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Bay Area real estate prices climbing back up – KRON4

SAN FRANCISCO, Calif. (KRON) – Around the Bay Area, rents are down about 15-20 percent compared to last year. However, since the pandemic has started to ease, prices are starting to climb back up. So far in 2021, rents are up compared to last year. San Francisco rental prices are up about 5%. San Jose […]

Brits offload Upper East Side apartment buildings – Real Estate Weekly

British investor Henley Investments has offloaded a pair of Upper East Side apartment building it bought ahead of new rent regulations in 2017. Local investor Aulder Capital bought 409 and 413 East 84th Street, two contiguous buildings located in Yorkville (pictured top) for $21.7 million. Meridian’s Amit Doshi and Shallini Mehra represented both the seller […]

DLP Real Estate Capital Acquires the Edge at Kutztown, a Student Housing Community – KPVI News 6

BETHLEHEM, Pa., July 7, 2021 /PRNewswire/ — DLP Real Estate Capital, a private financial services and real estate investment firm, announced its acquisition of The Edge at Kutztown, a 184-unit student housing property, located in Kutztown, Pennsylvania. The community, renamed to DLP Kutztown, will offer naturally occurring affordable housing to both students and families living in […]

Real estate gets its mayor: Eric Adams – The Real Deal

Eric Adams (Getty) The real estate industry’s bet on Eric Adams has paid off. The Brooklyn borough president clinched the Democratic primary for mayor late Tuesday when a count of absentee ballots pushed him above 50 percent of the vote, including spillover votes from rivals in New York’s new ranked-choice voting system. Adams was heavily […]

Abu Dhabi royals-owned real estate firm sells $350 million sukuk – Reuters

DUBAI, July 7 (Reuters) – The Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, sold $350 million in five-year Islamic bonds on Wednesday at 5.5%, a document showed. The sukuk were tightened from initial price guidance […]

Luxury real estate office opens in Douglas – HollandSentinel.com

DOUGLAS — A global luxury real estate brand is expanding to Michigan, opening its newest location in Douglas.  Engel & Völkers opened its first Michigan location, Engel & Völkers Shoreline, earlier this month at 23 Center St. in Douglas. The shop will serve communities along the Lake Michigan shore from Holland to the Indiana border, including […]

NewLake Capital Partners Expands Real Estate Partnership – GlobeNewswire

NEW CANAAN, Conn., July 07, 2021 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (“NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced the acquisition of a parcel of land for the construction of a 130,757-square-foot cultivation and processing facility in Phoenix, Arizona. Concurrent with the closing of the acquisition, NewLake […]

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