberg, principal at Clark Street Development, Chicago, Ill.; Eduardo Bross, chairman of Planigrupo, Mexico City, Mexico; Mary Lou Fiala, co-chairman of LOFT Unlimited, Jacksonville, Fla.; and John Hart, chairman of Hart Advisors Group, Addison, Tex. have been elected to the foundation's board of directors.
An active member of ICSC since 1992, Quinn currently serves as trustee and secretary-treasurer of ICSC and has served as a director with the ICSC Foundation since 2002. In addition to an extensive career in retail real estate he is active in community efforts, currently serving on the finance council of the Archdiocese of Atlanta and as a trustee of Regis High School in New York City. Quinn is a native of New York City.
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.
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.
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.