Commercial Real Estate
Hits and Misses for the Real Estate Week of Oct. 20-24
A Manhattan luxury tower is falling apart, Jamie Dimon is going to the Smithsonian, and who’s photographing the East Wing demolition? Continue Reading Hits and Misses for the Real Estate Week of Oct. 20-24
Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
The mall is approximately 70% vacant and is expected to permanently close next spring Continue Reading Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
Mathieu Bolté to Exit Leadership Ranks at BTB Real Estate Investment Trust
Bolté joined BTB in May 2020 as vice president and chief financial officer and was promoted to his current positions last March. Continue Reading Mathieu Bolté to Exit Leadership Ranks at BTB Real Estate Investment Trust
Four Seasons to Open New Hotel in Shanghai
“The return of Four Seasons to Shanghai will present a new luxury hospitality offering that captures the vibrant character of this world-class city,” said Four Seasons’ Bart Carnahan Continue Reading Four Seasons to Open New Hotel in Shanghai
Crown Realty Partners Acquires Five-Asset Industrial Portfolio in Ottawa
Three of the buildings were acquired in partnership with Ripple Developments. Continue Reading Crown Realty Partners Acquires Five-Asset Industrial Portfolio in Ottawa
Involta Acquires Green Bay Property for Colocation Expansion
This acquisition marks Involta’s 13th data center location. Continue Reading Involta Acquires Green Bay Property for Colocation Expansion
Tempus Realty Partners Sells Final Property in $21.6 Million Portfolio
The 20,036-square-foot building in North Davidson, North Carolina, was acquired by Tempus in 2019 for $2.4 million and repurposed for office use. Continue Reading Tempus Realty Partners Sells Final Property in $21.6 Million Portfolio
Connecticut Shopping Plaza Sells for $19.2 Million
The property was developed in 1962 and is 92% occupied with 46 tenants. Continue Reading Connecticut Shopping Plaza Sells for $19.2 Million
After 26 Years of Renting, Prada Buys Its Flagship NYC Store Property
Prada will take ownership of the five-story store and its accompanying seven-story office building. Continue Reading After 26 Years of Renting, Prada Buys Its Flagship NYC Store Property
Bankrupt Austrian Company May Be Forced to Sell Stake in NYC’s Chrysler Building
Signa teamed with New York City-based RFR Holding to purchase the Chrysler Building in 2019 for roughly $150 million. Continue Reading Bankrupt Austrian Company May Be Forced to Sell Stake in NYC’s Chrysler Building
Sameer Nair Joins Peachtree Group as SVP of Equity Asset Management
He was most recently senior vice president of acquisitions and development for Hospitality Ventures Management Group. Continue Reading Sameer Nair Joins Peachtree Group as SVP of Equity Asset Management
Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
Boruch “Barry” Drillman pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
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