Fund eyes multifamily market with $425M purse
Bell Partners Inc., an apartment investment and management companies, has completed the final close of Bell Apartment Fund V, LLC with $425 million of total … Continued
Category : Blog
NAIOP focus on government actions that affect CRE industry
From the State House, to local governments, to courthouses across New Jersey, recent regulatory, legislative and legal issues are impacting commercial real estate. Photo by … Continued
Herrick real estate event
Herrick Feinstein’s held its annual real estate event at Bryant Park Grill and Garden.
Lending first as Walker & Dunlop closes new loan
Walker & Dunlop, Inc. has closed the first Freddie Mac Tax Exempt Loan in the country. The company announced three loans totaling $10,665,000 for properties in Tennessee with Freeman Webb using the new loan program. The program requires less documentation (no offering statement, reimbursement agreement or credit enhancement agreement) and...
Planned new WeWork space is a jobs farm, says city
When it comes to jobs and start-ups, New York City is gearing up to grow its own. Shared office space provider WeWork yesterday (Monday) unveiled Dock 72 at … Continued
Real estate industry helps produce good-news budget
John Banks By John Banks, president, REBNY A strong local economy fueled by the real estate industry is making a major impact on this year’s … Continued
Employment growth in tune with leasing jump
Unemployment in New York City is down and to harmonize with it’s slide, office leasing in Manhattan is humming upward, according to the Manhattan Office … Continued
Middle East family partners on purchase of Beatrice Inn building in West Village
Spirit Bascom Ventures, LLC, a partnership between Irvine, California based The Bascom Group, and Stamford, Connecticut based Spirit Investment Partners, has acquired 285 West 12th … Continued
Office boss helps fund new pediatric unit
Mercy Medical Center, located at Rockville Centre, Long Island, dedicated its new Pediatric Express Care Unit to Angela Swenson Burke. Ms Burke is the late mother of Lane Office CEO Gregory F. Burke who donated $25,000 to help fund the new facility. Burke made the donation after being impressed with...
Judge points to PLA in ordering union workers to end strike
A district court judge has issued a restraining order against workers who walked off their jobs in 30 construction sites across New York City last … Continued