GTIS Partners, a New York City-based real estate investment firm focusing on U.S. residential and industrial/logistics projects, has formally announced the launch of Tavalo, a dedicated build-to-rent community development company. Tavalo, which operates as a...
St. Francis College, a private Franciscan college in Brooklyn, has sold its campus for $160 million. According to a report in The Real Deal, the five-building campus in the Brooklyn Heights community has been the home to the college for six decades. St. Francis is...
Scott Rechler, an executive who also serves on the board overseeing the New York Federal Reserve warned on Twitter of potentially systemic problems in the real estate finance market and called on the industry to work with authorities to avoid things getting out of...
Source: J.P. Morgan — More than half of commercial real estate leaders—including those with multifamily property rentals—believe a recession is likely this year, according to JPMorgan Chase’s 2023 Business Leaders Outlook: Commercial Real Estate. We asked three...
Source: MetroWest Daily News — As more than 170 Massachusetts cities and towns begin drafting proposals to comply with the state’s new multifamily housing requirements, city planners and business leaders say commercial real estate could play a significant role...
Source: Globest — A drop in home mortgage rates, a pause (or even cut) by the Federal Reserve at its March 22 meeting, and the need to obtain new letters of credit are among the matters to ponder as commercial real estate companies and venture-capital groups...
