Deconstruct Breaks Down New York Rent Law Battle
Nearly four years after a sweeping set of rent reforms left New York landlords gobsmacked, an attack plan by building owners to rollback the law has entered its final stage. A lawsuit challenging the 2019 rent law has failed in District Court and on appeal, a one-two punch that allows owners to bring their suit […]
Developer plans mixed-use project in Fort Lauderdale. Here are details
The project would include apartments and commercial space.
Waterton Hires Matt Porath
Firms focused on the multifamily market made the bulk of Chicago’s recent real estate staffing moves as one of the nation’s biggest landlords picked up a new communication channel for investors. Other action included a brokerage’s expansion into Denver and the promotions of four midmarket multifamily dealmakers, including two specializing in Chicago’s southwest side. Read […]
BKM gets NoHo business park as part of $280M buying spree
BKM Capital Partners has paid $280 million for 35 industrial buildings in three states, including an 84,400-square-foot industrial park in L.A.’s San Fernando Valley. The Newport Beach-based real estate investor bought 10 light industrial properties of more than 1.1 million square feet in Los Angeles, Las Vegas and Portland, Ore., the Commercial Observer reported. The […]
Is Beckley a great place for real estate?
BECKLEY (WVNS)– Beckley has been ranked in the top five cities with the strongest ROI in the United States. One question you may be asking yourself is “what is ROI?” According to …
MRV’s Resia Proposes 948 Workforce Units in Medley
Resia wants to build a 948-unit workforce housing complex in Medley under the Live Local Act, marking one of the first South Florida developers to seize on new legislation that allows them to bypass local approval for projects. The Miami-based firm proposes four 12-story buildings on an 18-acre site at 7701 Northwest 79th Avenue that […]
NBA Star Patrick Beverley Rents Out His Encino, CA, Home for $23K a Month
Listed for a staggering $23,000 a month, PatBev’s 5,264-square-foot, five-bedroom pad appears to have attracted a tenant.
$150 million missile silo hits the real estate market in Central Kansas
Built to withstand a nuclear blast, 500 mph winds and any conceivable disaster, the Rolling Hills Missile Silo in Central Kansas – owned by BTB Ranch LLC – is on the market with a price tag of $150 million.
Movers & Shakers: Tricera Capital Taps New CIO Adrian Rahimi
Here’s the latest in South Florida real estate hiring. Miami-based Tricera Capital, the commercial real estate firm led by Ben Mandell, brought in Adrian Rahimi as chief investment officer, it announced in a press release. He joins Tricera from his role as head of capital markets at Resia, a multifamily developer based in Miami, LinkedIn […]
Private equity, real estate investors navigate rocky financing world
Lending activity from banks on commercial real estate has slowed in the wake of higher interest rates, an expected recession, questions about specific sectors and the collapse of three regional banks this spring.