By Promoting Diversity, Companies Can Enjoy Big Benefits

Posted on Jun 17, 2021 in News & Events
By Promoting Diversity, Companies Can Enjoy Big Benefits

For many companies around the world, diversity and inclusion is becoming a top priority. Just look at PwC’s recent multi-year, global, cross-industry survey on diversity. Seventy-six percent of respondents indicated that diversity and inclusion are organizational values or priorities. But having a diverse workplace and executive team isn’t just the right thing to do. It […]

CRE Making Strides Toward Diversity

Posted on Jun 16, 2021 in News & Events
CRE Making Strides Toward Diversity

Long gone are the days when deals were getting done on napkins at country clubs, but in decades past commercial real estate could fairly be described as an “old boys’ network.” Even as attitudes about women and minorities have become more benevolent and hiring practices have evolved, anyone who has attended industry events knows that […]

One Question with Zoe Hughes

Posted on Jun 16, 2021 in HomePage, News & Events
One Question with Zoe Hughes

Zoe Hughes is the CEO of NAREIM, the industry association dedicated to the business and organizational strategy of real estate investment managers. Founded nearly 30 years ago, NAREIM addresses the operations and strategic leadership of commercial real estate investment management companies. NAREIM’s members, with combined assets under management of more than $1 trillion, are among […]

Apartment Transaction Market Grows Frenzied

Posted on Jun 16, 2021 in HomePage, News & Events
Apartment Transaction Market Grows Frenzied

While many commercial sectors struggled through the pandemic, apartments, specifically those in the suburbs, held up relatively well. Now that a recovery seems to be underway, the urban apartment market is picking up steam. JLL reports that apartment asking rents increased 1.1% month-over-month in April, their strongest growth since the pandemic began. As rents rise, […]

Why CSR Matters

Posted on Jun 16, 2021 in News & Events
Why CSR Matters

Corporate social responsibility (CSR) is not a new concept. Since at least the 1960s, corporations have considered things other than the pure bottom line when making decisions. But in the past few decades, CSR has picked up steam. Over the years, phrases like “The Triple Bottom Line” (social, environmental and financial motivations) have become part […]

CGI+ Sells Luxury Multifamily Community in Orlando, FL for $74.5 Million

Posted on Jun 15, 2021 in HomePage, News & Events
CGI+ Sells Luxury Multifamily Community in Orlando, FL for $74.5 Million

CGI+ Real Estate Investment Strategies (“CGI+”) has sold Astoria at Celebration, a 306-unit luxury multifamily community in Celebration, FL to Versity Investments for $74.5 Million. Originally completed in 2016, the property, which was then known as Sola at Celebration, suffered from construction defects and was vacated in 2017. CGI+ acquired the vacant community in 2019 […]

CGI+, Megdal Investments to Develop 31,000 SF Lazy Acres Market in Los Angeles

Posted on May 20, 2021 in News & Events
CGI+, Megdal Investments to Develop 31,000 SF Lazy Acres Market in Los Angeles

REBusiness Online announced the news regarding CGI+ Real Estate Investment Strategies’, in partnership with Megdal Investments, acquisition of the third and final piece of a 1.7-acre land assembly at the southwest corner of Franklin and Western avenues in Los Angeles’ Los Feliz neighborhood. CGI+ has started renovations and redevelopment, which include reducing the building to […]

Multifamily Rents Shoot Up, Recovery in Progress

Posted on May 17, 2021 in HomePage, News & Events
Multifamily Rents Shoot Up, Recovery in Progress

Paul Fiorilla, Research Director, Yardi Matrix Multifamily rents came roaring back this spring, and while it’s too soon to say everything is normal again, a strong rebound appears to be on the way. U.S. multifamily rents increased by $10 to $1,417 in April, the largest one-month increase in six years, according to Yardi Matrix. After […]

Expect a Post-Pandemic Boom

Posted on May 17, 2021 in HomePage, News & Events
Expect a Post-Pandemic Boom

While April’s job gains of 266,000 as reported by the Labor Department were below expectations, there is still potential for a strong economic recovery this year. The big driver behind the recovery should be pent-up demand. In a late February report, financial services firm Morningstar said many consumers were eager to spend, but their options […]

Discussion with: Forrest Richardson

Posted on May 13, 2021 in HomePage, News & Events
Discussion with: Forrest Richardson

Forrest Richardson is a noted golf course architect and author of five books on golf course architecture. He recently spoke to CGI+ on the importance of vision in the design of a project. Whether it’s designing a golf course, commercial project, or multifamily development, the most important element is vision and understanding the x-, y- […]