Category : Blog

Leave it to Sam Zell to call foreign investment “bullshit,” the commercial real estate market a “whorehouse,” and still end up with a surprisingly sensible argument. The famously blunt investor and REIT pioneer used Eisner Amper’s real estate private equity summit last Wednesday to pick on the common notion that foreign investors are driving up commercial real estate prices in New York and other cities. “I can’t speak for everybody else,” said Zell, “but I think the — quote — flow of foreign capital is a bunch of bullshit."

By Steven Spinola The Durst family made headlines recently when they announced plans to create a new residential development on the Queens waterfront. This new … Continued

By Konrad Putzier Anbang Insurance Group has bought the Waldorf Astoria Hotel in Midtown Manhattan from Hilton International for $1.95 billion, becoming the first Chinese … Continued

The Wexler Healthcare Properties Team at The Corcoran Group announced that 20 East 46th Street, a midtown commercial building, is 100 percent occupied. Working on behalf of Extell Development Company, the Wexler Team has leased 40,022 s/f of space since 2011; nearly half of the building. Located two blocks from...

Jack Resnick & Sons, Inc. and Lower Manhattan Cultural Council (LMCC) announced a ten-month partnership in which 50,000 s/f of recently vacated office space on … Continued

By Konrad Putzier Peer-to-peer lending — once synonymous with small consumer loans — is making forays into the real estate industry. Virtually unregulated, the practice … Continued

NGKF Capital Markets has welcomed structured finance dealmakers Jordan Roeschlaub, as senior managing director, and Daniel Fromm,as managing director, to its New York office. The … Continued