-
Acquisitions
JLL brings Coney Island development to the market
December 17, 2020National Grid has hired JLL to market a 16-acre site with nearly 1.5 million buildable SF...
-
Acquisitions
Jake Sharp buys California Market for $57.5M
December 16, 2020Jake Sharp Capital has acquired the California Market at 450 South Western Avenue for $57.5 million...
-
Politics
Mnuchin says no plans to privatize Fannie & Freddie
December 16, 2020Treasury Secretary Steve Mnuchin told the Wall Street Journal that the Trump administration will not privatize Fannie Mae and...
-
Acquisitions
Yehoshua Fruchthandler buys homeless shelter from Irving Langer
December 16, 2020FBE Limited’s Yehoshua Fruchthandler has acquired a homeless shelter at 633 East 104th Street in Canarsie from Irving...
-
PropTech
WeWork & Knotel flood office market with vacant space
December 16, 2020WeWork, Knotel, and other co-working firms are flooding the office market with newly vacant space and...
-
Financing
Prodigy Network loses control of hotel to Vanbarton
December 16, 2020Vanbarton Group has taken control of a FiDI hotel at 84 William Street, which was backed by...
-
Luxury
Luxury market bounces back for second straight week
December 15, 2020Manhattan has recorded another strong week of luxury deals, according to the Olshan Report. A glut of supply...
-
Leasing
Google proposes only three days a week in the office
December 15, 2020With the pandemic still in full swing and the first doses of a coronavirus vaccine just...
-
Leasing
Daily Paper inks lease for flagship store on Delancey Street
December 15, 2020Dutch fashion brand Daily Paper has signed a 6,000 SF retail lease at Solar Realty’s 18 Delancey Street, CO first...
-
Acquisitions
Blackstone buys portfolio of life-sciences buildings
December 15, 2020Blackstone Group has agreed to acquire a portfolio of life-sciences buildings primarily in Cambridge, MA from Brookfield Asset...
-
Politics
Cuomo bans indoor dining in New York City
December 14, 2020Governor Cuomo announced that indoor dining will once again be barred in New York City restaurants starting today. The rest...
-
Retail / Financing
All retail isn’t created equal – strong tenants are key
December 14, 2020Sun Equity Partners and The Heskel Group have secured $73 million in construction takeout financing and preferred...
-
Acquisitions
Brookfield joins e-commerce bandwagon with South Bronx acquisition
December 14, 2020Brookfield Properties has acquired a distribution facility at 845 East 136th Street from AEW and MRP Realty for $27.9 million, according...
-
Politics
Rental vacancy rates drop
December 11, 2020Rental vacancy rates in Manhattan dropped last month for the first time since the onset of the...
-
Leasing
Knotel faces barrage of lawsuits – RXR is the latest
December 11, 2020Knotel is fighting for its survival as lawsuits mount –– RXR Realty is the most recent to...
-
Leasing
Salesforce embraces remote work – office space no longer essential
December 11, 2020Software giant Salesforce plans to consolidate and sublease certain office locations as more employees work from home ––...
-
PropTech
Airbnb raises $3.5B in IPO
December 10, 2020Airbnb raised $3.5 billion in its IPO at a fully diluted valuation of around $47.3 billion, and...
-
Acquisitions
Cushman & Wakefield retained to sell Downtown Jamaica site
December 10, 2020A development site at 94-01 Sutphin Blvd in Downtown Jamaica owned by the estate of Rita Stark is...
-
Acquisitions
Harbor Group & Benedict Realty Group acquire Florida apartment communities
December 9, 2020Harbor Group International and Benedict Realty Group have acquired a portfolio of Florida apartment communities from...
-
Leasing
Restaurants shut down at record pace
December 9, 2020More than 110,000 restaurants have closed permanently or long-term across the country as the industry grapples with the...
-
Leasing
San Francisco real estate market faces bleak outlook
December 9, 2020While many New York finance firms are pushing for people to return to the office, tech...
-
Acquisitions
Reuben Brothers acquire Surrey Hotel for $150M
December 9, 2020Simon and David Reuben have acquired the Surrey Hotel at 20 East 76th Street from the Kaufman Organization for...
-
Acquisitions
Target to open new Soho location
December 8, 2020Target has signed a retail lease for over 27,000 SF of space at Aurora Capital Associates and Alex Adjmi’s 600 Broadway...
-
Luxury
NYC luxury condo market picks up steam
December 8, 2020Contracts to buy Manhattan luxury homes and condos since September 1st have surpassed the number of deals in...
-
Financing
Andy Weiss arranges financing for residential properties in North Carolina
December 8, 2020Andy Weiss of Dansker Capital Group recently arranged for the financing of two multifamily properties consisting...
-
Acquisitions
Grant Cardone lands acquisition debt to close on new Boca Raton rental
December 7, 2020Grant Cardone‘s investment firm has secured $105 million in acquisition debt from New York Community Bank to...
-
Financing
Yoel Goldman penalized by Israel Securities Authority
December 7, 2020Two years ago, Brooklyn developer All Year Management contributed to a major panic in Tel Aviv’s...
-
Acquisitions
Blackstone acquires industrial portfolio from Iron Mountain
December 7, 2020Blackstone has acquired a 13-property industrial portfolio from Iron Mountain for $358 million, Bloomberg reported. The properties total 2.1...
-
Politics
Will Americans get direct payment in new stimulus package?
December 7, 2020Congress is entering the decisive days of the lame duck with a huge to-do list. The...
-
Financing
Fisher Brothers lands Refi at 605 Third Avenue
December 7, 2020Fisher Brothers + JP Morgan Asset Management have secured a $400 million CMBS loan from Morgan Stanley to refinance their office...
-
Acquisitions
Daily Beat 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