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...
Rentvcom M2 Ingredients has agreed to fully lease the 155,000-square-foot industrial building at 1395 Park Center Drive in Vista, Calif The Carlsbad, Calif, company, which manufactures and distributes organic whole-food mushroom powders that are...
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...
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...
New York Post A venture of Alchemy-ABR Investment Partners and Cain International has plans to develop a 185,000-square-foot office building at 125 West 57th St in Manhattan The site currently is home to the Calvary Baptist Church, which the venture...
Commercial Observer CTL Capital has provided $825 million of financing against the 500,000-square-foot Claremont Tower office property in Newark, NJ Walker & Dunlop arranged the loan, which has a 215-year term and a coupon that’s less than...
The Real Deal Colonnade Management has paid $192 million for the land beneath 909 Third Ave, a 134 million-square-foot office building in Manhattan The New York company bought the land, or fee interest, from 601W Cos, which had acquired it in 2004...
Commercial Real Estate Direct Staff Report The vacancy rate for the nation’s professionally managed apartment units increased last year to 53 percent – its highest level since 2011 – from 47 percent in 2019, according to...
