Tenants’ Rights Leaders Protest Foundation’s Billion-Dollar Real Estate Deal With Blackstone – KPBS
Photo by Cristina Kim Above: Tenant rights advocates protest the sale of Conrad Prebys’ apartment complexes to Blackstone in National City, CA, July 27, 2021. Local leaders and tenants rights advocates gathered in National City on Tuesday to demand that Conrad Prebys Foundation stop the sale of it’s nearly 6,000 apartment units to the private […]
Court rejects defrauded man’s claim against real estate firm – Journal Record
The Oklahoma Court of Civil Appeals upheld a ruling, saying the plaintiff failed to prove the real estate company’s email had actually been hacked or that the company’s email security protocols were insufficient. Enter your user name and password in the fields above to gain access to the subscriber content on this site. Your subscription […]
Jersey distribution center sold for $22M – Real Estate Weekly
Woodmont Industrial Partners has sold a newly-built distribution center in Woodbridge, NJ, to Denver-based EverWest Real Estate Investors for a reported $22.5 million. The developer finished building the 101,425 s/f facility at 85 New Brunswick Avenue in the second quarter of 2021 and leased it to cosmetics company, Bentley Labs. The prestige beauty developer and […]
CBRE to acquire $1.3B stake in Turner & Townsend – Real Estate Weekly
CBRE Group and Turner & Townsend Holdings Limited today announced an agreement whereby CBRE will acquire a 60 percent ownership interest in, and enter into a strategic partnership with Turner & Townsend, a United Kingdom-based global leader in program, project and cost management. CBRE will pay $1.3 billion in cash, with 55 percent to be […]
US commercial real estate sales return to pre-pandemic levels – Greater Baton Rouge Business Report
U.S. commercial real estate sales this year have rebounded to pre-pandemic levels, fueled by historically low interest rates and the belief of many investors that the worst of COVID-19 is over. But the commercial property sales landscape looks a lot different than it did before the health crisis hit in early 2020, The Wall Street […]
Real estate update: sales of condos over $1 million are up 625% from last year – Islander News.com
With an average of 661 people a day moving to Florida and the fact that just three South Florida counties — Miami-Dade, Broward and Palm Beach — contain 30 percent of the state’s 21.6 million-plus population, supply and demand continues to drive the real estate market. Ron Shuffield, President and CEO of Berkshire Hathaway HomeServices […]
Why San Miguel De Allende’s Views Command Premium Real Estate Prices – Forbes
The views of San Miguel de Allende getty The views of Mexico’s San Miguel de Allende command premium prices that luxury homebuyers happily pay. The beyond picturesque views of San Miguel de Allende truly matter to luxury buyers, according to Joseph W. Lown, a top producing agent at the leading luxury brokerage firm CDR San Miguel. […]
How to buy a home in Sioux Falls’ crowded real estate market – Argus Leader
It’s a bit like Black Friday, but for homes instead of 72-inch TVs. “We’ve actually been looking since I found out I was pregnant,” Jill Steffen, a Sioux Falls home buyer, said. That pregnancy has now grown into her 1-year-old daughter. “That’s actually how long it took us to find the right home,” Steffen said. Home buying […]
Leste Group Recruits Josh Patinkin to Guide U.S. Real Estate Platform Expansion – Cadillac News
MIAMI–(BUSINESS WIRE)–Jul 27, 2021– Leste Group, a global independent alternative investment manager, is pleased to announce the appointment of Joshua Patinkin as Managing Director of U.S. Real Estate. In his new role, Mr. Patinkin will focus on expanding Leste Group’s U.S. real estate investment platform as well as manage Leste’s existing U.S. real-estate portfolio, including […]
Morning Report: Costs Climbing for Another Troubled Real Estate Deal – Voice of San Diego
7950 Othello Ave. / Photo by Megan Wood If you were under the impression that San Diego was only dealing with one real estate deal involving a long-term lease and millions of dollars’ worth of unforeseen renovation costs, I’m sorry to be the bearer of bad news. As Andrew Keatts reports, the city signed a […]