Foreign Investors Start Exploring Secondary and Tertiary Markets
After several decades of focusing almost exclusively on gateway markets, cross-border investors looking for assets in the U.S. are now eager to expand their horizons—literally. They are searching for investment opportunities in markets they wouldn’t have touched as recently as five years ago. “For a long time, the top-tier foreign…
The Right Place At The Right Time
About five years after he first debuted his Dancing Gnome Brewery out of a Main Street bar space in Sharpsburg, owner Andrew Witchey is getting ready to open a new production brewery with a 40-barrel system, also in Sharpsburg. “We never would’ve been able to buy a space of this…
How CMU’s future cloud lab could help life sciences startups
At the end of August, Carnegie Mellon University announced plans to build the world’s first cloud lab in an academic setting, with the goal of allowing for remote-controlled, artificial intelligence-driven experimentation to commence 24 hours a day, every day of the year. The new lab, expected to cost $40 million,…
Aurora Parks Itself In Pittsburgh, Now Its Sole Corporate Headquarters
Aurora Innovation Inc. announced it will be adopting Pittsburgh as its sole corporate headquarters, dropping its dual headquarters status with Mountain View, California, as the autonomous vehicle company races to go public toward the end of the year. As part of that announcement, Aurora also said it will be donating…
Vaccines, Return To In-Person Learning Providing Big Boost To Student Housing Market
Last year was a strange one for colleges, with many universities going fully remote as the COVID-19 pandemic hit the country. This year isn’t exactly normal, either. But most universities have returned to in-person classes as vaccines continue to be rolled out across the country. This means that students are…
Multiversity Housing Partners Adds Another Fifth Ave Asset To Its Growing Pittsburgh Portfolio
PITTSBURGH, PA August 24, 2021 — MultiVersity Housing Partners (MVHP) has acquired, an apartment building with ground floor restaurant space on Fifth Ave in Downtown Pittsburgh PA. MultiVersity Property Management (MVPM) will be overseeing the management and planned improvements of the asset which will be known as Union Annex. The…