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Malkin selling shares in Empire State Building
05
By Al Barbarino No order is too tall for the owners of the Empire State Building. Peter and Anthony Malkin have filed plans to form a Real Estate Investment
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Concord Summit Capital Closes $76.5 Million Construction Loan for Dania Beach, Florida Multifamily Development
05
Concord Summit Capital, LLC (“Concord Summit”) arranged a $76.5 million (75% LTC) construction loan in Dania Beach – a growing coastal city just south
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STORE Capital to be Acquired by GIC and Oak Street in $14 Billion Transaction
05
STORE Capital Corporation (NYSE: STOR, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests
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Tangled web of investors files ESB lawsuit
05
Empire State Building By Al Barbarino A group of investors is suing to stop a planned IPO of the Empire State Building. Led by investor Leon M.
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Blackstone’s Gray optimistic about retail in spite of ‘serious headwinds’
05
With “disruption” as the theme for the conference, Jonathan Gray, the global head of real estate for private equity giant Blackstone, talked about the
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Broadstone trims fat with management merger
06
Broadstone Net Lease, the Rochester, NY-based public non-listed REIT, is bringing its management functions in-house. The company announced it has entered
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New shopping center REIT out to cash in on retail market tumult
06
ShopOne Centers REIT Inc. announced the formation and launch of its new platform, a private real estate investment trust (REIT) focused on acquiring, operating
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ARC acquires Midtown tower
07
American Realty Capital New York City REIT, Inc. announced it has entered into an agreement to acquire 1140 Avenue of the Americas, a 22-story, approximately
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Blackstone cashing out of shopping center REIT Brixmor
05
Blackstone is offloading its shares in shopping center REIT Brixmor Property Group. The move comes six months after Brixmor’s CEO resigned due to an internal
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REITs extend upswing with strong October numbers
05
Equity REITs delivered gains in October and for the first 10 months of the year. The FTSE NAREIT All REITs Index, the broadest benchmark of the stock exchange-traded U.
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Newmark brokers $21M Queens warehouse sale
06
BRIAN EZRATTY Newmark Knight Frank announced that it has brokered the sale of 24 Woodward Avenue, a key property for last-mile distribution and warehouse
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REIT returns outpace S&P 500 thru March
07
Stock exchange-listed Equity REITs significantly outperformed the rest of the equity market in March and the first quarter of 2016, according to the National