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January 31, 2022

New Developer Takes Over For Alliance On Moreland Avenue, Plans Nearly 700 Units

A local residential developer is taking over a large development site in Southeast Atlanta from a national multifamily giant, with plans to build hundreds of apartments and single-family houses.

New Developer Takes Over For Alliance On Moreland Avenue, Plans Nearly 700 Units

Empire Communities has filed plans with the Georgia Department of Community Affairs for a new residential project at 1296 Moreland Ave., just south of the East Atlanta Village and near the intersection of Custer…

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KBS Names Mark DeLuca New CEO In Big Leadership Shift

KBS Names Mark DeLuca New CEO In Big Leadership Shift  

Commercial real estate giant KBS has a new team of top executives, including a new CEO, as it executes a shake-up of its leadership. The Newport Beach, California-based investment firm that operates a number of real estate equity funds named Mark DeLuca, its Eastern region president, as its new CEO. DeLuca,…

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This Data Centers 'Arms Race' Could Decide Who Commands The Metaverse

Microsoft’s pending acquisition of gaming giant ActivisionBlizzard is the Seattle company’s latest volley in a growing battle to control the future of cloud-based gaming — and ultimately the metaverse.

It could also transform the global data center landscape.

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C-Suite Spotlight: Vigavi Realty Principal Christen Vestal

 

Christen Vestal, a partner at Vigavi Realty and one of Houston's only female industrial leaders, is passionate about The Office, Texas, the commercial real estate industry and the importance of taking — not waiting for — leadership opportunities.

"The biggest mistake I made as a young professional was waiting on the sidelines, waiting for someone to come along and give me the power to lead," said Vestal, a 2021 Bisnow Houston Power Woman who hopes to complete 1M SF in transactions this year. "Do not wait for someone to tell you to lead, it will never happen. Start leading right where you are."

For Vestal, leadership is synonymous with consistency and being a person of her word. It's also, she said, about pulling others up and opening doors for other women in the industry.

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