-
PropTech
Albertsons to pilot contactless PickUp kiosk
January 19, 2021Albertsons Companies announced that it’s the first American grocer to pilot an automated and contactless grocery PickUp...
-
Financing
Madison Realty Capital provides $53M for Sunset Park development
January 19, 2021Heritage Equity Partners has secured a $53 million floating-rate construction loan from Madison Realty Capital for its development at...
-
Leasing
Target posts strong Q3
January 14, 2021Target announced that winter holiday sales rose solidly as more shoppers bought goods online. Store-based sales increased...
-
Luxury
NYC luxury market shows signs of life
January 14, 2021Twenty-seven contracts were signed last week for luxury condos or townhouses over $4 million. Over half of...
-
Leasing
Square’s Jack Dorsey sends mix signals about remote work
January 14, 2021Cash App, a subsidiary of Jack Dorsey’s Square, has signed a 40,000-SF office lease at Boquen Realty’s 13 Crosby...
-
PropTech
Sonder announces new hires
January 12, 2021Serviced apartment startup Sonder is beefing up its C-suite as it looks to move past a...
-
Politics
What Joe Biden & Chuck Schumer mean for real estate
January 12, 2021Legislative expectations associated with tax reform should be tempered for President-elect Joe Biden and soon to be...
-
PropTech
Jordan Vogel’s SPAC in talks to bring Faraday & Future public
January 12, 2021A real estate SPAC led by Benchmark Real Estate’s Jordan Vogel is in talks to bring Faraday & Future,...
-
PropTech
Compass files for an IPO
January 11, 2021Compass has filed confidentially for an IPO. The residential real estate brokerage that fashions itself as...
-
Politics
Extell bails on NYIT contract
January 11, 2021Gary Barnett’s Extell Development has filed a lawsuit against the New York Institute of Technology (NYIT), alleging the school didn’t...
-
PropTech
iLobby raises $100M from Insight Partners
January 11, 2021iLobby, a startup that offers visitor management software to enterprise businesses, has raised a $100 million...
-
Politics
Amazon uses affordable housing as lobbying and PR effort
January 11, 2021Amazon said it would commit more than $2 billion to create and preserve affordable housing in three of its...
-
Acquisitions
REITs have tumbled to tremendous discount
January 11, 2021Brookfield Asset Management has made an offer to take its commercial real estate arm Brookfield Property Partners ($BPY) private...
-
Politics
Socialist joins City Planning Commission
January 5, 2021Public advocate Jumaane Williams is set to nominate Cea Weaver, a left-wing tenant activist to the 13-person City Planning...
-
PropTech
WeWork goes to war with Joe Chetrit
January 5, 2021WeWork has filed a lawsuit against the Chetrit Group after the developer threatened to draw down...
-
Acquisitions
Daily Beat newsletter now behind a paywall
January 4, 2021As of January 4th, the Real Estate Daily Beat is premium content and only sent to paying subscribers....
-
PropTech
SoftBank bails out Katerra. WeWork 2.0?
January 4, 2021SoftBank Group has agreed to invest an additional $200 million to bail out Katerra, according to the Wall...
-
Acquisitions
Jonathan Rose buys Bronx affordable housing complex
January 4, 2021Jonathan Rose Companies has acquired an affordable housing property at 350 Saint Ann’s Avenue in the Bronx...
-
Politics
Eviction ban stuns real estate industry
December 29, 2020A sweeping eviction ban that advanced in the New York State Legislature on Monday hurts struggling property owners....
-
Politics
New eviction legislation puts landlords in a bind
December 28, 2020New York lawmakers have reached a deal to pass a bill that would extend an eviction moratorium until...
-
Financing
Gotham lands financing for Broome Street Development
December 28, 2020Gotham Organization + Goldman Sachs Urban Investment Group have secured $162.4 in construction financing from Wells Fargo + US Bank for...
-
Financing
L+M lines up financing for Bronx Point
December 24, 2020L+M Development Partners is expected to close on $349 million in financing next week for Bronx Point, the...
-
Politics
President Trump pardons Charles Kushner
December 24, 2020Former New Jersey Gov. Chris Christie called it “one of the most loathsome, disgusting crimes” he...
-
Financing
NYC Real Estate’s rocky relationship with the Tel Aviv bond market
December 23, 2020Abraham Lesser first tapped the Tel Aviv bond market for financing in 2008. At the time,...
-
Financing
Argent Ventures buys debt on 1605 Broadway
December 23, 2020Andrew Penson’s Argent Ventures is purchasing the senior mortgage on Vornado’s Crowne Plaza Times Square at 1605 Broadway for about...
-
PropTech
SoftBank raising $604M SPAC from retail investors after WeWork debacle
December 23, 2020SoftBank’s Vision Fund is raising $604 million for a SPAC (AKA blank-check companies), the Wall Street Journal...
-
Acquisitions
Petershill buys stake in Oak Street Real Estate Capital
December 23, 2020Petershill, a Goldman Sachs Group unit that buys stakes in alternative investment managers has made its...
-
Acquisitions
Carmine Limited buys 1 Christopher Street for $95M
December 22, 2020Carmine Limited has acquired a multi-family building at 1 Christopher Street in the West Village from Jimmy Silber for...
-
PropTech
Apartment List raises $50M venture round –– IPO on the horizon?
December 22, 2020Apartment List, a rental platform, has raised a $50 million equity round led by Janus Henderson...
-
Leasing
Shopping centers & malls face existential crisis
December 22, 2020COVID-19 was the straw that broke the “malls” back, as the pandemic has accelerated the decline...
-
Acquisitions
Daily Beat newsletter now behind a paywall
January 4, 2021As of January 4th, the Real Estate Daily Beat is premium content and only sent to paying subscribers....
Trending