Square Mile Capital Management has made a $75 million preferred-equity investment in a 1,046-room select-service hotel development in Manhattan’s Times Square area McSam Hotel Group, a Great Neck, NY, developer, already has broken ground on...
Rent collections at professionally managed apartment properties finished last month at a 946 percent rate, according to the National Multifamily Housing Council’s Rent Payment Tracker That’s a 04 percentage-point drop from the 95 percent...
Commercial Property Executive A venture led by Hines has broken ground on Whiteland 65 Logistics Center, a 11 million-square-foot industrial property in Whiteland, Ind The Houston company is investing $288 million in the property, which it is...
The Real Deal Vornado Realty Trust is offering for sale the 670,000-square-foot development site at 93-30 93rd St in Queens, NY The New York REIT has hired JLL to market the site, which could fetch about $85 million The site is best suited for a...
The Real Deal Apartment Income REIT is offering for sale a portfolio of 12 properties with a total of 556 units in Manhattan The Denver REIT has hired Cushman & Wakefield to market the portfolio, with an asking price of $250 million, or...
Commercial Observer Naftali Group has paid $71 million, or about $554,688/unit, for the 128-unit Eagle Court apartment property at 215 West 84th St in Manhattan JLL brokered the deal and arranged $46 million of acquisition financing from an...
Just as the uncertainty about how different property types would fare has faded as the pandemic passes, questions about the post-pandemic impacts on different property sectors are already beginning to be answered as the economy...
Crain’s Chicago Business Amazoncom Inc is planning to build a 140,000-square-foot distribution center in Chicago The industrial project will be built on a 26-acre development site at the northwest corner of Kostner Avenue and Division Street,...
Employees are slowly returning to the office However, many companies already have instituted a hybrid work model, which could have a lasting affect on the United States office...
Charlotte Business Journal Lincoln Harris has proposed building an office property with up to 250,000 square feet in Charlotte, NC The project is being planned for the Charlotte developer’s Phillips Place mixed-use complex in the city’s...
