Construction & DesignFeatured Construction darling Katerra cuts more workers REW June 30, 2020 June 30, 2020 by REWJune 30, 2020June 30, 20209552 Softbank-bank firm insists layoffs are part of strategy to make Katerra "a self-sufficient, profitable business.”
Debt & EquityFeatured Greystone, Lappin JV a ‘life raft’ for affordable housing owners REW June 29, 2020 June 29, 2020 by REWJune 29, 2020June 29, 20203966 JV hailed as 'life raft' for owners of affordable multifamily projects needing loans for renovations
FeaturedProperty Managers Owners strike deal with building workers on extended COVID benefits REW June 29, 2020 June 29, 2020 by REWJune 29, 2020June 29, 20204589 RAB and Local 32BJ are also creating a voluntary incentive program for workers who want to retire early
FeaturedResidentialTechnology Nuveen taps co-living company to manage ‘regular’ apartments REW June 29, 2020 June 29, 2020 by REWJune 29, 2020June 29, 20204174 Nuveen said it was Common's tech-driven approach to property leasing and management that drew their interest.
Featured Deloitte partners with software giant, Nuvolo REW June 29, 2020 June 29, 2020 by REWJune 29, 2020June 29, 20204017 Partnership hailed as a game-changer as companies and enterprises look for best ways to plan and manage how to keep their employees safe and operations running.
Deals & DealmakersFeatured CoStar completes $190M acquisition of Ten-X REW June 25, 2020 June 25, 2020 by REWJune 25, 2020June 25, 20205876 CoStar Group plans to integrate the Ten-X auction platform into both LoopNet and CoStar,
Construction & DesignFeatured Amazon announces $2B fund to support sustainable development REW June 24, 2020 June 24, 2020 by REWJune 24, 2020June 24, 20203580 Climate Pledge Fund will support the development of sustainable technologies and services that will enable companies to be net zero carbon by 2040.
Construction & DesignFeaturedResidential Durst tops out LIC rental tower REW June 24, 2020 June 24, 2020 by REWJune 24, 2020June 24, 20207968 The 67-story Sven is the second tallest building in the outer boroughs
FeaturedRetail Japanese retailer pushing ahead with US expansion REW June 24, 2020 June 24, 2020 by REWJune 24, 2020June 24, 20202599 2nd Street USA is gambling on pandemic-weary teens with an eye for a high fashion bargain.
Debt & EquityFeatured SL Green closes on $510M loan for midtown tower REW June 24, 2020 June 24, 2020 by REWJune 24, 2020June 24, 20203309 Loan was provided by a lending group led by Aareal Capital Corp., Citi and Credit Agricole.