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Cuomo fast-tracks Penn Station overhaul, asks Trump to fund more work
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Governor Andrew Cuomo is set to ask President Donald Trump to put America back to work with a massive infrastructure investment. The Governor is meeting
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Real estate industry continues to help in fight against COVID-19
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Come Break Fast With Us A Corcoran broker has been helping give out free halal iftar meals to everyone during the month of Ramadan. Shabir Ahmad has been
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Dallas investor pays $200M for 44 Wall
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44 WALL STREET Blackstone has closed on the $200 million sale of 44 Wall Street to Dallas-based Gaedeke Group.George Comfort & Sons, served as advisor
Debt & Equity
Politicians call for tax on private equity loans
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A Manhattan Assembly member is proposing taxing private equity loans in an effort to increase transparency in residential sales and to raise money for
Banking and Finance
Ugly duckling assets have investors smitten
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A global industrial revolution is underway as a shift in consumption habits drives unprecedented demand for distribution space. Speakers at last week’s
Featured
How the next generation is changing the apartment market
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The generation that’s been plugged into iphones and internet their entire life is turning the apartment market on its head with their socially conscious
Deals & Dealmakers
Blackstone affiliate trades $1.5B life sciences portfolio
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Ventas, Inc. is in contract to buy the 4.1 million square feet life science and medical real estate assets of Wexford Science & Technology, from affiliates
Deals & Dealmakers
Greystar to acquire student housing leader for $4.6B
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EdR, one of the nation’s largest owners of student housing communities, is set to be acquired by Greystar Real Estate Partners for $4.6 billion.
Debt & Equity
Blackstone fund the largest ever raised
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Blackstone announced the final close of its latest global real estate fund, Blackstone Real Estate Partners IX. The fund has $20.5 billion of total capital
Deals & Dealmakers
Blackstone buys $6B Colony Industrial portfolio
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Blackstone is buying a 60 million square feet portfolio of last mile industrial assets for $5.9 billion. The asset management giant will announced it will
Deals & Dealmakers
Landlords warn warehousing could be the new normal
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Landlords are warning warehousing apartments could become the new normal. The news comes as the city confirmed it is investigating reports that Stuyvesant
Deals & Dealmakers
Blackstone buys $1.8B last-mile warehouse portfolio
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Blackstone Real Estate Income Trust has acquired the Canyon Industrial Portfolio from Cabot for $1.8 billion. The 22 million-square-foot portfolio is comprised