Retail real estate is experiencing a paradox. Even as some of the country’s best-known chains shutter stores or vanish entirely, other retailers — particularly those targeting value-conscious shoppers ...
Monthly rent growth peaked at 0.6% in March but then began a gradual downward trend over the summer, when rents typically increase the fastest during peak moving months. This year is also the third in ...
Office towers once symbolic of Manhattan’s corporate power are increasingly being reimagined as places to live, with the pace of office-to-residential conversions now at its highest level since 2008.
A recent Cushman & Wakefield report found that the national shopping center vacancy rate rose to 5.8% during the second quarter, a 20 basis point increase from the first quarter and an even bigger 50 ...
IKEA has bought a retail building in SoHo, Manhattan, for $213 million, according to a deed posted by the New York City Department of Finance. The property, called 529 Broadway, serves as Nike's ...
Berkeley Partners has raised more than the originally forecasted $500 million for its Value Industrial Fund VI, L.P. The actual amount turned out to be $610.5 million, with the vehicle targeting ...
Fraud has long plagued the multifamily sector, but the scope and sophistication of the problem are now reaching new levels, fueled by technology and shifting consumer expectations. That convergence ...
In total, Waterford offers three million square feet of Class A space. Recently, the buildings in the district underwent renovation that included improvements to lobbies, outdoor settings, as well as ...
Affordable housing is a big focus. The 65-year-old's budget today calls for $1.8 billion to create and renovate affordable homes, with another $1.5 billion for 4,000 units in particular. The plan is ...
That's creating opportunities for Greystone, which holds $5 billion in capacity for bridge loans. Specifically, Rosenberg sees a fit with banks, where loans get originated, while Greystone sells off a ...
While demand was high, it was a slow second quarter for leasing, which was down about eight percent from last year's quarterly average of 9.7 million square feet. The five largest industrial leases ...
Guggenheim Partners has agreed to extend its lease by 240,000 square feet at its Midtown office headquarters. The new deal will now give the financial services firm a total of 360,000 square feet to ...