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PropTech
Sonder agrees to $2.2B SPAC deal
May 3, 2021Lodging startup Sonder is going public via a special acquisition company (SPAC) in a deal that...
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Acquisitions
Thanks to Amazon, the future has arrived
May 3, 2021Amazon has now posted four consecutive record quarterly profits, attracting more than 200 million Prime loyalty subscribers....
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Office / Leasing
JPMorgan embraces traditional office model
April 29, 2021JPMorgan Chase became the first major bank to mandate a return to offices for its entire U.S....
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Luxury
Inside the Boardroom: Ryan Serhant
April 29, 2021Delving into the world of residential brokerage, we sat down with Ryan Serhant to discuss his...
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Acquisitions
Ofer Yardeni buys 920 Park Avenue
April 29, 2021Ofer Yardeni’s Stonehenge Partners has acquired 920 Park Avenue from an entity associated with Witold Szewczyk for $135 million, according...
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PropTech
Placer.ai Raises $50M
April 28, 2021Location data startup Placer.ai has raised a $50 million funding round led by Josh Buckley, Todd Goldberg, and...
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PropTech
Unicorn Loft raises $100M
April 26, 2021Brazilian digital real estate brokerage Loft has raised $100 million at a $2.9 billion valuation. The...
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Financing
Inside the Boardroom: Madison Realty Capital’s Josh Zegen
April 22, 2021Delving into the world of commercial real estate, Madison Realty Capital’s Managing Principal & Co-Founder Josh...
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PropTech
Cherre Raises $50M Growth Round
April 22, 2021Cherre, a real estate data startup, has raised a $50 million growth round led by Trustbridge...
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Acquisitions
A&E Real Estate acquiring Stonehenge 57 at $134M valuation
April 22, 2021A&E Real Estate has entered into contract to acquire SL Green’s 41% stake in 400 East...
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Financing
SL Green nearing Refi at One Vanderbilt
April 22, 2021SL Green Realty is nearing a roughly $2.25 billion debt package led by Goldman Sachs + Wells Fargo to...
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Financing
North River lands $51M from AIG
April 21, 2021North River Company + North Colony Asset Management have secured a $51 million loan from AIG to refinance the Matsil...
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Politics
Real estate industry turns to Bill de Blasio to expedite approvals
April 21, 2021Within the next eight months, the de Blasio administration hopes to rezone Gowanus + Soho and...
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Retail / Leasing
Recreational marijuana can bring New York to new heights
April 21, 2021New York joined a growing number of states that have legalized recreational marijuana after state lawmakers reached a...
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Acquisitions
Home Depot sells Queens development site
April 21, 2021Self-storage developer InSite Property Group has acquired a 102,500-SF development site at 59-02 Borden Avenue in...
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Politics
SALT Cap Repeal on the table
April 20, 2021Representative Josh Gottheimer said a repeal of the $10,000 cap on state and local tax, or...
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Luxury
Douglas Elliman’s IT Network Hacked
April 20, 2021Douglas Elliman Property Management emailed hundreds of co-operative and condo boards Monday to advise them that...
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PropTech
WeWork joins Crypto Craze
April 20, 2021WeWork has partnered with BitPay and Coinbase, and will now allow cryptocurrency for inbound and outbound...
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Acquisitions
FPA Multifamily buys The Fairfield Apartments
April 19, 2021Greg Fowler’s FPA Multifamily has acquired The Fairfield Apartments, a 263-home community located in Stamford, CT...
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Politics
Gowanus rezoning gets green light
April 19, 2021Judge Katherine Levine agreed to lift a temporary restraining order, allowing the Gowanus Rezoning to enter...
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PropTech
Fifth Wall files for third SPAC
April 19, 2021Fifth Wall Acquisition III, the third blank check company formed by Fifth Wall Ventures targeting real...
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Hotel / Financing
Solil & RFR go to court over the Gramercy Park Hotel
April 19, 2021Solil Management is seeking to terminate Aby Rosen’s RFR Holding’s long-term lease on the Gramercy Park Hotel and collect...
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Acquisitions
Blackstone buys $246.5M industrial portfolio from Prologis
April 19, 2021The Blackstone Group has acquired a 22-building, 2.5-million-SF industrial portfolio scattered around the Minneapolis-St. Paul region from Prologis for $246.5...
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PropTech
Amol Sarva blames Knotel bankruptcy on Newmark’s Howard Lutnick
April 19, 2021Knotel Founder Amol Sarva continues to publicly air his grievances over Newmark’s bankruptcy acquisition of his...
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PropTech
WeWork personifies what’s wrong with SPACs
April 19, 2021WeWork is trying to go public again and some of the factors that worried regulators last year...
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Leasing
General Assembly inks lease at 915 Broadway
April 16, 2021General Assembly, a tech-focused continuing education startup, has signed a 10-year lease renewal for its 40,000-SF...
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Acquisitions
AIG buys $1B logistics portfolio
April 16, 2021AIG Global Real Estate has acquired an 8.6-million-SF, industrial portfolio from Partners Group + Equus Capital Partners for over...
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PropTech
CoStar Group buys Homes.com to pair with Homesnap
April 16, 2021CoStar Group has reached an agreement to buy residential property listing site Homes.com for a total of $156 million...
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Acquisitions
The Feil Organization acquires 360-370 Fulton Street
April 16, 2021The Feil Organization has acquired a four-parcel development site at 360-370 Fulton Street in Downtown Brooklyn from...
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Leasing
JW Fulfillment inks massive Edison lease
April 15, 2021JW Fulfillment has signed a 346,858-SF industrial lease at 2020 Acquisitions’ newly constructed 300 Cedar Lane in Edison, New...
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Acquisitions
Daily Beat newsletter now behind a paywall
January 4, 2021As of January 2021, the Real Estate Daily Beat is premium content and only sent to paying subscribers....
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