Category: News & Market Reports

Optimizing the Healthcare Supply Chain: Lessons Learned and the Way Forward

Posted on by Sarah

Challenges facing the healthcare supply chain were thrust into the spotlight in 2020, as the COVID-19 pandemic took hold and escalated at a rapid pace. Effective and timely sourcing of sufficient crucial items including personal protective equipment (PPE), sanitizer and ventilators became a critical problem for hospitals and healthcare systems.

In this paper we examine the lessons learned from last year’s crisis and look at recommendations for supply chain management that could effectively control inventories while containing costs and producing optimal clinical outcomes.

Furthermore, in addition to defining a framework for improving supply chain structures and performance, we will also consider the increasing role of technology and automation together with trends in logistics and inventory management. Click to read more and download the report at www.colliers.com.

Houston’s Newest Megachurch Demolishes Historic Shadowdale Grain Silos

Posted on by Sarah

Like the fabled Tower of Babel, Houston’s newest megachurch knocked down one of the city’s more recognizable pieces of architecture over the weekend.

Demolition crews were spotted tearing down the Shadowdale grain elevators near the intersection of Interstate 10 and Beltway 8 recently, according to Reddit user u/astrosdude91. The site will be transformed into Hope City Silos, a campus of the non-denominational Hope City Church which currently operates several small campuses around Houston.

One of the two structures will be spared and used as a “branding opportunity” for the church. I can only imagine the daily dose of religious inspiration in store.

Church donors spent nearly $20 million acquiring the silos and the 17-acre site located at 1140 Lumpkin Street. That doesn’t include the cost to build the campus itself.

The new campus is in part being developed by Big Vision Advisors’ Duncan Dodds, who also helped transform the Compaq Center into Lakewood Church in the mid-2000s, according to the Houston Chronicle’s Nancy Sarnoff. Click to read more at www.chron.com.

Seven Powerful Lessons Learned From a Mentor

Posted on by Sarah

The morning of July 26 was a Monday like any other. Nothing indicated that the afternoon would unfold much differently than the nondescript way in which the day had started. Then, around 3:20 p.m., I lost my friend and business partner, Ken Dunn.

There are few words to describe the feeling of losing someone who has been such an integral part of your life. Since his semi-retirement in recent years, he had come to be the person I went to for advice and guidance – and to gut check my decision-making as our newly-appointed leader. Our Rainier family is still grappling with Ken’s loss and will continue to feel his absence for months and years to come.

When I first met Ken through a mutual friend, I was not looking for a mentor. After moving to Dallas in 2002, I was working as a golf professional. I had reached out to some friends to raise money in an attempt to play golf professionally on the PGA Tour.

I approached Ken with the opportunity to be one of my sponsors, but instead of giving me cash, he offered me a free place to live at one of his multifamily properties. We became fast friends, and I would send him golf balls and other items as a “thanks” since his offer was better than cash. I had a place to hang my hat in Dallas when I wasn’t on the road pursuing my dream of playing golf. Click to read more at www.dmagazine.com.

Churchill Forge Expands San Antonio Footprint

Posted on by Sarah

Churchill Forge Properties has acquired Celeste at La Cantera, a 300-unit Class A community in San Antonio from USAA Real Estate. Institutional Property Advisors closed the transaction on behalf of the seller.

Completed in 2018, Celeste at La Cantera is a four- and five-story building occupying 6.2 acres at 6107 Via La Cantera. The property has one- to three-bedroom apartments and one penthouse unit. Floorplans range from 558 to 1,906 square feet. Amenities include a swimming pool, a gym, a clubhouse and roughly 450 parking spaces.

The community is next to Brookfield Properties’ 1.2 million-square-foot The Shops at La Cantera, 1 mile from the University of Texas at San Antonio and 15 miles northwest of downtown.

The deal marks the second major Texas acquisition Churchill Forge has closed so far this year. In January, the Boston investor purchased a 320-unit Class A property in Austin, Yardi Matrix shows. State Farm provided $35.8 million in acquisition financing. Click to read more at www.multihousingnews.com.

Supreme Court Blocks Biden Administration’s Eviction Moratorium

Posted on by Sarah

The Supreme Court late Thursday blocked the Centers for Disease Control from enforcing a federal moratorium on evicting renters during the Covid pandemic, a defeat for the Biden administration’s effort to continue the moratorium despite an earlier signal from the court that the government’s action lacked the proper legal basis.

Imposed in early August, the current moratorium was due to expire in early October. It was challenged by a group of landlords who argued that the CDC had no authority to impose such a restriction on its own.

They said the nation’s landlords have been losing as much as $19 billion a month. “Congress never gave the CDC the staggering amount of power it claims,” the landlords argued in their filing in the Supreme Court.

In an unsigned opinion, six Supreme Court justices agreed. “It would be one thing if Congress had specifically authorized the action that the CDC has taken. But that has not happened. Instead, the CDC has imposed a nationwide moratorium on evictions in reliance on a decades-old statute that authorizes it to implement measures like fumigation and pest extermination.” Click to read more at www.cnbc.com.

Playing in the ‘Major Leagues’: Meredith Cullen Moves to Cushman & Wakefield, Tackles ‘Red-Hot’ Land Market

Posted on by Sarah

Meredith Cullen has been interested in the Texas land market since he was a kid, driving around to scout tracts with his father Roy.

“That’s what my dad was into and that was his talent: finding out where the path of growth is,” says Cullen, who leads Cushman & Wakefield’s land brokerage team in Houston along with David Cook.

Roy passed that talent and passion to Meredith, who’s using it to ignite what is already a red-hot market.

“It’s on fire,” Cullen says. “Right now, there’s a lot of opportunity.”

That opportunity only exists if you know where to look like he does. Even then, it’s become a challenge in the past year.

“If I could find 500 acres maybe 10 miles past the Grand Parkway between I-45 and US 59, I could sell that all day long for $50,000 an acre,” says Cullen. “Right now, it’s just hard to find that product.”

What’s driving the demand? He describes it as a perfect storm of behaviors generated by and during the pandemic. First, we all know about the exponential increase in online buying, which created a need for last-mile distribution locations.

“I have a lot of clients looking for industrial land go off-market to try
to find these pieces,” Cullen explains. Click to read more at www.rednews.com.