New York City Mayor Zohran Mamdani’s push for a so-called pied-à-terre tax on luxury second homes took a bizarre turn with the city’s Department of Finance uploading a searchable database of the addresses and names of property owners with homes valued at over $1...
Lone Star Funds, a global investment firm with its principal office in London, announced that an affiliate of Lone Star Real Estate Fund VII LP has successfully completed the acquisition of Premier Place, a 20-story Class A office tower in Dallas. The...
The real estate development and investment firm Mast Capital, in partnership with Koch Real Estate Investments, has acquired The Islands of Islamorada Resort, a luxury resort in Islamorada, Florida, from the Frisbie Group. The financial terms of the deal were not...
BlackWolf Advisory Group, a mortgage servicing consulting firm, has teamed with Authority Partners, a technology strategy and software engineering firm, on an initiative to assist mortgage lenders and servicers adapt to the industry’s new artificial intelligence (AI)...
Murfreesboro, Tennessee-based National Health Investors Inc. (NYSE: NHI), a real estate investment trust focused on senior housing communities and medical facilities, has recruited Chris Maingot as chief operating officer (COO), a newly created position. Maingot has...
Hedge fund executive Bill Ackman’s Pershing Square Foundation has acquired two buildings on Manhattan’s Upper West Side for $260 million, with the goal of creating a brain research center at the properties. Fortune reports the foundation paid $190 million for 125 West...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
