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JLL Income Property Trust buys share of $1B SFR portfolio
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JLL Income Property Trust, an institutionally managed daily NAV REIT, has acquired an approximately 47 percent interest in a $1.2 billion single-family
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Media firm renews 136,000 s/f Connecticut lease
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Encompass Digital Media has renewed its 136,366 s/f lease at Stamford’s Shippan Landing for another six years. The transaction was announced today by the
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New report finds billions being laundered through U.S real estate
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What do the Iranian government, a fugitive international jeweler, and a disgraced Harvard University fencing coach have in common? They have all used U.
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NYC brokers get their groove back as recovery takes grip
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The Real Estate Board of New York (REBNY) today reported that broker confidence in the current real estate market rose to record levels during the second
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Spanish shoe store to open first retail location at 123 Mercer
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JLL has completed a 2,822 s/f lease at 123 Mercer St. in SoHo on behalf of Meermin Mallorca Shoes. The tenant signed a 10-year lease with property owner
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Senate passes historic $1T infrastructure bill
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U.S. Senate Majority Leader Charles E. Schumer today hailed passage of a $1 trillion infrastructure deal he negotiated in the Senate saying it will deliver
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Real estate industry ready to work with new governor as Cuomo resigns
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New York’s real estate industry is looking to press ahead with the state’s COVID recovery following the resignation today (Tuesday) of Governor Andrew Cuomo.
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Kushner continues US multifamily expansion
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Kushner acquired The Clare Apartments in Southaven, Mississippi for $45,125,000. This marks the firm’s fifth acquisition in the state as they pursue a
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Builders crunching numbers to land best deals
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James Nelson of Massey Knakal sat down with David Von Spreckelsen of Toll Brothers, Ken Horn of Alchemy Properties and Michael Stern of JDS Development
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FINANCE BRIEFS: Eastern navigates market like GPS; $23M Rockefeller loan; Cherry Hill mortgage
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●EASTERN UNION Navigating the markets like a GPS Eastern Union Funding announced the company closed over a quarter billion in deals during the last days of March.
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Cushman & Wakefield to partner with WeWork
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WeWork is partnering with Cushman & Wakefield ahead of the co-working company’s merger deal with special purpose acquisition company (SPAC) BowX Acquisition.
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MRA, Angelo Gordon close on first acquisition of new industrial equity fund
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Metropolitan Realty Associates (MRA) has closed on the first acquisition of its new $50 million of equity fund focused on Long Island industrial assets.