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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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Commercial Real Estate

Categorizes all commercial real estate types including Multifamily, Office, Retail, Industrial, Hotels / Hospitality, Mixed Use, Land, Self Storage, Special Purpose

room
Commercial Real Estate

Mattress on floor in section of living room lists for $525 a month, highlighting renters’ struggle

January 15, 2024 Allen Santos Comments Off on Mattress on floor in section of living room lists for $525 a month, highlighting renters’ struggle

A room that has been advertised for rent on Facebook for $525 a month has highlighted the impact of the current rental crisis. A post popped up on FB advertising for “1 boy to live […]

Commercial Real Estate

Social Landlords call for net zero funding from Scottish Government

January 11, 2024 kingstu Comments Off on Social Landlords call for net zero funding from Scottish Government

Scottish Government plans to decarbonise Scotland’s social housing stock could force landlords to hike rents by 80%, according to a grim new report. The Scottish Housing Regulator estimates that the cost to Registered Social Landlords […]

Commercial Real Estate

This historic Bronx apartment just listed for a shockingly low price

January 10, 2024 kingstu Comments Off on This historic Bronx apartment just listed for a shockingly low price

The Boogie Down has some of the best deals around — and here’s one that just hit the market. What’s more, it’s one of the cheapest homes available for sale within New York City limits […]

Prada
Commercial Real Estate

Prada buys Fifth Avenue flagship store building in NYC for $425M

December 21, 2023 kingstu Comments Off on Prada buys Fifth Avenue flagship store building in NYC for $425M

Italian fashion house Prada on Wednesday announced it will pay $425 million to buy the Fifth Avenue building that’s home to its flagship boutique — making it the latest luxury retailer to double-down on “the […]

Oklahoma City
Commercial Real Estate

Developer Proposes 134-Story Apartment Tower for Oklahoma City

December 21, 2023 kingstu Comments Off on Developer Proposes 134-Story Apartment Tower for Oklahoma City

A California developer has proposed an apartment tower for Oklahoma City that would be the second tallest building in the nation. According to a report in The Oklahoman, Scot Matteson has put forth a proposal to […]

speakeasy
Commercial Real Estate

NYC’s newest speakeasy now serving tentacle dishes and Vegemite cocktails

December 5, 2023 kingstu Comments Off on NYC’s newest speakeasy now serving tentacle dishes and Vegemite cocktails

Halfway down a Bushwick side street, in the back of an artisanal doughnut shop and through a photobooth, this rhino-themed restaurant has quietly been slinging drinks and bites since October.  Ra-Ra Rhino, the latest addition […]

SL Green
Commercial Real Estate

SL Green boosts portfolio with key deals at Park Ave. office towers

December 4, 2023 Mariel Alumit Comments Off on SL Green boosts portfolio with key deals at Park Ave. office towers

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 […]

Hudson Yards
Commercial Real Estate

Wells Fargo expansion at 20 Hudson Yards continues late-year commercial lease boom

December 4, 2023 Mariel Alumit Comments Off on Wells Fargo expansion at 20 Hudson Yards continues late-year commercial lease boom

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 […]

Apartment
Commercial Real Estate

Ground Breaking on New DC-Area Apartment Complex

November 30, 2023 Mariel Alumit Comments Off on Ground Breaking on New DC-Area Apartment Complex

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 […]

REBNY
Commercial Real Estate

REBNY reports office building visitations up as it switches to monthly reports

November 21, 2023 Allen Santos Comments Off on REBNY reports office building visitations up as it switches to monthly reports

In an overdue, welcome step, the Real Estate Board of New York’s reports on office building visitation — i.e., physical occupancy by employees — will now be released every month. The REBNY data based on […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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