Finance Midwest
Multifamily continues to fuel the commercial finance business.

Berkadia's Callaghan: Workforce apartment units still scarce

Like all commercial financing professionals today, Colin Callaghan, senior managing director with the Southfield, Michigan, office of Berkadia, is keeping a close watch on the multifamily market. That’s because the requests for financing from developers and investors eager to play in this sector are still coming at a rapid clip. But there’s a trend with all those requests for multifamily construction financing: Developers are hoping to build luxury apartments, not those catering to renters with more modest incomes.

CRE Midwest
Hall of Fame profile: JLL's Jake Sturman

Hall of Fame profile: JLL's Jake Sturman

Each year, Midwest Real Estate News runs its Midwest Commercial Real Estate Hall of Fame edition, highlighting the careers of the top CRE pros in the industry. This year, we are also running these profiles online. Today, we look at the thriving career of Jake Sturman, managing director with the Indianapolis office of JLL.

CRE Midwest
CBRE launches web-based office planning tool, Spacer

CBRE launches web-based office planning tool, Spacer

CBRE Group, Inc. recently launched Spacer, a free workplace planning product to help companies apply best-in-class workplace trends to their office layout. Targeting companies with 15-300 employees that may have never enlisted the help of a workplace consultant, the technology offers a user-friendly interface and a gamified experience.