Category : Blog

Alex Muravsky joins Urstadt Biddle Properties as Assistant Vice President of Acquisitions
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Alex Muravsky joins Urstadt Biddle Properties as Assistant Vice President of Acquisitions

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Urstadt Biddle Properties is pleased to announce that Alex Muravsky has joined Urstadt Biddle Properties as Assistant Vice President, Acquisitions. Mr. Muravsky will assist James Aries, Senior Vice President of Acquisitions, in asset management of the existing shopping center portfolio and will be responsible for sourcing, analyzing, and performing due...
Avison Young arranges sale-leaseback of 1 Wood Hollow Road in Parsippany
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Avison Young arranges sale-leaseback of 1 Wood Hollow Road in Parsippany

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Avison Young announced today its New Jersey office has arranged the sale-leaseback of 1 Wood Hollow Lane in Parsippany, NJ. Spanning over 135,000 square feet (sf), the industrial/flex building was acquired by Longpoint Realty Partners, L.P. to extend the lease to the current occupant, Allstate Can Corporation, who will continue...
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AIG Global Real Estate Expands Multifamily Portfolio to Salt Lake City in Joint Venture with RedHill Realty Investors

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AIG Global Real Estate, the global real estate equity investment manager of American International Group, Inc. (NYSE: AIG), today announced the formation of a strategic joint venture with RedHill Realty Investors, a privately held real estate company headquartered in San Diego, to acquire River Oaks Apartments & Suites, a 180-unit,...
Berkshire Hathaway HomeServices New York Properties Expands Presence with New Long-Term Office Lease at 590 Madison Ave.
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Berkshire Hathaway HomeServices New York Properties Expands Presence with New Long-Term Office Lease at 590 Madison Ave.

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 Berkshire Hathaway HomeServices New York Properties (BHHSNYP) is pleased to announce it has signed a new seven-year lease for its growing New York City brokerage offices at 590 Madison Ave. in the heart of Manhattan’s Plaza District. BHHSNYP, one of the largest, full-service real estate brokerage firms, HomeServices of America, Inc.— and an...
Jamestown Wins PREA ESG Momentum Award
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Jamestown Wins PREA ESG Momentum Award

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Jamestown, a global real estate investment and management firm, today announced its Premier Property Fund has won the Pension Real Estate Association’s (PREA) ESG Momentum Award, which recognizes funds that have demonstrated  innovative and industry-leading approaches to ESG (Environmental, Social, and Governance). PREA is a non-profit trade association for the global institutional real estate investment...
Newmark Arranges $50.7 Million Sale of Industrial Development Site in LA’s Prime South Bay Submarket
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Newmark Arranges $50.7 Million Sale of Industrial Development Site in LA’s Prime South Bay Submarket

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Newmark 1 announces it has facilitated the sale of a 14.19-acre industrial development site in Long Beach, California for $50.7 million. Newmark Executive Managing Directors Andrew Briner, Jim Linn and Bret Hardy and Co-Head of U.S. Capital Markets Kevin Shannon represented the seller, along with Vice Chairman John McMillan and...
Hudson Valley Property Group Closes on $190M in Affordable Housing preservation deals for 748 NYC apartments
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Hudson Valley Property Group Closes on $190M in Affordable Housing preservation deals for 748 NYC apartments

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Today, Hudson Valley Property Group (HVPG) announced the closing of two preservation transactions across three multifamily properties – the first at Keith Plaza (2475 Southern Boulevard, Bronx, NY) and Kelly Towers (2405 Southern Boulevard, Bronx, NY), and the second at Los Tres Unidos Apartments (1680 Madison Avenue, New York, NY). HVPG will...
Shawmut Design and Construction Celebrates 40th Anniversary
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Shawmut Design and Construction Celebrates 40th Anniversary

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Shawmut Design and Construction, a leading $1.3 billion national construction management firm, is celebrating its 40th anniversary in 2022. Founded in 1982 as a small carpentry contractor with a handful of employees, Shawmut built its reputation on a willingness to take on the most complex and challenging projects. Now, with 11 offices nationwide—including...
ADDX To Appoint New CEO: Investment Banking Veteran Oi-Yee Choo
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ADDX To Appoint New CEO: Investment Banking Veteran Oi-Yee Choo

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Singapore Exchange-backed private market platform ADDX has announced that Oi-Yee Choo will be appointed its Chief Executive Officer, subject to the Monetary Authority of Singapore’s (MAS) approval. The ADDX platform was founded in 2017 and began full commercial operations in 2020 after becoming one of the first digital securities exchanges...