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David Carlos Joins JLL as Vice Chairman

David Carlos Joins JLL as Vice Chairman

by Phil Hall | Sep 11, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

JLL (NYSE:JLL) announced the appointment of David Carlos as vice chairman and head of the nonprofit, education and government practice. Prior to JLL, Carlos was vice chairman of the nonprofit practice group at Savills, where his clients included Weill Cornell...
Bids Welcomed on NYC Hotel in Bankruptcy Sale

Bids Welcomed on NYC Hotel in Bankruptcy Sale

by Phil Hall | Sep 11, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hilco Real Estate LLC announced Sept. 27 will be the qualified bid deadline for the Chapter 11 bankruptcy sale of the 15-story Hudson River Hotel in New York City. Located at 442 West 36th St., the 56-room hotel was built in 1999 and features a newly renovated lobby...
Hits and Misses for the Real Estate Week of Sept. 4-8

Hits and Misses for the Real Estate Week of Sept. 4-8

by Phil Hall | Sep 8, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Disturbing data from the mortgage world, a new grass roots movement for affordable housing in California, and a Manhattan high-rise where you can park your car outside of your apartment’s front door. From the wild and woolly world of real estate, here are the...
New Report Examines the State of Multifamily Construction

New Report Examines the State of Multifamily Construction

by Phil Hall | Sep 8, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), has released the new report “Pullback in Multifamily Construction Starts.” According to the company, the new report offers the latest apartment construction research and analysis,...
Tom Donahue Named Partner at DIV Industrial

Tom Donahue Named Partner at DIV Industrial

by Phil Hall | Sep 8, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

DIV Industrial, an Irvine, California-based institutional-level investor and developer of industrial real estate, has named Tom Donahue as partner and head of development. In his new role, Donahue will oversee all activities for DIV Industrial’s ground-up development...
FDIC Begins Marketing of Signature Bank’s CRE Portfolio

FDIC Begins Marketing of Signature Bank’s CRE Portfolio

by Phil Hall | Sep 7, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Deposit Insurance Corp. (FDIC) has begun the marketing process for the approximately $33 billion commercial real estate (CRE) loan portfolio retained in receivership following the failure of Signature Bank. “The majority of the CRE loan portfolio being...
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