Commercial real estate (CRE) assets refer to properties used for commercial purposes, including office buildings, retail centers, industrial warehouses, hotels, and multi-family residential buildings. CRE assets are typically purchased by investors seeking to generate income and capital appreciation through leasing or selling the property.
SL Green CEO Marc Holliday should have plenty to crow about on the leasing front at Monday’s annual investor conference call. In a just-signed, 270,000 square-foot mega-deal, sources told us, investment bank PJT Partners converted […]
We weren’t exaggerating when we recently foresaw a “rolling thunder” cavalcade of large new office deals by year’s end. But the largest was one we didn’t see coming: a 445,000 square-foot expansion by Wells Fargo […]
Greystar Real Estate Partners LLC and Partners Group, a global private markets firm, have broken ground on a new apartment building in a suburb of Washington, D.C. The 26-story tower at 7340 Wisconsin Ave. in […]
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 241,770 in October, according to new data from the California Association of Realtors (CAR). This is up by […]
Global litigation law firm Scott+Scott expanded at RXR Realty’s 230 Park Ave., taking a 21,300-square-foot direct lease to replace a smaller sublease on a different floor. It might seem modest in a 1.3 million square-foot […]
Builder confidence in the market for new multifamily housing was mixed during the third quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS […]
The Hawaii Housing Finance and Development Corporation has selected EAH Housing, a nonprofit housing development and management organization, to develop the Kahului Civic Center Mixed-Use Complex in Maui. The project will include 303 affordable housing […]
Lever House, the 390 Park Ave. masterpiece that first brought curtain-wall design to commercial New York in 1952, is back in business after a two-year closure and $100 million redevelopment. The project by owners Brookfield […]
All the world’s a stage, this high-rise most certainly included. Across the pond, the original Curtain Theatre has been redeveloped into a new 37-story apartment tower aptly called the Stage, set to formally open next […]
It’s hard to keep up with riverfront residential development in Brooklyn and Queens. The latest project to make a splash is Halcyon Management’s West Wharf on a seven-acre site in Greenpoint near the Williamsburg border. […]
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