New York City
Praedium Acquires Moreno Valley Asset for $68.5M
New York City-based The Praedium Group acquired the Villas at Towngate Apartments in Moreno Valley for $68.5 million from Watermarke… Read more
Greystone Provides $52M Fannie Mae Loan
Real estate lending, investment and advisory company Greystone & Co. has provided two Fannie Mae DUS loans totaling $51.6 million… Read more
Mixed-Use Buchanan Sells to JV for $270M
Madison Realty Capital in New York City has partnered with San Antonio, TX-based USAA Real Estate Co. to acquire the… Read more
Cities With Best and Worst Commute Times
No matter where one may go, residents in every city complain about the time they spend in traffic. Trulia.com released… Read more
NYC Industrial Tenants Moving to North Jersey
New York City companies seeking out warehouse or industrial space are looking toward north and central New Jersey as options.… Read more
REIT Obtains $296M in Financing for NY Portfolio
SL Green Realty Corp, A REIT focused on acquiring and managing commercial real estate in New York City, has closed… Read more
NYC’s Finance Department Takes 175,000 SF at Former Verizon Building
New York City’s Department of Finance has reportedly struck an agreement with Sabey Data Centers to lease 175,000 sf at… Read more
GE Strategically Relocates Global HQ To Boston
General Electric Co. is moving its global headquarters to Boston, from Fairfield, CT and New York City, where the company says… Read more
$1B Related Cos. Fund Spurs Major Investor Interest
The Related Cos. intended to raise $850 million for a new operator-sponsored opportunity fund, but even better, the fund reportedly collected $1… Read more
$70B Worth of Deals Completed in 2015
Cushman & Wakefield and CBRE estimated that as much as $70 billion worth of commercial real estate deals in New… Read more
CRE Icon Douglas Shorenstein Passes Away
Douglas Shorenstein, the leader of San Francisco-based Shorenstein Properties, has passed away at the age of 60. The real estate… Read more
Are Magic Mirrors Apparel Retail’s Future?
It’s pretty well known that experiential retail is the wave of the future. Well, the future has arrived in the… Read more
Job Growth Still Not Where It Should Be
Job growth over the summer was not what economists expected. There were 142,000 jobs added in September, below the 205,000… Read more
Blackstone Real Estate Fund Totals $15.8B
Blackstone Group has amassed a $15.8-billion fund to make global real estate investments. About 90 percent of the investment pool… Read more
Emerging China: Chinese California Investment Is Serious
Part 2 of 5 – Emerging China _________________________________________ One can’t discuss the global economy without mentioning China’s impact. The commercial… Read more
Embarcadero Residential Tower Approved
An Embarcadero residential tower, called 75 Howard, gained approval from the San Francisco Planning Commission. The developer is the New… Read more
Downtown L.A. May Get Boutique Hotel
Downtown Los Angeles could get a new boutique hotel, and it would go into the historic Art Deco Foreman &… Read more