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C&W Looks to Make Up for $71M in Losses From Ailing Office Market

Cushman & Wakefield is scouring its operation for savings after a rough six months, having identified where it can sock away $130 million by the end of the year as it faces revenue losses thanks to the country’s struggling leasing and capital markets sectors. C&W saw an overall revenue decrease of 6 percent year-over-year after pulling in $4.7 billion in the first half of 2023, and its net losses amounted to around $71.3 million, company officials announced during C&W&#x20...
United States Michelle Mackay Eric Le Goff Neil Johnston Doug Harmon Cushman Wakefield
Source: yahoo.com

FCP Expands Florida Portfolio with Acquisition of 220-Unit Avana Cypress Creek Apartment Community in North Lauderdale Market

FORT LAUDERDALE, FL - FCP announced the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, FL. The 220-unit, Class A community was built in 2009 and consists of predominantly two- and three-bedroom units with the majority of the units having direct access garages. FCP will assume an existing Fannie Mae loan.
United States Cypress Creek North Lauderdale Broward County Zachary Sackley Bruce Gago

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