11 Must Reads for Real Estate Investors (Aug. 28, 2023)

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Kimco Realty announced it has reached an agreement to purchase RPT Realty in an all-stock deal valued at $2 billion. Wall Street funds that backed WeWork are discussing how to handle the firm’s potential bankruptcy, reports The Wall Street Journal. These are among the must reads from around the real estate investment kick off the new week.

Berks County real estate transactions for Aug. 27

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Some of the transactions do not include a transfer price because no money was exchanged for the property. All deeds are recorded in the Berks County recorder of deeds office and are a matter of pub…

NYC is facing a dire situation as commercial leases are renting much smaller spaces

The not-so-slow-motion divestment of companies from millions of square feet of office space is underway, posing what may well be the biggest threat to New York tax collections and its wider economy in generations. A nimble city needs to give businesses and individuals as much flexibility and power as possible to repurpose underutilized spaces, lest empty, white-elephant commercial real estate drags us all down.