Jamestown Snags Atlanta Payroll Firm In Latest Deal At Ponce City Market

After Katerra's sudden bankruptcy earlier this month, an Atlanta construction firm is declaring its independence.  Fortune-Johnson, an Atlanta-based general contractor focused on the multifamily industry, has separated from the one-time SoftBank-backed construction conglomerate, it announced Tuesday. Terms of the deal were not disclosed. “We have retained our…

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Donald Capoccia was on a bike ride during a vacation in New Mexico about a decade ago when he caught a glimpse of an affordable housing complex for LGBTQIA+ seniors. Capoccia, a managing principal at New York-based affordable housing developer BFC Partners, stopped his ride to take a closer look, captivated by the idea of the development. 

“I immediately thought, ‘Why in the world do we not have this in New York?’” he said. 

Capoccia, who is gay, became set on building something similar back home, he told Bisnow in an interview this month. Less than two years ago, his dream became a reality. BFC Partners delivered Stonewall House, a 145-unit, 17-story affordable housing building designed to cater to LGBTQIA+ seniors, on…

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In Case You Missed It...

Technology and trust. One functional and rational, the other one of the most fundamental human emotions, something that bonds us together. Those are the two things needed to make the hybrid office work. 

While workplaces begin adjusting to hybrid office arrangements, corporations and managers need to begin adjusting their expectations and get ready for an “enormous, fundamental shift,” said Gartner Chief of Research Brian Kropp, who specializes in human resources.

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Doug Jones knew about pressure and leadership well before he took an associate role at Cushman & Wakefield in 2015. After all, Jones, a former infantry officer and Army Ranger, had been deployed to Afghanistan when his then-fiancee met the broker who recommended commercial real estate as a post-military career.

While a different level of intensity, the gamble of getting into the brokerage business offered plenty of pressure. When Jones got started, his base pay was a third of the wages he earned in the Army.

The bet on himself paid off, and some five years after moving to a commission-only pay schedule, the United States Military Academy graduate is the managing principal of Cushman & Wakefield's Dallas operations. 

Read the full story here.