News

Evercore launches capital raising platform

Evercore, an investment banking advisory firm, is growing its global real estate capital-raising platform to complement its private equity and


National retailers taking the old with the new

National retailers are increasingly adapting to e-commerce by adding logical extensions of their businesses to bricks and mortar locations and

Breakfast briefing: Deals still getting done despite rising rates

Despite a rising interest rate environment, commercial real estate pros are still finding opportunities to do deals, albeit with a



Passco adds Orlando office

Passco Companies has added an Orlando office, and is expanding its team nationwide with the five new hires. The Orlando


Kushner snags New Jersey multifamily

Kushner Cos. has acquired a 494,106-square-foot high-rise apartment property at 300 Prospect Place in Hackensack, N.J., for $101.67m from a joint


RXR shops Blackstone-occupied suburban N.J. office

RXR Realty has brought to the market a 328,000-square-foot suburban office building at One University Square Drive in West Windsor,


Core differentiator: Investors warm up to ESG strategies

Commercial real estate investors are increasingly eyeing funds that offer ESG lending strategies, with this focus emerging as a differentiator


REFI Radio: Ground lease deals gain institutional cred

Real estate pros are seeing an uptick in the number of ground leases as new capital is raised in the


VTS aims to overhaul CRE leasing, asset management

VTS, a New York-based proptech company that aims to overhaul and simplify the leasing and asset management process for commercial


Hunton Andrews Kurth brings on Los Angeles, Miami partners

Hunton Andrews Kurth has expanded its real estate practice with two new partners, bringing on Jane Hinton in Los Angeles


SL Green markets Manhattan office condo

SL Green Realty Corp. is marketing a 133,000 square-foot Manhattan office condominium at 609 Fifth Avenue, which could be sold


DebtX launches Ukrainian CRE asset sale

DebtX is preparing to sell a $100m commercial real estate portfolio for a major bank in Ukraine. The advisory company


Thor Equities selling Brooklyn development site

Thor Equities is selling a 10.5-acre development site at 280 Richards Street in Red Hook, Brooklyn for $110m via Hodges




PGGM nabs stake in Big Apple Residential tower

PGGM has acquired a 30% stake in the Riverside Center Tower at 21 West End Avenue in Manhattan from a


Invesco snags Cambridge office campus

Invesco Real Estate is buying a roughly 200,000-square-foot office and lab complex in Boston’s Cambridge submarket for $73m, or about


Normandy launches Boston-area office sale

Normandy Real Estate is marketing a 248,000-square-foot office building in Needham, Mass. The company, which has tapped Newmark to handle


GEM strikes deal for suburban Chicago office

GEM Realty is buying Orrington Plaza, a 308,695-square-foot office property in Evanston, Ill., for $91m, or about $295 per square


IPA lobbies for REIT regulatory framework changes

The Institute for Portfolio Alternatives, a trade group that represents retail investors in alternative assets, is preparing to lobby lawmakers