News

Midtown office condo goes up for sale

The National Center On Addiction and Substance Abuse is seeking buyers for two full-floor office condominiums at 633 Third Avenue


Steinbridge forms renovation JV

The Steinbridge Group has formed a strategic partnership with Lowe’s Alacrity Services, a subsidiary of Fortune 50 firm Lowe’s Corp., to build out its single-family residential platform.

Monument rides rising apartment sentiment

Monument Capital Management is working to expand its portfolio of U.S. workforce apartment units in response to rising demand for



MetaProp raises $40m for second proptech fund

MetaProp NYC, an early-stage proptech advisory and accelerator firm, has closed on its second venture capital fund with $40m from


Walker & Dunlop expands multifamily platform to West Coast

Walker & Dunlop has expanded its multifamily investment sales platform to the West Coast, hiring Javier Rivera from Jones Lang


Walker & Dunlop launches small-balance product

Walker & Dunlop is going strong in the small-balance agency multifamily loan space, hiring Mark Besharaty away from Hunt Mortgage Group to lead the its first effort in this part


PGIM, CityView JV acquires stake in San Francisco apartments

PGIM Real Estate has formed a joint venture with a public pension fund client of CityView to acquire a 50%


Los Angeles retail continues to lag office, industrial sectors 

The Los Angeles retail sector continues to lag the office and industrial sectors in urban and suburban areas. The city’s


Four Points shops D.C. apartments

Local developer Four Points is marketing a 205-unit, mixed-use apartment and retail property in Washington, D.C. The property at 1827 Seventh Street NW


Secondary, tertiary cities mount push for middle-office workforce

Secondary and tertiary cities are increasingly looking to woo middle-office jobs away from larger, more expensive metro areas. The pitch


Sabal dives into small-balance affordable space

Sabal Capital Partners, a real estate lending firm, is expanding into the small-balance affordable lending space through a partnership with


Eastern Consolidated set to shut its doors

Eastern Consolidated is set to shut its doors in July, a move that stunned brokers at the full-service New York-based


Tech co. seeks $15-20m for sourcing, underwriting platform

Skyline AI, a real estate tech startup that uses artificial intelligence to source and underwrite deals, is hoping to raise




CRE pros brush off rate hike

The Federal Reserve hiked benchmark short-term interest rates by 25 basis points on Wednesday to target the 1.75% to 2%


Brokers + Engineers JV rolls out triple-net 1031 exchange platform

A Brokers + Engineers-led joint venture has launched a unique trading platform that connects buyers and sellers in 1031 tax-deferred


Former Wisconsin manufacturing town sees rejuvenation

Kenosha, Wis.,  has seen increased investment activity due to its location about halfway between Chicago and Milwaukee. The county is already home to Meijer’s


Black Creek set to leverage retail, HNW shifts toward real estate

Black Creek Group, a Denver-based real estate investment management company, is working to tap into a shift by retail and


News in Brief: AEW closes $1.12bn Asia Pacific fund

AEW has held the final closing for its third Asia Pacific value-added fund, AEW Value Investors Asia III, the company